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Money Talks for Employees Considering Taking a Walk

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While benefits are important when considering a job, money still holds plenty of weight in decision making.

A study from OfficeTeam revealed that 44% of responding workers said they’d leave their job for one with better pay. Among professionals in the 28 U.S. cities surveyed, those in Des Moines, Cleveland, Philadelphia and Salt Lake City are most attracted by a bigger salary.

In terms of gender, 47% of women would resign if offered more money elsewhere, compared to 40% of men. Whatever the reason for leaving, employees should have a good exit plan when parting ways with a company. In a separate survey of HR managers, 83% said the way people quit affects their future career opportunities.

“Employees want to be compensated fairly and feel challenged and fulfilled in their jobs,” said Brandi Britton, a district president for OfficeTeam. “If higher pay is the primary reason for considering another position, professionals should first see if there is an opportunity to discuss a wage increase in their current role. Employers may be open to negotiation if it means keeping a good worker.”

Some other factors responding employees said they would consider when thinking about leaving a job included:

  • For a company with a higher purpose/stronger mission (12%)
  • Don’t feel appreciated (12%)
  • Bored/unchallenged by work (12%)
  • Bad commute/want something closer to home (7%)
  • Corporate culture is not a fit (7%)
  • Unhappy with boss (6%).

 

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