Career and talent resources

MRT Insights

July 27, 2022

The Great… “Expecting More”

Workers want more than pay raises and sign-on bonuses.

According to a Joblist survey, 60 percent of job seekers want to find a job and settle in as soon as possible. Job changes and mass quitting are slowly coming to an end. Inflation has caused the desirable pay raises of switching to a new company to be less enticing, and the feeling of needing consistent and meaningful work has shifted to the top of the priority list. The “Great Resignation” is fading away but is being replaced with individuals wanting more.

The Complexity of Cultural Fit

Employers want to have reliable, skilled, and committed employees. Employees want to have work that is meaningful, balanced, and innovative. Finding an employer or employee that matches the criteria is complex, and a significant reason why the Great Resignation impacted so many individuals. However, calm is on the horizon, and both employees and employers are making changes to find their balance.

While job seekers are on the hunt for their desired role, 23 percent have reported their old employer has invited them to return to their previous job, and more than half shared they would deny the offer. The Great “Wanting More” is here and employees have demanded more than just their pay raises.

How Employers Can Attract and Retain Top Talent

If employers want to attract the top talent on the market, they need to ensure they are offering what the talent is after. Creating meaningful jobs has become one of the top desires of the workforce population, and it is a trend that is not going away anytime soon. Gen Z workers, which will make up 30% of the workforce by 2030, share that having a meaningful job is their number one priority when looking for a new role.

The balance between professional and personal life has been a trend since the start of the pandemic, but now reports say 59% of job seekers are looking for hybrid work models. Work-life balance is non-negotiable for most employees and a hybrid model has become their way of ensuring their mental and physical health stays a priority.

Work WITH a Company, Not FOR a Company

The wishlists of job seekers have not become easier to fill, but employers have a clearer picture of what they desire. The bottom line is- job seekers want more. The bait of raises and bonuses is not working like it did 6 to 12 months ago. Job seekers are looking for a company to work with, not to work for.

If your company needs the support of a recruiting professional, please contact us today. We are in the business of building companies and careers and believe that your recruiting needs are as unique as your business. We have experienced professionals ready to start today!

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