Compared to 3Q22, work-life balance replaced location as the top factor employees are looking for in a job in 1Q23, followed by compensation . In terms of reasons to switch jobs,held strong this quarter, followed by people management and work-life balance, which made a reappearance back into the top three in 1Q23. Future career opportunity rose two places, demonstrating that employees are not afraid to leave their current role.
“In the current economic environment, it’s risky for employees to jump ship as it’s usually ‘last one in, first one out’,” said McEwan. “However, if they’re struggling financially and are faced with a poor manager, it's possible they will take a chance.”. Workers are seeking great leaders that demonstrate empathetic leadership traits.
“Employees have faced a considerable amount of personal and financial turbulence in the past six months and they’re calling on their leaders to show genuine care, respect and concern,” said McEwan. “Organisations can help alleviate this stress by extending employee programs that support them, such as financial planning services that offer access to financial advice, or the option to stay at home to save on commuting costs.
“Work-life balance remains a driving force when employees are deciding whether to stay in their current role or move on,” said McEwan. “Employers pushing workers into the office should provide a clear rationale and consider funding social gatherings as an unnecessary commute just adds further financial stress to those finding it tough."The Gartner Global Talent Monitor survey is made up of more than 6,000 employees in 40 countries, including 965 in Australia in 1Q23.