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Employees not changing jobs in wake of GFC

Employee Careerone

New research has found that Australian employees are not planning on changing jobs in the future due to economic uncertainty due to the GFC.

The research report, Hunting the (hidden) Hunter looked at the triggers that would cause employees to move from one job to another, with the number of people actively looking for alternate employment decreasing to 14 percent, five percent less than the report found last year.

At the same time, the number of people happy in their current roles has increased to 23 per cent, four per cent higher than in 2009.

The bulk of the market, 63 per cent, have stated that they are ‘open to opportunities’ and could be tempted into a job role, but only if the role and company meet the needs of the candidate. This particular group has remained fairly stable post GFC.

Chief executive officer of CareerOne.com.au, Michael Harvey commented on the results of the research:

“As we come out of the global financial crisis, we’ve seen the levels of job dissatisfaction amongst employees reduced over the last 12 months. They recognise that there are areas that could be improved in their role, but aren’t rushing into decisions when it comes to changing jobs.”

“After a long period of difficult business conditions, successive layoffs and increased workloads, employees who have been affected by these circumstances are feeling a greater sense of security in their role. While conditions caused by the GFC are improving considerably, employees aren’t entirely confident that the current employment market is full of opportunity just yet.

A full copy of the report, providing a complete description of each of the C1-7 job hunting segments and the movements within these segments caused by the global financial crisis, can be downloaded at www.careerone.com.au/hiddenhunters.

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David Olsen

David Olsen

An undercover economist and a not so undercover geek. Politics, business and psychology nerd and anti-bandwagon jumper. Can be found on Twitter: <a href="http://www.twitter.com/DDsD">David Olsen - DDsD</a>

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