And, if you’re an HR leader hoping to keep your team intact through the ongoing economic recovery, these same findings may be cause for just a bit of concern.
The Alexandria, Va.-based organization’s recent poll of 423 human resource professionals examined hiring trends in the HR profession as well as HR professionals’ faith in their own job security and ability to find work elsewhere.
Overall, 88 percent of participants expressed some level of confidence that they could land a new position if necessary. This figure represents a 3 percent increase from December 2014, and a 9 percent jump from January 2014, according to SHRM’s Summer 2015 HR Jobs Pulse Survey Report. Of that 88 percent, 59 percent said they were “somewhat” confident, and 29 percent described themselves as “very” confident in their ability to find another job.
That self-assurance was seen at the higher levels as well, where 89 percent of executive-level, senior-level and mid-career level respondents expressed “some degree of faith that they could find work if necessary.”
While many respondents report being content in their current roles, 28 percent of those surveyed said they are already looking for a new job. Among this group, 24 percent indicated they were voluntarily seeking greener pastures. Another 22 percent said they were either “likely” or “very likely” to start a job search within the next 12 months.
And what has this group eyeing the exits? No surprise here: 37 percent of those who are currently looking or plan to be in the next year cited more compensation as the primary reason. Another 33 percent noted better career advancement opportunities, with 32 percent saying they were in search of better overall organizational culture.
The brimming confidence in the HR job market seems well-placed, at least in terms of opportunities with large employers. Just 1 percent of small companies (99 employees or less) are recruiting for HR positions, but 65 percent of organizations with 25,000 or more workers are now hiring for HR jobs, according to the SHRM report.
On the whole, fewer than three in 10 (27 percent) of respondents said their organizations were currently hiring for HR-related positions.
But, it only stands to reason that that number is higher among large companies, where employers and HR job seekers alike figure to benefit from the rebounding job market, said Jen Schramm, SHRM manager of workforce trends, in a statement.
“Hiring for HR positions depends greatly on the size of the company,” noted Schramm. “Larger companies employ more HR professionals, so it makes sense that they are more likely to report that they are trying to fill HR positions, especially during a jobs recovery. Improvements in the job market are also making HR professionals more confident about seeking out new opportunities for themselves.”Twitter It!