Monster Survey

New Year,

New career

Results and findings from recent research on the future of work and the evolving jobs market.


January 2024

key highlights

95%

Of workers are looking for or plan to look for a new job in 2024

Think it will be difficult to find a new job in 2024 given the state of the economy, up 2% from last year (66%)

68%

64%

Expect a higher salary due to inflation and increased cost of living, up 18% from 2023 (46%)

Anticipate a lower salary due to company budget cuts, down 3% from last year (11%)

8%

19%

Expect a higher salary due to labor shortages

  • 45% need a higher income, up 5% from 2023 (40%)


  • 30% are unemployed, down 5% from 2023 (35%)


  • 40% say there's no room to grow in their current job, up 6% from 2023 (34%)


  • 27% say they are in a toxic workplace, up 2% from 2023 (25%)


  • 26% are seeking better benefits

WHY ARE WORKERS JOB HUNTING?

Playful Professional Corporate Job Search

worker

red flags

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  • 64% think not being on time for interviews is a red flag


  • 53% think job hopping is a red flag, down 3% from 2023 (56%)


  • 57% believe resume gaps are a red flag, up 3% from 2023 (54%)


  • 42% think lack of timeliness during communications is a red flag


  • Only 22% think living in a different location than their office is a red flag, down 3% from last year (25%)
  • 38% anticipate the overall job market to improve, while 22% expect it to decline


  • 22% don’t expect to have any career advancement, while 18% expect a raise or promotion

WORKER’S 2024 PREDICTIONS

Fortune Teller's Magical Crystal Ball

Methodology

Monster survey conducted among workers, January 2024.

Resources