A recent survey conducted by Frontline Recruitment Group of over 2700 employees across Australia and New Zealand revealed 88% of workers are more likely to stay in their current position due to job security.
This was closely followed by 81% of workers who are more likely to stay due to economic factors.
The research was conducted throughout February in partnership with leading Australian social research agency, McCrindle. The survey revealed that just 19% of respondents have decided to leave their current role. 39% Have considered leaving but decided to stay and 43% have not considered leaving.
Younger workers are more open to changing roles. 72% of Gen Z workers (aged 18 – 28 years) and 67% of Gen Y (aged 29-43 years) had considered leaving their role in the last 12 months.
“This data confirms that the current economic climate is prolonging the candidate shortage that we’ve been witnessing over the past two years, and in particular it’s making it more difficult for employers to find more experienced talent” said Arthur McColl, CEO of Frontline Recruitment Group.
“To attract experienced talent to new roles, employers need to target candidates who aren’t proactively looking and have in depth understanding of what matters most to them when it comes to a new role.
In this climate, demonstrating strong growth, good tenure and internal career and development pathways is critical”.
The research breaks down the key barriers by generation in achieving career goals by country, sector, and generation.
“This data helps us understand the pressures being felt by employees according to their age and industry sector across Australia and New Zealand. In the current climate, manly employees lack the confidence to apply for new roles. This data means we can really support both candidates and clients in matching meaningful work to the individual and increase the chances of long-term satisfaction, productivity, and retention”, Arthur McColl.
“As a people first business, these insights are critical in supporting our agencies in helping people achieve their career goals and providing expert insight for employers in attracting and retaining their talent”.
Frontline Recruitment Group has over 34 specialist agencies across Australia and New Zealand, with each agency specialising in a specific industry sector of either retail, hospitality, health, education or construction