The latest thinking, news and events from the world of Recruitment

Why 98% of Employees are Changing Jobs Every 5 Years

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An increasing number of workers are placing more importance on job satisfaction and happiness rather than money and ‘a job for life’. More of us are leaving jobs due to workplace unhappiness than ever before.

Unhappiness at work is evident in the high levels of stress seen in the UK workforce. Over a third (37%) of all work-related sickness is due to stress[i], so it’s no surprise that employees are looking to change jobs as fast as possible.

An increased importance placed upon technology and communication has ironically left us more isolated than ever. Tracey Crouch, the Minister for Loneliness, has said that social media is partly to blame for the nine million lonely people in the UK. This kind of instant messaging might help productivity, and allow for increased flexibility, but is technology worth the investment when it leaves individuals isolated from one another even when they’re working in the same team?

There are benefits to starting a new job, including learning new skills, boosting your CV and expanding your professional network. But the largest and most immediate benefit is raising your overall happiness levels. Connecting with new people, being part of a team, and making visible career progress can all boost worker satisfaction and make employees more likely to remain in their workplace.

Jai Popat, HR & Recruitment Manager at VHR Global Technical Recruitment said:

‘The average turnover for the recruitment industry is 43%, however VHR’s is significantly lower at 25%, and one in four of all employees have worked at VHR for over five years. Our significant investment into employee engagement, which includes 21 bespoke employee benefits and dedicated training and development programmes across departments, ensures we nurture our talent and keep our employees happy and engaged.’

Lowering staff turnover will help businesses focus on achieving their goals, and make for a more cohesive and capable team.