No Raise? No Problem. I'll Just Quit!

No Raise? No Problem. I'll Just Quit!

If you resolved to make more money in 2015, welcome to the club.

As the economy continues to grow, more workers expect to receive increases in pay during the coming year—and many say they’ll look elsewhere if they don’t. A new survey from Glassdoor.com finds that 35% of U.S. workers say they’re prepared to quit their jobs if they don't score a raise this year.

Learnvest

Get started with a free financial assessment.

Just a few years ago, in the midst of widespread layoffs and hiring freezes, employees may have felt grateful to have a job. But today, the hiring outlook has improved and many workers feel optimistic about their career prospects. Nearly half of workers in the Glassdoor survey said they’re confident they could find a new gig that matches their experience and compensation levels.

Meanwhile, concerns about job security have reached a new low: Just 13% of employees polled said they worried about getting laid off in the next six months. And in fact, their self-assurance may be justified: According to data from Challenger, Gray and Christmas, a global outplacement consulting firm, 2014 yielded the lowest number of job layoffs since 1997.

Yet while these numbers suggest that employees can quit biting their nails in anticipation of getting the boot, the truth is that no job is ever completely secure. Even during strong economic times, the U.S. economy usually records about 40,000 layoffs per month.

Perhaps that’s why keeping options open is the standard method of operations for some employees. As many as 30% of workers report that they regularly search for new job opportunities even though they are currently employed, according to a new survey conducted by Harris Poll for CareerBuilder. Among workers ages 18 to 34, nearly a quarter actually expect to have a new job by the end of the year.

Regardless of whether you’re actively hunting for a new gig or just browsing job sites in your spare time, there are easy ways to ramp up your search. Check out these tips from a veteran talent recruiter on standing out from the crowd.

Learnvest

Financial planning made simple.

Get your free financial assessment.

Related Tags

Get the latest in your inbox.

Subscription failed!

You're Now Subscribed!