November 21, 2024 5 min read
LHH survey: 41% of employees want to change jobs

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Global trends in the workplace revealed by the study " Resetting Normal: Defining the New Era of Work ". The LHH survey among others foresees employee movements seeking flexibility, recognition and improved mental & physical health.

  • Well-being in the workplace has become a benchmark for employee satisfaction.
  • Employees are not opposed to hard work or returning to the office. On the contrary, they want to do it on their own terms. With greater flexibility and recognition both for their work contribution and for their mental and physical health.
  • Leaders find it difficult to recognize and meet their employees' demands for professional development and work-life balance.

LHH survey: market is mature and employee sentiment ready for a job change

The Research LHH found that Two-thirds (2/3) of employees are confident that companies will resume significant hiring. In addition, it was found that almost two out of five (2/5) change or are considering changing jobs, with 41% are considering moving to jobs with more flexible working conditions. Also, a quarter (1/4) of the global workforce is considering moving to another country or region. At the same time, less than half are satisfied with career prospects in their current company. The above mix of market conditions, emerging challenges and new needs seems to encourage employees to reassess the environment in which they work. This is expected to lead to increased mobility of talent executives who are considering leaving their current job or even changing professions. A recent trend in the workplace, called the "Great Resignation".

The gap between leadership and employees according to the LHH Survey

The findings of the study show a large gap between employees and leadership. typically:

  • Satisfaction with leadership is particularly low in its areas corporate culture and career development opportunities. Just 48% of employees say that Their managers meet their expectations regarding the formation of a good work culture within the company. Less than 50% of employees are satisfied with career prospects in their company. Only 37% say their company invests effectively in developing their skills.
  • Just 50% of employees say their leaders support work-life balance.
  • 67% of employees say leaders are not living up to their expectations of ensuring their mental well-being.

The above findings contradict the perception that leaders have in relation to their abilities in managing the above issues. Leaders seem to find it difficult to identify the specific areas for improvement. This leads to a widening gap between leadership and employees.

John Morgan, President of LHH

"Employees understand that they have more options available to them, which changes the rules in the workplace. Companies need to recognize these warning signs, as many talents will seek to satisfy in other organizations their increased need for work-life balance and for more opportunities in their career development."

Katerina Vourlogianni, Talent Development Director of LHH in Greece

"Employees need leaders who will inspire, guide and develop them. Similarly, leaders need support to respond to this demanding world of work and meet the wants and needs of the people they manage. Companies should empower their leaders with the necessary tools so they can identify and address issues early on that might otherwise become the reason for the departure of their talented employees."

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