79% Plan to Pursue New Job Opportunities as the Economy Improves
New York, NY--January 18, 2012. FPC's latest Workplace Web Poll Data indicates that the employment marketplace may be in for a shake-up in 2012 as employees who see an improving job market start looking for new job opportunities.
Every quarter, FPC surveys professionals to gain insights on their perspective on workplace issues and trends. Today's report is published as part of FPC's 2011 Year in Review, which includes a special video interview with Marc Cenedella, founder & CEO of TheLadders.com, regarding the state of recruiting in the economic recovery.
Of the approximately 1,500 professionals who responded to the survey, a strong majority indicated that they were planning to look for a new job when the job market improves (79%). Half of the survey responders felt that they had gained marketable skills and lack advancement opportunities in their current position. Employers' actions in tough economic times seem to be playing a role in employees' plans for 2012, as 28% indicated they would move on at least in part due to how their employer treated its employees during the recession, while 8% stated that they were well treated and planned to stay put. Continuing insecurity caused 10% of respondents to indicate they were being cautious and waiting for even greater improvements in the job market before seeking out other opportunities.
Additionally, over two-thirds of the respondents who were unemployed at the time of the survey felt that their employment status did not impact the hiring decision of the employers with whom they interviewed. Within the 24% of respondents who indicated that they thought employers were reluctant to consider them due to their unemployment, 8% were specifically told that being unemployed put them at a disadvantage compared to other job candidates.
Finally, respondents proved relatively indifferent to work-life balance perks either as a selling point for a new position or as a "keeping" feature for their current employment. Half of respondents indicated that perks such as casual Fridays, free lunches, and company-sponsored events were important to them, but would not dissuade them from considering a new position that did not offer them. 41% of respondents replied that it did not matter to them whether their employer offered those perks.
Respondents surveyed during the months of October, November, and December 2011, across all industries and job levels, answered the following questions:
1. “Are you planning to look for a new job when the job market improves?”
28% Yes; my company wasn't very good to its employees during the recession and I want to move on
51% Yes; I've gained marketable skills and I don't see room for advancement here
8% No; my company handled its workforce very well during the recession and I want to stay
10% No; the job market is still too tenuous and I want to be cautious
3% No response
2. “If you are currently unemployed, do you feel that potential employers may have been reluctant to hire you due to your unemployed status?"
8% Yes; I was told in an interview that being unemployed put me at a disadvantage against other candidates
16% Yes; no one mentioned this specifically, but the interviewer(s) seemed to continuously probe about my unemployment
44% No; my experience and skills seemed well received and my unemployed status wasn't a topic of conversation
25% No; the interviewers all seemed very understanding about the impact of the recession on employers
7% No response
3. “In thinking about company culture, how important are work/life balance perks, such as talent shows, casual Fridays, company sponsored movie night, and free lunch etc?"
50% These things are important to me; but are not deal breakers when looking for a new employer
3% These are great selling features and I would not work for a company that did not offer them
6% These are great keeping features and are one of the reason why I like my employer
41% It does not matter to me whether my employer offer these perks
Ron Herzog, CEO & President of FPC, said, "As the economy and the job market continue to improve for college-educated management professionals, we're seeing a level of pent-up demand for career change that candidates may have put off over the past couple of years due to economic uncertainty. Despite much of the negative commentary we all hear these days, employers are finding that they need to compete to attract and retain their top talent. Companies should be thinking about this in a proactive way."
FPC is a national executive search firm with close to 70 franchise offices. Since 1959, FPC recruiters have been committed to bringing together the right individual with the right opportunity. FPC conducts research to provide the most current advice and information to job candidates and client companies. FPC press releases share pertinent results with the public. For information about FPC, call 800-886-7839 or visit www.fpcnational.com.