- Eighty percent of tech worker respondents to a recent survey from Blind are considering looking for another job this spring, according to a March 10 blog post from the company. Better.com and PayPal had the highest percentage of employees eyeing the door, with 95% of respondents at these companies saying they were considering leaving.
- Many financial services companies ranked highly on the list, with at least 85% of respondents at Deloitte, American Express, Goldman Sachs, JPMorgan Chase & Co. and Capital One considering leaving.
- Blind conducted its online survey in early March and collected responses from 6,802 verified professionals.
Blind's survey data suggests employees were doing more than just flirting with the idea of leaving; more than half (57%) said they'd applied for another job in the past month, three-quarters (74%) said they'd talked to a recruiter in the past month and nearly half (49%) said they'd interviewed with another company in the past month.
Blind is a professional networking site that allows users to anonymously review their companies and discuss their work experiences. For that reason, it may seem intuitive that less satisfied workers would be more likely to see and respond to Blind's survey. But that isn't necessarily the case, Rick Chen, director, head of public relations at Blind told HR Dive.
He pointed to another Blind survey released this month, which found 70% of respondents said they used it to feel more connected to happenings at work. "We have thousands of employees at some of our top companies, including many decision-makers in HR, management and senior leadership, who use Blind primarily to gather actionable insights," Chen explained. Other top uses for the site include evaluating a company before accepting a job offer and gathering career advice.
The survey also shed light on why workers are heading for the door. Since the Great Resignation began, there's been a tussle over the primary reason employees are leaving. Some analysts say emboldened workers are primarily seeking more tangible improvements, like better compensation and benefits, while others are pointing to burnout and toxic culture.
Depending on employees' industries and experiences, both seem to be at work — but in tech, respondents to Blind's open-ended survey question regarding one way they could be kept at their current job overwhelmingly indicated better compensation (55%) as the key. The next most common answer, remote work, was suggested by only 8% of participants.
"The responses to the final question … seem to be a reaction to recently announced return-to-office plans and the current competitive talent market," Chen told HR Dive. These findings align with recent employee feedback from another major tech company, Google.
It's possible that many tech employees are testing the waters to leverage better compensation or benefits. "Only 9% said their company could do 'nothing' (the literal write-in response) to keep them in their current roles," Chen said. "We interpret this to indicate the overwhelming majority of our community is salvageable from attrition and reasonably satisfied in their current positions."