Seven in 10 tech employees may quit in next year

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October 20, 2021

Tech workers across industries are ready to leave their jobs, according to a survey released by learning management system TalentLMS and hiring platform Workable. The report found that 72% of tech employees in the US are thinking of quitting their jobs in the next 12 months.

The top reasons for considering a job change, other than salary and benefits, are limited career progression (41%), a lack of flexibility in working hours (40%), followed by a toxic work environment (39%). Additionally, a lack of learning and development opportunities (32%) and remote work options (30%) are among the top reasons that drive tech employees away.

The survey also found 91% of tech employees stated that they want more training opportunities from their employers. Machine learning and artificial intelligence were the first choice, cited by 66%, followed by cloud-native development and block chain at 49% and 46% respectively.

Other key findings include:

  • 58% of respondents say they suffer from job burnout. These employees are almost twice more likely to quit their job than those who don’t suffer from burnout.
  • 75% feel that their company focuses more on attracting new employees than investing in the existing ones.
  • Skills development (58%) is the top criterion other than salary and benefits when selecting a company to work for.
  • 62% of respondents say more learning and training opportunities would make them more motivated at work.

“We’re no longer in a crazy time. We’re in new times, which calls for new rules of engagement when attracting talent — especially when recruiters and employers are struggling to fill roles,” said Workable Content Strategy Manager Keith MacKenzie. “The onus is now on employers to really step up their talent attraction game — and loosen the requirements for a role. There’s a huge path to get there: find and hire those top prospects, and develop them when they’re with you.”

The online survey was conducted between Sept. 10 and Sept. 12; it included responses from 1,200 employees in the US who work in tech/IT/software departments and roles.

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