These lists seem to come out on a regular basis with different results. Yet, I’m a sucker for a list so I read them. The one consistent piece of information I read is that compensation is often overrated. People may say they changed jobs for a better compensation package, but usually it is some other factor driving them out of their current job. I’m not sure that holds up well in sales.
The top reasons people have changed jobs:
Downsizing or restructuring (54 percent); Sought new challenges or opportunities (30 percent); Ineffective leadership (25 percent); Poor relationship with manager (22 percent); To improve work/life balance (21 percent); Contributions to the company were not valued (21 percent); Better compensation and benefits (18 percent).
In the online survey, respondents checked all circumstances that were among the reasons they left previous jobs. The percentages add up to more than 100 because people have been in more than one of these circumstances during their careers.