New research from a leading recruiter has found that 43% of UK workers fear they have missed out on great career opportunities because they have been too hesitant about leaving their job.
A poll of 5,000 UK workers, carried out by recruiter Michael Page, revealed that 64% of those who have regretted a move in the past are now more uncertain about seeking new opportunities. The top reasons cited for their regret include ineffective or unsupportive leadership (34%), increased stress compared to their previous role (29%), employers not delivering on promises made during the hiring process (27%), and a misalignment of company culture and values (24%).
The study revealed complex hiring processes are putting potential candidates off the job hunt and contributing to stagnation in the market. Facing more than two rounds of interviews (38%) was revealed to be the most common obstacle. Having to prepare a presentation (31%) and the time it takes to complete the application submission (25%) rounded off the most off-putting elements of the interview process.
Doug Rode, Managing Director UK&I at recruiter Michael Page, part of FTSE 250 PageGroup, which commissioned the research, said: “It’s concerning to see millions of British workers are experiencing regret over missed career opportunities. However, this presents a real opportunity for businesses to address the concerns holding people back from switching jobs. An essential first step is to hone the employee value proposition. When the business is ready to make its next hire, staying true to your company values and articulating what sets your organisation apart will help you attract not just the best talent, but the right talent for you.”