by Ben Hess, Managing Director, ThirdPool Recruiting
According to the Bureau of Labor Statistics, the average person changes jobs every 4 years.
What drives an individual to consider new opportunities?
Increasing one’s income is an important factor, but it was only cited as the most important by 14% of job-changers.
The other reasons ranked similar to income (slightly above 10%) were disliking the work environment, needing more opportunity for growth, seeking a better work-life balance and not feeling passionate about the job.
All these reasons focus on quality-of-life issues and suggest that unhappiness isn’t just about pay.
Other researchers found that poor management tends to be a major trigger for job change.
If an agent tells you they’re leaving for a better split, dig deeper and try to uncover the more significant factors contributing to the decision.
When a recruiting prospect is comparing your offer to a competitor’s offer, have these stats at your fingertips.
Encourage them to factor in quality-of-life and management issues (as well as pay) when making the decision.