Cost of living pressures and debt have overtaken the pandemic as the biggest concern for professionals, which could drive workers to chase better pay and jobs.
LinkedIn ANZ managing director Matt Tindale.“It doesn’t surprise me that [workforce confidence] is decoupling from the pandemic,” said LinkedIn Australia managing director Matt Tindale.“If you see inflation continue to rise and potential interest rate rises may happen, it will absolutely have an impact on workplace confidence and could even have a flow-on effect for people leaving or staying in their roles.
Confidence was highest among professionals working in IT, finance and corporate services, with current opportunities forProfessionals are also chasing change on the back of a hot labour market, with the LinkedIn research revealing switching jobs or roles was becoming more common. Ms Evans, who worked closely with a recruiter when changing careers, said she had not looked back since making the leap into fintech.
For job seekers, there has never been a better time to consider change. LinkedIn data for the December quarter shows hiring rates were up 14 per cent year-on-year.