Staffing Trend: Employees Switch Industries For New Career
A new generation of the workforce is coming. Hint: they change their career as much as Gen Y. In a recent survey from Right Management, 42% of job seekers chose to change industries in order to advance their career. It’s not only normal for Gen Y, but is becoming a trend across the whole workforce. Industry-wide sectors like energy, finance, IT, and even automotive are experiencing hiring increases in 2012.
“It’s no surprise that so many people are able to change industries, since many competencies or skills are readily transferable, particularly for people from functions such as IT, finance, marketing and human resources,” said Monika Morrow, senior vice-president of career management at Right Management. “For some organizations in these sectors, they are simultaneously divesting one part of their business while focusing on growing another, so there are also opportunities for redeployment within the same firm to move from one function to another.”
Many employees will change the industry or function of their position in order to advance their career, but it may also because of an increase in professional career transition assistance services: “This involves developing a job search strategy, exploring less obvious sectors or opportunities as well as coaching on how to be positioned for a job that may be a bit of a stretch, and specific skill development to credential or qualify candidates to be able to make a switch. Without such experienced support most people won’t venture far from what they’re familiar with, but flexibility is increasingly the name of the game for a successful job seeker” continues Morrow.
World Wide Specialty Programs has always had a singular purpose – to design, develop and provide recruitment staffing insurance for the staffing industry. Our method is simple: track those changes; listen to emerging needs, and respond. We work with over 2,000 insurance brokers nationwide. We know the staffing industry better than anyone. Contact us today for more information.