Two-thirds of tech workers would leave over poor work-life balance

Two-thirds of tech workers would leave over poor work-life balance

With vacancies outweighing skilled talent in the UK tech industry, firms are fighting to win the cream of the crop to fill an estimated 600,000 vacancies. Yet if they want to do so, they need to offer employees a role that creates a positive work-life balance, with nearly two-thirds (62%) saying they would quit their job to achieve this. Research from CWJobs of over 1,000 IT workers has also discovered that this is even more important to Gen Z (aged 16-24), where seven in 10 (72%) would leave a company if this was compromised.

At the same time, tech workers want the opportunity to grow as professionals, with over half (52%) willing to leave their jobs over a lack of career progression, while a third (35%) would move elsewhere for more learning and development opportunities. Meanwhile, micromanagement would drive four in 10 workers (39%) out of the door (rising to 50% of IT workers aged 45-54).

While salary and benefits are the biggest drivers for jobseekers when searching for a new role, with over two-thirds (71%) citing this, company culture is key for one in three (36%). Gen Z workers say a new challenge (56%) is more important than higher salary and other benefits (33%), proving interesting work is the key to attracting the next generation of talent. The focus shifts to pay as workers progress, with over two-thirds (67%) of millennials (born between 1981 and 1996) being attracted to salary and benefits.

Dominic Harvey, Director at CWJobs comments: “Striking the right balance between a competitive renumeration package and opportunities for development is one of the biggest challenges facing employers. Clearly, there is no one-size-fits all approach to attracting the best tech talent.”

Research was commissioned by CWJobs and carried out by Censuswide in February 2019. An online survey was completed by over 1,000 IT workers across the UK’s IT and tech sectors.

Wednesday, 1 May 2019

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