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Weighing pros and cons of changing jobs? Why now is the perfect time to look for a new job
In the last few months, there’s been a lot of talk of the ‘great resignation’ and a ‘candidate driven market’. But what does this all mean? This article will cover the big fuss over the ‘great resignation’ and whether you should consider new employment opportunities in 2022.
Experts have warned business owners that the “great resignation” could hit New Zealand within the first six months of 2022, with more Kiwis considering quitting their jobs now more than ever. A recent NewsHub survey indicated that more than two in five workers plan to leave their jobs this year. Employment Hero conducted a study showing 40% of employees plan to search for a new position within the next six months, 15% are actively searching, and 48% plan to change careers the following year.
The USA has seen many workers
resign due to the “great resignation” movement in early 2021. According to
Harvard Business Review, resignation rates appear highest among employees
between 30 and 45 years old. So, why have such an increased number of people been
resigning from work to work for other employers? Various factors may be
contributing to the big quit, such as Job dissatisfaction and better career opportunities. The Covid-19 pandemic has encouraged individuals to
change their priorities and seek workplaces that offer better work/life
balance, hybrid work models, flexibility, higher income, business culture and
If you’ve been actively job hunting, you
would’ve noticed the spiking number of job vacancies. Platinum has had the
highest number of jobs advertised this year. Similarly, Seek reported 35,000
new job ads were posted in January 2022, a 42.1% increase from last year.
(Refer to links below the page).
The New Zealand market has been experiencing a
shortage of candidates across all sectors for some time now. As a result of the
Covid-19 pandemic and the borders closing their door to international travel.
Businesses and recruiters across the country are struggling to find candidates
with the right skills to fill vacancies. There are just more jobs out there
than people to fill them!
Reasons why you
should make the significant shift:
A tight labour market means
an increased chance of career opportunities.
Better pay perks
Learning and development
Hybrid work arrangements
Due to the growing demand
for talent, employers are now willing to negotiate employment
opportunities. Even if you do not tick all the boxes for a role but can
demonstrate a willingness to learn, and you will receive multiple job offers.
Make sure you highlight these skills in your CV and cover letter and
during the interview process.
So, can we expect the 'great resignation' to hit New Zealand's shores within the next few months? We already
see these indicators in the market, but candidates are in a good position
compared to the rest of the world. Make the most of the market job seekers!
Research what career opportunities are out there. Begin by updating your CV
Platinum has a great article on crafting the perfect CV and a template for
those who sign up for our newsletters. Make sure you highlight the skills you
have to match the role you are applying for. When crafting your resume and
preparing for an interview, put yourself in the employers' shoes and ask yourself,
"what does that person want to hear."
If you're looking for a career change with some of New Zealand's leading organisations, contact us at firstname.lastname@example.org for a confidential discussion about your future.