I work with Microsoft Dynamics CRM product and one of the leading recruitment agencies Nigel Frank survey the Microsoft Dynamics job seekers and then crunch the numbers to produce some very interesting results.
There are some interesting statistics in the report and one of them is tenure with their current employer.
The figures show almost 48 percent of workers have only been at their current employer for up to the last 2 years. This shows the view of having a job for life is far from the norm in today's market place with only 11 percent of workers staying somewhere for more than 10 years.
Getting Ready to Move
Another statistic from the report show in the UK 45 percent are planning to move in the next 12 months.
Globally, 35% of respondents planned to leave their current employer in the
next 12 months. However, the UK seems to be a much more mobile market,
with 45.1% of respondents planning to find a new employer in the next 12
Why are people moving so much
The biggest motivators were lack of career and promotional prospects
(22.6% vs 19.9%, UK vs Global) followed by lack of training.
I would also add increased salary would also be prime reason to move jobs because people usually only move jobs for a pay increase.
A company might not be life it might just be for xmas
Why are these statistic important because it highlights the importance of making decisions at work which are important for you long term career, which might not be at that company. It's about taking a long term view.
You are being paid by the company, you are also working for a company of one, e.g. you are your own company. Gone are the days you work at one company for your whole career like your parents, you need to be prepared to be on the move and have adaptable skills.
You need to to remember you might be working for a different company in 1-3 years time so you need to create transferable skills, which are useful to lots of companies.
Make sure LinkedIn profile is up to date and when you finish a project you note down the important aspects while they are fresh in your mind.
If possible the experience you get at work needs to be desirable to other companies, specialized skills which are in demand.
11 percent of people surveyed worked for a company for more than 10 years, so whilst 1 in 10 work for one company for a long time, 5 out 10 people will be moving jobs in the next two years.
It is possible you could work for one company your whole career but statistically this would seem unlikely and you need to take this into account in your career decisions.
Recruitment consultants, Internet and LinkedIn
The internet, job boards, searching for companies has all made finding new jobs easier. It has made it easier for individuals to find companies and contact them directly and it also makes it easier for recruitment consultant to find suitable candidates.
LinkedIn and other similar types of sites I believe has had a dramatic effect on job movement and frequency of people moving jobs. Recruitment consultants not only message people actively looking for jobs but also head hunt people not looking for jobs.
The results are localized and based on the Microsoft Dynamics industry but I think they show an increasing trend in other jobs based in offices.
Most of my friends also work in IT and have all moved jobs over the last 10 years.
The most important consideration is you are working for yourself, take control of your career which may involve working for a number of different companies.