Throughout the so-called “Great Resignation,” technologists have expressed their interest in searching for new, better jobs. But are they actually taking concrete steps to land a new position, such as applying and interviewing?
According to new data from Blind, which surveys anonymous technologists on a range of issues, the answer to that question is “yes.” Nearly three-quarters (74 percent) of those surveyed had communicated with a recruiter in the past month, while 57 percent had applied for a job. Another 49 percent had interviewed for a position.
When the data is broken out by company, it’s clear that managers and executives have a potential problem on their hands when it comes to retention. Companies such as Amazon and Apple might offer sizable compensation and a great brand, but significant percentages of their technologists are still applying for other jobs and taking interviews. Check out the chart:
Technologists know their skills are in demand—the tech unemployment rate currently stands at 2 percent, which is historically low. Even if they’re not really interested in jumping to a new job, it’s still tempting to take recruiters’ calls and even interview, just to see what another company is potentially willing to offer.
But it’s not just curiosity: Many technologists want a new position, and they see now as the perfect time to obtain it. A survey conducted last summer by Harris Poll on behalf of Personal Capital found that 78 percent of Millennials were interested in switching jobs, along with 91 percent of Gen Zers, well ahead of the 66 percent of Americans overall. At around the same time, an analysis by the Harvard Business Review found that resignation rates were highest among employees between the ages of 30 and 45.
If you’re interested in elevating your career, the “Great Resignation” offers considerable opportunities. You can use the current demand for technologists to negotiate for better salary or benefits, change specialties, or convince an employer to pay for your training. Many technologists see the current situation as the perfect opportunity to advance.
Dice Tech Job Report: First Half 2022