Why Do People Change Jobs?

Alongside the survey results about salary, Be-IT, a large IT company in the U.K., also tapped into its large database to examine career trends — where people move, when they hop jobs and how often and why. With so many shifting trends in modern employment, this data can provide a slice of insight for how the future of the workforce will look.

Making Moves

When compared with 2016, it looks like more people have made career changes. People moving jobs once or more than once increased from 38 percent in 2016 to 48 percent in 2017. Be-IT predicts that there will be further growth in the number moving jobs in 2018.

If Not, They Will

Nearly half of people surveyed (47 percent) said they intended to move jobs in the first half of 2017 (see next chart). This year’s survey shows (see previous chart above) that in 2017 some 48 percent actually moved once or more than once and the correlation between these two numbers perhaps suggests that the confidence people had at the tail end of 2016 carried through into 2017. As last year’s report noted, the aftermath of the Brexit vote in 2016 caused a slowdown in the recruitment market in the second half of that year, but after that brief hiatus the market picked up and since then, particularly in the later part of 2017, it’s going strong.

However, although demand in the IT recruitment market shows no sign of abating, the supply of candidates is continuing to tighten. As you see in this chart, a lot of people plan to change jobs. But, also worth noting is most would only leave for a truly enticing offer.

When They Go, Why?

It seems people are less likely to leave a job unless an offer they can’t refuse is presented. Lateral changes are shrinking.

Individuals moving for a promotion increased from 23 percent in 2016 to 31 percent in 2017. Those who were promoted internally also increased, from 10 percent in 2016 to 21 percent in 2017. Be-IT attributes this change to the severe shortages of talent in IT, which has resulted in companies’ counter-offering to retain staff, especially at more junior levels.