In the work world, a lot of people are thinking about leaving their jobs. Imagine 66 out of every 100 senior product managers planning to say goodbye to their big salaries! But why is this happening, and which other jobs are in the same boat? Let’s find out by looking at the top 15 jobs people are thinking of quitting, based on data from over 770,000 workers between November 2022 and October 2023.
Top 15 jobs people want to leave:
- Senior Product Manager: 66% want a new job; $144,000 median pay
- Phlebotomist: 62% want a new job; $39,300 median pay
- Line Cook: 62% want a new job; $32,200 median pay
- Patient Care Technician: 61% want a new job; $37,700
- Emergency Room Registered Nurse: 60% want a new job; $79,100 median pay
- Patient Services Representative: 59% want a new job; $39,600 median pay
- Cyber Security Analyst: 59% want a new job; $82,900 median pay
- Welder, Cutter, Solderer, or Brazer: 58% want a new job; $48,400 median pay
- Forklift Operator: 58% want a new job; $39,800 median pay
- IT Program Manager: 58% want a new job; $132,000 median pay
- Critical Care Registered Nurse: 58% want a new job; $80,700 median pay
- Retail Sales Associate: 58% want a new job; $30,700 median pay
- Software Development Engineer: 58% want a new job; $86,800
- Senior Data Analyst: 58% want a new job; $97,100
- Patient Care Coordinator: 58% want a new job; $46,300
Why Are People Leaving? Let’s Dig Deeper
In a world where big pay used to mean job happiness, what’s causing these professionals to think about leaving? Lexi Clarke, Payscale’s Chief People Officer, says it’s a mix of an uncertain economy, going back to the office, and jobs that stress people out.
For senior product managers, recent job cuts in the tech industry are making them worry about job security. When companies let people go, the ones left behind have to do more work, and that can make them really tired.
The health-care field, known for being tough and stressful, is also seeing lots of people leaving. Clarke thinks fixing the problems, like making sure people get paid fairly and having enough staff, could help.
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Workers Want to Know: Show Me the Money
Workers armed with information about how much others get paid (something some states now make companies share) are looking for better-paying jobs. Pay has been going up by 5.4% each year, says Payscale. And when people switch to a new company, they often get even more money.
As we get ready for the new year, we wonder: will people keep quitting, or will it slow down? Clarke says it depends on how well the economy is doing. Companies are planning to give a 3.8% raise on average next year, but there’s still a gap between how much wages are going up and how prices are going up. That gap might not close until the end of 2024.
What’s Next in Work? Navigating Changes
In this changing world where jobs and money mix together, workers find themselves at a crossroads. New opportunities seem exciting, especially when they promise better pay and happiness. But with the world economy going through ups and downs, things can be uncertain.
As we step into a new year, the story of people not being happy with their jobs and wanting something better unfolds. Will leaving for a new job be the right move? Only time will tell if these changes are just for a short time or if they show a big shift in how people feel about work and being happy.
The Bottom Line: Cracking the Code on Quitting
The top 15 jobs people want to leave show a mix of reasons, from the fast-paced tech world to the challenging health-care field. As people try to find jobs that match what they want and make them happy, companies face the challenge of keeping up with what workers want.
We’re not sure if this trend of people leaving their jobs will keep going into the new year. Economic factors, sharing salary information, and the challenge of making sure pay keeps up with prices create a delicate balance that will shape how work looks in the future.
In the search for being happy at work, individuals and companies alike find themselves at a crossroads. The next part of the story, whether people stay or go, adds to the changing tale of how the modern work world unfolds.
Q: Why are senior product managers leaving their jobs in large numbers?
A: Senior product managers are leaving due to concerns about job security stemming from recent tech industry layoffs, increasing workload, and a desire for a more stable work environment.
Q: What is the median pay for a phlebotomist, and why are they considering job changes?
A: The median pay for a phlebotomist is $39,300. Job changes are being considered due to various factors, including dissatisfaction with current roles, seeking better pay, and exploring new opportunities.
Q: How is salary transparency affecting job transitions in the workforce?
A: Salary transparency, now mandated in some states, is empowering workers to seek better-paying jobs elsewhere. It plays a significant role in the decision-making process, encouraging employees to explore options with higher pay.
Q: What impact is the return-to-office mandate having on job satisfaction?
A: The return-to-office mandate is contributing to decreased job satisfaction, as many workers prefer flexible work arrangements. The desire for a better work-life balance is prompting some to consider leaving their current positions.
Q: Are economic uncertainties influencing the decision to quit jobs in 2023?
A: Yes, economic uncertainties, including inflation and a shaky economy, are contributing to the decision to quit jobs. Workers may seek more stable opportunities or better-paying positions amid these uncertain conditions.
Q: How can companies address burnout and turnover in the healthcare sector?
A: Companies in the healthcare sector can address burnout and turnover by ensuring fair pay, maintaining adequate staffing levels, and implementing measures to improve overall workplace well-being.
Q: What role does job dissatisfaction play in the growing trend of employees seeking new opportunities?
A: Job dissatisfaction is a key driver behind the growing trend of employees seeking new opportunities. Workers are looking for roles that align with their values, provide better job satisfaction, and offer improved working conditions.
Q: How does wage growth compare to inflation, and what implications does it have on job retention?
A: Wage growth is currently facing challenges in keeping up with inflation. This gap can contribute to job dissatisfaction and impact job retention, creating a complex dynamic in the employment landscape.
Q: What steps can employers take to retain talent in a competitive job market?
A: Employers can retain talent by offering competitive salaries, flexible work arrangements, addressing workplace stressors, providing professional development opportunities, and creating a positive work environment.
Q: Will the trend of employees quitting jobs continue in the new year, and why?
A: The trend of employees quitting jobs may continue in the new year, depending on economic conditions. Factors such as uncertain economic outlooks, wage gaps, and evolving workplace expectations will influence this ongoing trend.