Money key driver in people changing jobs

OfficeTeam survey says workers also move because they're bored, don’t feel appreciated or seek a stronger mission

Mario ToneguzziShow me the money.

When it comes to leaving jobs, money does indeed talk.

A survey by staffing firm OfficeTeam found that 43 per cent of Canadian workers would move on to greener pastures for more money – 45 per cent of men compared with 39 per cent of women.

“Professionals want to be rewarded and recognized for their efforts at work, and will move to find an employer who provides that satisfaction,” said Koula Vasilopoulos, a district president for OfficeTeam. “When considering a job change, workers should first discuss any issues with their current manager, who may be able to offer things like additional incentives or development opportunities to help keep talented employees engaged and committed.”

Here are the top other reasons for workers of quitting their current job: 17 per cent, bored or unchallenged by work; 11 per cent, don’t feel appreciated; 10 per cent, for a company with a higher purpose or stronger mission; nine per cent, the corporate culture is not a fit; seven per cent, bad commute or they want something closer to home; and four per cent, unhappy with boss.

And if you’ve decided to leave your current job, Vasilopoulos said it’s important to do  so on good terms.

When human resources managers were asked the impact of how someone quits and that person’s future career opportunities, 25 per cent said it greatly affects it, 65 per cent said it somewhat affects it and 10 per cent said it doesn’t affect it at all.

Respected business writer Mario Toneguzzi is a veteran Calgary-based journalist who worked for 35 years for the Calgary Herald in various capacities, including 12 years as a senior business writer.

money changing jobsThe views, opinions and positions expressed by columnists and contributors are the author’s alone. They do not inherently or expressly reflect the views, opinions and/or positions of our publication.

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