More and more people are changing jobs. One and a half million people changed employers last year. That’s about one in five employees, according to an analysis by charity UWV that De Telegraaf wrote about this morning.
The trend has been going on for 10 years, but since the end of the pandemic, more and more people have transitioned, for example, due to higher wages or other employment conditions.
The staffing gap has increased sharply since the pandemic, with more vacancies than the number of unemployed. “Then the bargaining power of the employee will increase significantly and therefore will look elsewhere,” says Michel van Smoorenburg of UWV in the NOS Radio 1 Journal.
Especially flexible contracts
About 2.8 percent of workers changed jobs in early 2013, according to figures from the Central Office of Statistics analyzed by UWV. It was 5.3 percent in the third quarter of last year.
Especially flexible contract workers change frequently. More than one in ten people changed jobs in the third quarter of 2022. For employees with permanent contracts, this rate was only 2.8 percent.
According to the UWV, this is usually because you start with a fixed-term contract with a new employer. People with a permanent contract therefore give up more when changing.
longer-term perspective
Not only are employees moving to another employer, they are also finding their own company more often than self-employed. “Apparently this has more advantages,” says Van Smoorenburg. He says if the odds are high and the job is high, you can earn a lot as a self-employed person. However, there is more risk.
Van Smoorenburg says the current job market therefore offers opportunities for workers, but all these transitions have a downside. “For many businesses, you also need this long-term perspective. Gaining experience, self-development, getting to know the job properly,” he says. “Then you need long-term relationships.”
Source: NOS
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.