More Workers Start to Quit

Wednesday May 26th 2010 by Staff

57 percent of tech workers looking for work say nothing could persuade them to stay at their current jobs.

Wall Street Journal: In a sign that the job market is definitely picking back up, the latest figures from the Bureau of Labor Statistics show that more workers are quitting than are being fired or laid off for the first time since November 2008. In addition, a poll by human resources consultant Right Management found at the end of 2009 that 60 percent of workers intended to leave their jobs as soon as the economy got better.

Analysts say the prolonged economic downturn has created a backlog of people who otherwise would have quit their jobs earlier. Also, downsizing and cost-cutting have impacted employee morale. "Employees feel disengaged with their jobs, which is going to lead to a lot of churn as we come out of the recession," says Robert Half International's Brett Good.

IT pros looking for work at online job board also seem to be heading for greener pastures. 59 percent of those surveyed said nothing could persuade them to stay at their current jobs. Among those who would be open to staying, 42 percent wanted more pay and 11 percent wanted a promotion.

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