New LinkedIn data shows that ‘The Great Resignation’ trend is also a drive by workers to recoup potentially missed earnings.
More than six in 10 (63%) Irish workers surveyed are considering changing jobs in 2022, according to new data from LinkedIn.
As a result, using CSO data, that would mean over 1.4m workers are open to a fresh challenge this year.
“Despite the pandemic, there is a renewed confidence among Irish professionals with many focused on career progression in 2022”
This renewed sense of confidence in the labour market stands in contrast to the uncertainty of the previous 21 months, where the economic impact of Covid-19 resulted in a perceived stall in career progression for some Irish professionals.
The study of 1,001 professionals in Ireland highlighted that just over a quarter (26%) of workers surveyed who didn’t change jobs due to a lack of confidence or not wanting to change employers during the pandemic said they believe that they have potentially missed out on additional earnings since March 2020, with the average earnings loss suspected to be over €6,000.
Brace yourselves for a ‘youthquake’
Sharon McCooey, head of LinkedIn Ireland
The renewed confidence in the Irish workforce is most evident in professionals at the start of their career, with the labour market potentially about to experience a ‘youthquake’.
Almost three quarters of workers with careers of up to two years are considering changing jobs in 2022. Similarly, approximately two thirds (65%) of professionals with careers between 1-2 years feel confident enough to push for a promotion or new job opportunities at work.
The LinkedIn study also revealed a range of changing attitudes to company benefits in light of the increased trend of remote working, with access to online training and wellness services, as well as credit for food delivery services such as Deliveroo and JustEat, becoming more attractive than office facilities like gyms or pool tables. The five most desired perks by professionals from prospective new employers are:
- Access to online training (47%)
- Credit for food delivery services like Deliveroo or JustEat (40%)
- Access to online counselling (37%)
- Subscriptions for mental health apps like Calm (36%)
- Access to virtual exercise classes or personal trainers (35%)
“Despite the pandemic, there is a renewed confidence among Irish professionals with many focused on career progression in 2022,” said Sharon McCooey, head of LinkedIn Ireland.
To help job seekers, LinkedIn is hosting a Jobs Bootcamp, a programme of content and live events on LinkedIn that will offer practical career advice and job seeking tips from experts. As part of the Jobs Bootcamp initiative, LinkedIn is also unlocking a range of LinkedIn Learning courses to help job seekers build key skills to find their next career opportunity.
“With the world of work so rapidly evolving, we’re launching a Jobs Bootcamp to arm people with the tools they need to help them stand out from the crowd and find their next opportunity in 2022.
“These LinkedIn Live sessions will help job seekers understand how the jobs market is changing with advice from leading industry experts on how to map out your career, grow your network, overcome setbacks and more.”
- The Jobs Bootcamp Linkedin Live Sessions will be available on the platform from 18th to 21st January 2022 and include: “Finding a job that fits your values and ambition” with LinkedIn News. Date: 19.01.22 Time: 12:00pm GMT; “Hacks for Jobseekers in 2022” with Andrew MacAskill, Career Coach and Job Search Expert. Date: 20.01.22 Time: 12:15pm GMT; And “Practical ways to pivot your career” with Helen Tupper, Career Coach & Author of The Squiggly Career. Date: 21.01.22 Time: 13:00pm GMT.
- Free LinkedIn Learning courses to help professionals land jobs – LinkedIn is unlocking a range of LinkedIn Learning courses globally to help job seekers gain skills to find their next opportunity. These include courses like: Creating Great First Impressions, Video Interview Tips, Finding a Remote Job and Finding a Job at Companies That Embrace Diversity and Inclusion, to name a few. These courses are available for free until 1 February 2022.
- Global Talent Trends report – LinkedIn’s 10th annual talent trends report highlights how companies can stand out and attract top talent in this competitive market by creating greater workplace flexibility, supporting employee wellbeing, and showcasing culture through strong employer branding.