Have you ever experienced job acceptance regret? This sentiment is growing among professionals…
Our first news finding relates to Gen Z job-seekers (those with birth dates ranging ‘from the mid-1990s to the early 2000s’). However, you’ll see that the problem is far from exclusive to this age group.
New findings reveal that…
- 40% of Gen Z candidates have experienced job acceptance regret – and would not ‘repeat their decision’ if offered another opportunity.
- Alongside this, 51% cannot foresee an extensive career with their employer.
- 1/3 of candidates actually plan to resign from their role within a year.
So what’s causing this regret?
The article doesn’t cite why the respondents have experienced regret. Yet it does call on employers to improve their understanding of this age group. Within this, a number of core employee priorities are discussed:
- Development opportunities: allowing employees to continually update their skills and feel ‘relevant’ to the changing business landscape.
- Flexible working opportunities and a healthy work-life balance.
- Meaningful connections with their managers and teams.
What about other groups & your expectations?
As mentioned, it’s not only Gen Z job-seekers that have felt some level of job acceptance regret. Another study suggests that the failure of a job to meet expectations could be contributing to this issue. 48% of employees of all ages have left a position as a result of this. The disparity between expectations and reality was largely attributed to:
- Differing job responsibilities (59%)
- The ‘working environment’ (42%)
- Working hours/shift patterns (35%)
- And salary or benefits packages (29%)
Advice for candidates & employers:
It’s great that we have access to this sort of data as it helps us make better decisions, whether we’re looking for jobs or to create our teams.
- There’s always going to be the chance that a job differs from your expectations. Yet it’s helpful if you identify some of your hopes and priorities early in your job search.
- Let your Recruitment Consultant know what matters most to you. Not only the jobs you’re looking for, yet the environments you work well, in and the salary package that you hope to achieve. Be honest with yourself. For example, don’t fool yourself into thinking you’d be happy to work alone in an office if you truly thrive off of a team setting.
- Use your interviews as the opportunity to find out more about a typical day in the role and to get a sense of the business culture.
- Try not to feel pressured into accepting a position if it’s ringing alarm bells. Consider all options: remaining in your existing role until something more suitable arises (if applicable/possible), considering temporary or contract work, and continuing your job search.
- There are two primary aspects to consider here: improved staff attraction and employee retention. They happen to be intrinsically linked.
- You can have the ‘best’ staff attraction approach yet if the reality doesn’t meet expectation, you’ll experience high turnover rates. It’s about tapping into more of what employees value to both attract and keep your team.
- Furthermore, the more honestly you can depict the role, the more likely you are to attract the right person to fill it. It’s better to have fewer highly suitable applicants than to feel forced into extending a job offer to someone who won’t be the best fit.
- You can also use interviews to go beyond a candidate’s skills and into their values and attributes.
- Work closely with your Recruitment Consultant to attract the right people for your roles. Call the office for further support on 01225 313130.