According to a new survey from Fidelity Investments, about four out of 10 U.S. workers are seeking to make a career shift in the new year.
This indicates that the threat of the Great Resignation is still immediate, especially among younger professionals.
“Aside from money, the reasons for seeking a change were all values based, with stress levels, flexibility and ‘finding a job that better aligns with my personal values’ cited as top reasons,” said Stacey Watson, senior vice president of life event planning at Fidelity. “We also learned that women are more likely to identify scheduling or remote work flexibility as an important reason for looking for another job.”
Despite money being one of the factors that are driving professionals to seek new employment, Fidelity’s research showed that 72% of respondents said they were confident in their financial situation in the new year, which is the same percentage as the year prior.
However, Fidelity points that this optimism was “cautious,” particularly as concerns over inflation have increased. In fact, the survey showed that 43% of respondents cited inflation as their biggest financial concern for 2022.