Brits struggling profession ‘FOMO’ as they’re too nervous to go away jobs
Almost half of UK workers fear they’ve missed out on brilliant opportunities due to their unwillingness to leave their current job.
A poll of 5,000 full and part-time adults showed that 64% who have regretted a job move in the past are now more cautious about seeking new opportunities.
The main reasons for this caution include sacrificing work/life balance (29%), losing current levels of flexibility (26%) and learning new processes elsewhere (18%).
Despite these worries, nearly a quarter (23%) are considering re-entering the job market, with 11% already actively searching for new employment.
Signalling a potential shift in the market, 73% of jobseekers plan to look for a new role within a year, while 12% are waiting for the economic landscape to improve.
Doug Rode, managing director UK&I at recruiter Michael Page, part of FTSE 250 PageGroup, which commissioned the research, voiced concern: “It’s concerning to see that millions of British workers are experiencing regret over missed career opportunities.”
He added: “Nervousness around changing jobs is understandable, but don’t let it hold you back from career growth, higher salaries, and more fulfilling job experiences.”
Urging action, he said: “For those who are considering a move, but not yet taking the steps to do so, I would urge action sooner rather than later. Economic predictability and a demand for new skills are driving a renewed sense of optimism.”
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“There’s pent-up demand in the marketplace due to organisations not backfilling positions in the past year, which could result in a wider selection of opportunities coming to market in the not-too-distant future.”
“Candidates that put in the groundwork today will reap the rewards and avoid missed opportunities.”
The study showed that two-fifths feel hemmed in by limited promotion or pay rise options, and 27% crave more stimulating tasks.
One in four workers lament the lack of chances to build new skills in their present positions, but when it comes to moving jobs, complicated hiring processes are a turn-off.
The dreaded multiple interview rounds (38%) and making presentations (38%) leave many candidates cold.
The research, conducted via OnePoll, highlighted that 31% are less than keen on face-to-face interviews, while over half would appreciate clearer information on salary and benefits upfront in job ads.
When searching for a new gig, workers are zeroing in on competitive salaries (50%), flexi hours (41%), and a cosy commute (37%).
Job perks such as holiday allowance (51%), pension plans (46%) and training opportunities (29%) are high on the priority lists of candidates when making job applications.
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Rode added: “While the demand for talent remains high, companies must look for every advantage in attracting the best talent out there.”
“The importance of first impressions is no secret, with candidates swayed by everything from the clarity of a job advert to the setting of a first interview.”
He went on to say: “Employers must remain alert to shifting worker priorities, communicating beyond the day-to-day role, and outlining the company culture, benefits, and opportunities for growth.”
He concluded: “The job application process has evolved, and there are now just as many candidates interviewing potential employers as vice versa”
“For businesses seeking new talent, staying true to your company values and articulating what sets your company apart will help you attract not just the best talent, but the right talent for you.”
