Majority of U.S. employees are open to leaving their employers, WTW survey finds

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[{"type":"text","content":"Remote work has left many employees feeling disconnected, worried about impact on careers\nARLINGTON, Va., March 17, 2022 (GLOBE NEWSWIRE) -- With the tight labor market showing no signs of easing, a majority of U.S. employees (53%) are open to leaving their employers. In fact, 44% of employees said they actively looked for a new job during the fourth quarter of 2021 or were planning to seek new employment during the first quarter of 2022. Those are among the key findings from a survey by WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company. According to the survey, one in four workers (25%) said that while they intend to stay with their employers, they feel stuck in their positions and would change jobs if they could. This increases to over half of senior managers (55%) and three in 10 managers (30%). More than half of respondents (56%) cited pay as a top reason they would look for a new job. Two in five (41%) would leave for a 5% increase. In fact, one in five employees (19%) would take a new job for the same pay. Other important factors cited by employees as reasons for accepting a position elsewhere include health benefits (39%), job security (33%) and flexible work arrangements (31%). “The findings suggest that employees continue to job hunt at the same pace as last year and that the labor exodus is not yet over,” said Steve Nyce, senior economist, WTW. “Employers remain under pressure as many workers seek enhanced rewards, more job security and different experiences. In many cases, employers are responding by boosting pay, enhancing health and retirement benefits, and offering more flexibility to not only find workers but also keep the ones they have from looking elsewhere.” Employees divided on remote versus onsite workAs companies rev up plans to bring their workforce back to the office, the survey found that a majority of employees (58%) want to work remotely, either most of the time (36%) or in a hybrid arrangement that splits their time (22%). Only 42% would rather work onsite. According to the survey, the shift to remote work during the pandemic yielded mixed results. For example, 70% of employees said working remotely helped them achieve better work/life balance, and 65% thought their job performance had been evaluated fairly; however, more than half (52%) said working re...

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