Employers face potential exodus of supply chain talent, survey shows

Four in 10 supply chain professionals are looking to move in the near future

Image by Werner Heiber from Pixabay

Employers could be facing a talent exodus according to a new survey conducted by global recruiter DSJ Global. While 50% are confident or very confident in their job security, 41% of global respondents say they are unlikely to stay with their current employer in the next few months. Despite a gloomy outlook on the economy and job market, many want to leave to pursue a higher salary or better career progression opportunities.

Key findings from the survey show that include twoin five respondents feel negative or very negative about the current job market and two in five also feel that while they may want or need a new role, finding a new opportunity would be difficult.  

Irrespective of job satisfaction, only 36% of respondent say they are likely or very likely to stay with their current employer over the next six months. Career progression remains the biggest motivator for making a move, beating compensation or security, as 60% would seek new employment for the chance to progress their career. 

The survey showed that for the right job, the majority of US respondents (69%) would move to another region. The South-East region is the most popular choice for relocation (27%).

"The Job Confidence Index provides some clarity and reveals that talent retention is a critical issue right now," says Luis Rolim, Group Marketing Director at DSJ Global.

"The Covid-19 pandemic is clearing impacting how supply chain professionals are feeling about the job market – mostly bringing an expectation or acceptance that a move is more likely," says Steve Yendell, Chief Operating Officer at DSJ Global. "We are here to help supply chain professionals and employers navigate this challenging and changeable market and make the best employment-related decisions." 

These findings come from the DSJ Global Job Confidence Index 2020 which measures confidence in the supply chain labour market across industries including banking and financial services, aerospace and defence, automotive, FMCG, chemical, and life sciences.

Download the DSJ Global Job Confidence Index 2020 here: https://bit.ly/2BXVtuZ

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