96% of workers will be looking for a new job in 2023

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It will soon be the Year of the Rabbit according to the Chinese calendar, but it could just as easily be the year of the new job.

A whopping 96% of workers will be looking for a new job in 2023, mostly in search of better pay, according to a recent job board report Monster.com.

“That’s phenomenally high,” even compared to the numbers at the peak of the “big retirement,” said Vicki Salemi, careers expert at Monster.

Almost half, or 40%, of job seekers said they need a higher income due to inflation and rising spending, Monster found. Others said they have no room to grow in their current roles or find themselves in a toxic workplace.

More from Personal Finance:
Paid bi-weekly? Here are your 2 months with 3 paychecks in 2023
If you want higher pay, your chances might be better now
Workers are still resigning at high rates

The beginning of the year “is always a good time to look”

Important considerations before starting a new job

There are other things to consider before accepting a new position besides salary, Safani said. “You may get paid more, but it’s important to review this opportunity.” Safani advises clients to review how all aspects of the job are performing.

“It’s not always apple for apple,” she said.

Workers can have both – a higher salary and a positive, healthy work environment.

Vicky Salemi

Career Expert at Monster

https://www.cnbc.com/2023/01/13/96percent-of-workers-are-looking-for-a-new-job-in-2023.html 96% of workers will be looking for a new job in 2023

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