Korn Ferry Survey: Making a Difference, Finding the Right Organizational Culture Top List of Professionals’ New Year’s Wo...
December 27 2019 - 8:00AM
Business Wire
-- Boredom and Needing a New Challenge One of
the Top Reasons to Job Hunt --
A new Korn Ferry (NYSE: KFY) survey reveals one resolution that
tops the New Year’s wish list for professionals – and it’s more
desired than a promotion, more pay and better work-life balance
combined.
Nearly half of the respondents (41 percent) say creating an
impact/making a difference is their leading work resolution for
2020. This resolution far exceeds a raise (8 percent), promotion (5
percent), a better work-life balance (8 percent) and even getting a
new job (31 percent).
But achieving that resolution may be difficult. Creating an
impact/making a difference ties with getting a promotion (24
percent) as the hardest New Year’s resolutions to attain.
The top reason professionals would look for a new job in 2020,
according to the survey, is that their employers’ culture doesn’t
fit with their values (38 percent), followed by being bored and
needing a new challenge (23 percent).
When asked which New Year’s work resolution would most improve
their opportunity to advance at their current employer, the largest
percentage (28 percent) say getting assigned to more challenging,
high-profile projects, followed by gaining more professional
development opportunities (22 percent).
“A lot is being written about change-weary professionals
constantly navigating through bewildering complexity. This survey
clearly shows that many professionals are not only up for a
challenge, but value it as a way to demonstrate they are making a
difference in the world,” said Dennis Baltzley, Korn Ferry Global
Solution Leader, Leadership Development. “In fact, above pay and
promotion, you see professionals exhibiting a growth mindset,
seeking to learn and grow.”
The good news: 93 percent of professionals say they would be
able to keep a New Year’s work resolution if they made one.
About the survey
The Korn Ferry survey of professionals took place in December
2019 and garnered 645 responses. (note: due to rounding, responses
may not equal 100 percent).
Survey Responses:
What would you put on the top of your
New Year’s work resolution wish list?
Get a raise
8 percent
Get a promotion
5 percent
Get a new job
31 percent
Better work-life balance
8 percent
Create a greater impact/make a
difference
41 percent
Learn more
7 percent
What would be the hardest New Year’s
resolution to achieve?
Get a raise
19 percent
Get a promotion
24 percent
Better work-life balance
20 percent
Get along better with my
boss/co-workers
7 percent
Create a greater impact/make a
difference
24 percent
Learn more
6 percent
If you plan to look for a new job in
2020, what is the top reason?
I’m bored, need a new challenge
23 percent
Culture doesn’t fit with my values
38 percent
I have either lost my job or expect to
lose my job
13 percent
Higher salary
17 percent
Bigger title
5 percent
My boss
4 percent
Which New Year’s work resolution would
most improve your opportunity to advance at your current
employer?
More professional development
opportunities
22 percent
Get a work mentor
7 percent
Get a career coach
7 percent
Secure an opportunity in another area of
my company
15 percent
Get assigned to more challenging,
high-profile projects
28 percent
Get a different boss
19 percent
Take an oversees assignment
1 percent
Are you planning on asking for a raise
in 2020?
Yes
57 percent
No
43 percent
If you are not planning on asking for a
raise in 2020, what is the top reason?
I’m afraid I’ll get turned
down/awkward
11 percent
I don’t know how
7 percent
I don’t think I deserve it
5 percent
I just got one
27 percent
My company rarely gives raises
45 percent
More money will require more work from
me
5 percent
If you made a work-related New Year’s
resolution, would you be able to keep it?
Yes
93 percent
No
7 percent
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We work
with clients to design their organizational structures, roles and
responsibilities. We help them hire the right people and advise
them on how to reward, develop and motivate their workforce. And,
we help professionals navigate and advance their careers.
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Tracy Kurschner 612.309.3957 Tracy.Kurschner@Kornferry.com
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