Thursday, November 21, 2019
Other than salary, benefits top reason someone would jump ship
Other than salary, benefits top reason someone would jump shipOther than salary, benefits top reason someone would jump shipNew research from international talent and outsourcing company Yohshows that other than getting a bigger paycheck, the biggest factor that would cause an American worker to jump ship for a new job is better benefits at 50%, meaning, paid time off, healthcare options, 401(k). Digging a little bit deeper, 49%of men, 50% of women and 53% of those ages 18-34 chose this option in particular.The Harris Poll surveyed mora than 800 American adult employees. Here are some of the points that stood out.Other reasons why people would leave their jobsThe research found that a flexible work environment took second place at 42%, a higher-level sttte took third place at 35%, and a less stressful job claimed 32%. A field of work Im more interested in was also at 32%. Thirty-one percent chose a better company culture, 27% chose more perks like an onsite gym, daycare, dry-cleaning . Surprisingly, a better commute, meaning one thats shorter, closer to home, less costly came in lastat 24%. Just 3% chose other.Mark Masterson, a Vice President atYoh, told Ladders about the significance of this specific data point.At Yoh, what weve found is that as the proliferation of remote work has grown, workers may be more open to accepting a job where the companys office is further from home with the possibility of working remotely, he said. While there are some larger companies that have returned to more traditional office work, trends indicate that an increasing amount of jobs are able to be done either fully or partially from home. Not only does this trend expand the pool of potential candidates for employers to choose from, but it can also decrease overhead and the cost of leasing office space.Still, 15% said they wouldnt jump ship for anything.Heres where people with $100k+ salaries standAmong those earning a minimum yearly income of $100,000, 43% chose better benefits, 39% chose a flexible work environment, 28% chose a higher-level position and 30% chose a position that wouldnt stress them out as much.A field of work Im more interested in pulled in 22%, while a better company culture pulled in 27%, improved perks came in at 25% and a better commute claimed 26%.But while research has found that 3% of Americans say they would quit their jobs via text message, what it would take to make them leave - besides more money, of course - is a very different story. Keeping this in mind, here are some tips on how to jump ship the right way.
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