Shifts in the automotive industry: One out of every three workers considers job hunts due to growing flexibilities demanded
In a recent survey, productivity was identified as a significant concern for many employers, with dissatisfied employees and negative moods found to have a negative impact on colleagues. The findings also revealed that training opportunities are a top concern for 52% of respondents.
One of the key factors contributing to employee dissatisfaction is the leadership behavior of supervisors. Nearly three in ten respondents (28%) have resigned due to dissatisfaction with their supervisor's leadership. This issue seems to be particularly prevalent, with more than six in ten respondents (62%) expressing a wish for flexible working arrangements such as part-time or flexi-time work, a four-day week, or similar measures.
Money is an important factor, but a good salary alone does not seem to motivate employees. Instead, top concerns among employees include flexible working arrangements, overtime compensation, and training opportunities.
The survey also revealed that the job switching willingness of employees has been steadily increasing and is currently stabilizing at a high level. Slightly more than a third (35%) say their job is 'very secure', which is the lowest value since the survey began in 2015. On average, a quarter of the workforce is found to be looking for a new job.
Interestingly, the job security rankings vary across industries. The highest proportion of job security is in the public sector, with 94% of employees supporting this statement. On the other hand, the automotive industry is at the bottom of the job security rankings, with only 69% of employees rating their job situation as secure. Employees in the automotive sector show above-average interest in job switching (35%).
In contrast, employees in the banking and insurance industry are less likely to look for a new job (11%). The telecommunications and IT sector also has a high proportion of employees willing to switch jobs (33%). In machinery and plant engineering, 32% of employees are willing to explore job opportunities.
The survey also highlighted that the mood in the team and the leadership behavior of superiors are crucial, especially for younger generations. Millennials (aged 18 to 35) have the highest proportion of job switchers at 39%. A strong connection to one's employer doesn't happen overnight and needs to be built.
Company leaders should consider these findings and the fact that a quarter of the workforce is looking for a new job. It's essential to address concerns about flexible working arrangements, overtime compensation, and training opportunities to retain skilled workers and high performers. A strong connection to one's employer is vital to reduce job switching and increase productivity.
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