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36% of Kiwis plan on changing jobs this financial year – here’s why


Updated: 26 Jun 2018

Thirty-six per cent of skilled professionals plan to look for a new job in the next 12 months, with an uncompetitive salary the main motivating factor for more than half (55 per cent), says recruiting experts Hays.

According to the 2018-19 Hays Salary Guide, just one-third (33 per cent) rule out looking for a new job in the coming 12 months. The final 31 per cent were unsure.

Of those planning to look elsewhere, 48 per cent cite a lack of promotional opportunities as a factor. Other motives are poor training and development (29 per cent), a lack of new challenges (28 per cent), poor work-life balance (18 per cent) and a poor benefits package (also 18 per cent).

Just 45 per cent are extremely or very satisfied in their current job. 47 per cent and 58 per cent are extremely or very satisfied with their current employer and current direct manager respectively.

Meanwhile, voluntary staff turnover increased in 33 per cent of organisations in New Zealand over the last 12 months.

“Salary and benefits remain a key driver for job hunters, with career progression becoming more important to them,” says Jason Walker, Managing Director of Hays in New Zealand.

“As our survey shows, employees are increasingly willing to consider career advancement elsewhere if they do not believe it can be achieved with their existing employer.

“Three of the top four factors spurring people to look for a new job focus on career development. This suggests employers could be doing more to develop their existing talent. One way to do this is to upskill existing staff, which not only meets their developmental and promotional needs but helps an organisation cultivate its future talent needs,” he said.

The annual Hays Salary Guide is based on a survey of more than 486 organisations in New Zealand representing over 181,000 employees. It is now in its 40th year.

Get your copy of the 2018-19 Hays Salary Guide by visiting www.hays.net.nz/salary-guide or contacting your local Hays office.

About Hays

Hays, the world’s leading recruiting experts in qualified, professional and skilled people.

For further information please contact Adam Shapley, Managing Director of Hays in New Zealand, on adam.shapley@hays.net.nz or +64 (0) 9 375 9424.

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