Throughout the course of 2023 in my opinion there has been a clear picture as to why people are moving roles, I have detailed below those 3 key reasons as well a little bit more information about what the market average is in respect of those 3 points.
Progression and development opportunities
This has always been and will continue to be high up the list of driving factors for a move. This year in particular the disconnect between the progression available on paper and in reality has seemingly increased. Progression can look different for everyone, whether that be a higher salary, management responsibility, or developing new skills, the list can go on. I’ve found having clarity on this from the outset when looking for new roles is paramount to avoid disappointment further down the line.
As firms continue to struggle to attract top talent being able to identify what value you can add and what you are expecting in return in terms of career progression ensures that both parties are on the same page.
Salary, benefits (holiday, pension, gyms, healthcare schemes etc)
Another key factor and an area with vast variances in the local market. As firms have struggled to recruit we have seen many firms really look at their benefits/salary packages to improve them and be more competitive however there does remain a huge variance in these areas.
Birthdays off, charity days, mental health days, gym discounts, and healthcare schemes are all commonplace now for the majority of firms. With work-life balance playing a crucial role in the longevity and overall happiness of staff members, firms have recognised this and generally speaking, improved the benefits packages across the legal sector.
Following the introduction of home working during Covid this aspect has remained a key driving factor in whether one makes a move or not. Throughout the course of this year, firms have had to assess how they want to work moving forward. This has seen some firms revert to being fully office-based with others continuing to work in a hybrid manner. This year we have seen quite a bit of dissatisfaction or lack of clarity around the hybrid subject which has caused unrest.
When looking for a new role it can be a time-consuming aspect trying to decipher where your current salary/benefits/flexible working offering sits in line with the local market. With such a variance out there ascertaining this information can be difficult. If you would like a fully confidential conversation about what opportunities are out there and if you could improve on your current offering please feel free to give me a call or email at any time.
If you would like a confidential chat about taking the next step in your career, please contact [email protected]