Career Priorities Are Shifting: From Challenge to Security

Posted-on October 2024 By Amy Bates

This year, we’ve seen a significant shift in what drives people to consider a career move.  Where most years “challenge” has been the leading motivator, job security has now become the top priority for many professionals.

Why the Change?

People are seeking stability and a sense of long-term security more than ever now.  The economy feels like it’s constantly shifting, with inflation, layoffs, and market changes making headlines.  The pandemic’s lasting consequences continue to impact our job and lifestyle, leading many to question the true level of security.  In the tech industry especially, rapid advancements and sudden changes can bring exciting growth but also major uncertainties, like restructuring and evolving job roles.

With all of this, employees want to know that their organisation is strong enough to endure challenging times and change as needed. They also want to know that their position is valued and secure. Beyond a pay cheque, they seek a sense of belonging and trust in their company’s future.

What Should Companies Do? 

For businesses, this shift calls for a proactive approach in their talent strategy. Here’s how companies can address these changing priorities:

Emphasise Stability: Clearly communicate financial health, growth plans, and business stability to build confidence.

Support Career Growth: Security does not have to entail standstill; instead, create organised ways for progress inside the organisation.

Create a Culture of Transparency: Open, honest communication around the company’s direction and performance can significantly enhance trust.

Focus on Employee Well-being: Prioritising mental health and offering resources for financial planning or job security assurance goes a long way.

Companies who align with these shifting goals can not only keep their top employees, but also attract new candidates who are now searching for both a secure and enjoyable workplace.