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Industry Research : The Job Market: Sticking Or Stuck?

The New Job Security
Job security is a thing of the past, you have to assume all jobs are temporary - % of employees who say this is a reality:

Job security is a thing of the past - % of employees who say this is a reality:

Hold on to What You Have
There are a lot of good job opportunities right now - % of employees who say this is a myth or reality:

In the current economy, people are staying in jobs they hate, just to have a job - % of employees who say this is a myth or reality:

Some Employees Feel Stuck
Always looking for a better job opportunity - % of employees who say this describes them completely; Top 2 box (7-pt. scale)

Always looking for a better job opportunity - % of employees who say this describes them completely; Top 2 box (7-pt. Scale)

Afraid of losing jobs in the future - % of employees who agree/disagree; Top 2/Bottom 2 box (7-pt. scale)

Afraid of losing jobs in the future - % of employees who agree/disagree; Top 2/Bottom 2 box (7-pt. scale)

Employees Still Willing to Share Some of the Burden of the Bottom Line
More than half of employees are willing to:

  • work more hours

  • delay a pay raise

  • change jobs within the company

But fewer will relocate or take a pay cut

Willing to make sacrifices to avoid layoffs - % of employees who say very/somewhat likely:

Employees perceptions about jobs:

  • Increasing view that jobs are temporary (strongest with Baby Boomers and Matures)

  • Declining view of job security and job opportunities

This has resulted in:

  • Employees staying put and holding on regardless of job satisfaction

  • Fewer employees always looking for a job

  • Employees willing to work more hours, delay pay raises or change jobs within company, less likely to take a pay cut or relocate


AboutRandstad:
Randstad North America is a wholly owned subsidiary of Randstad Holding, a provider of professional employment services. Randstad Holding is the fourth largest staffing organization in the world, with 2,267 offices in 13 countries in Europe and North America. Randstad is focused on providing a wide variety of opportunities for talented job candidates while providing strategic employment services to businesses. The company concentrates on placing candidates in five core practice areas: Office Talent, Industrial Talent, Creative Talent, Technical Services and Professional Resources. Employment opportunities include short- and long-term assignments, contract engagements and direct hires. In addition to providing employment opportunities, Randstad also offers eligible external talent benefits including career counseling, skill assessments, skills-enhancement training, health insurance coverage, paid vacation and generous employer contributions to a 401(k) plan.

Today's Tip of the Day - Why Can’t You Take My Call?

Read today's tip or listen to it on podcast.

Published: Friday, June 27, 2003

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