Payments Awards

One in three seeking change in 2018

Written by Mark Evans
11/12/2017

Millennial IT professionals are the least satisfied with their work and pay, and are more likely to change jobs in 2018.

A new survey exploring the IT job outlook for 2018, including IT professionals’ satisfaction levels at work has found that 32 per cent of IT professionals plan to search for or take an IT job with a new employer in the next 12 months.

When examining the data by generation, the results show 36 per cent of millennial IT professionals plan to search for or take a new job next year compared to 32 percent of Gen X and 23 percent of baby boomers.

In comparison to older generations, the survey shows millennial IT professionals are more likely to leave their current employer to find a better salary, advance their skills, work for a more talented team, and receive better employee perks. Conversely, Gen X IT professionals are more likely to seek a better work-life balance while baby boomers are more likely to leave their employer due to burnout. Whether this represents a ‘normal’ progression as an employee ages, or a distinct issue with the generations is unlikely to ever be researched as technology itself has changed so greatly.

Among IT professionals planning to switch jobs, 75 per cent are seeking a better salary, 70 per cent are looking to advance their skills, and 39 per cent want to work for a company that makes IT more of a priority.

In addition to seeking new jobs, seven per cent of IT professionals plan to start working as a consultant, five per cent plan to leave the IT industry altogether, and two per cent plan to retire in 2018.

The survey was undertaken by Spiceworks, a network of IT professionals headquartered in Austin, Texas, and the respondents were from both North America and Europe. The generational data includes millennials born 1981 to 1997, Generation X born 1965 to 1980, and baby boomers born 1946 to 1964.

In general, the survey shows 70 per cent of IT professionals are satisfied with their current jobs, and a majority (81 per cent) believe that cybersecurity expertise will be essential going forward. At least 75 per cent of IT professionals also said it’s critical to have expertise in networking, infrastructure hardware, end-user devices, and storage and backup.