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According to research conducted by Glassdoor, more than one-third (35%) of the 750 hiring decision makers surveyed across the US and UK believe that more employees are expected to move jobs in 2018, compared to the previous year.
The top reason anticipating for jumping ship by 45% of respondents was salary issues, followed by career advancement opportunities, benefits, and location.
In response to the biggest concern around pay, Glassdoor data shows fewer than one in 10 online job listings include pay data in the job description. Meanwhile, 37% of hiring decision makers say retention rates would increase significantly if new hires were better informed during the hiring process.
In addition, a separate Glassdoor survey from 2017 shows that nearly all (98%) job seekers and employees say it would be helpful to see pay ranges included in open job listings.
“If candidates were better informed about how their pay and career could progress during the initial job search and recruiting process, they would be less likely to take a job that turns out to be a bad fit,” said Carmel Galvin, chief human resources officer at Glassdoor.
“It shouldn’t be a battle for job seekers to gain insights into salaries, benefits, culture and what their career path might look like in a job.”