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Forty Percent of Workers Plan to Change Jobs in 2004, New Survey Reveals

More than Half of Workers Did Not Receive a Bonus This Year and 40 Percent Did Not Receive a Raise

CHICAGO, December 30, 2003 - Topping the list of New Year's resolutions for four-in-ten workers is finding a new job in 2004, according to a new survey. Workers are motivated by the desire to find a more satisfactory work experience, make more money and advance their careers. The new survey, "Plans for 2004," was conducted from November 18, 2003 to December 4, 2003 of more than 1,900 workers.

Nearly one-in-four workers (24 percent) say they are generally dissatisfied with their jobs. Although this is an improvement over the 29 percent who said they were dissatisfied in a survey completed in December 2002, more workers today are on the prowl for a new job opportunity compared to a year ago. Thirty-five percent of workers said they planned to change jobs in 2003 compared to 40 percent of workers planning to find new positions in 2004.

"One-in-two workers say they feel optimistic about the economy in 2004 and 41 percent expect their job prospects to become more abundant in the coming year," said Matt Ferguson, president and chief operating officer of "Workers plan to capitalize on an improved economy and seek out opportunities that will increase pay scales and propel their careers forward. After enduring layoffs, heavier workloads and postponed raises, workers expect to be compensated fairly and competitively with salary increases, bonuses or promotions."

Sixty percent of surveyed workers did not receive a bonus in 2003 and 40 percent did not receive a salary increase. The vast majority of workers received a salary increase of five percent or less and only 18 percent received an increase of 10 percent or more. Of those who did receive a salary increase, 45 percent indicated that the amount did not meet their expectations. For these workers, 46 percent plan to change jobs next year.

Nearly four-in-ten workers (39 percent) report dissatisfaction with opportunities for career advancement at their current jobs with 82 percent stating they did not receive a promotion in 2003.

"The lack of a promotion figures prominently in how workers feel about their jobs," said Ferguson. "Receiving a promotion enables workers to gain additional experience, obtain public recognition for a job well done and advance their careers. For workers who were overlooked for a promotion in 2003, only 27 percent are satisfied with their jobs and 65 percent plan to find a new position in 2004 rather than wait for a promotion at their current place of employment."

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The Survey
The new survey, "Plans for 2004," was conducted from November 18, 2003 to December 4, 2003 of more than 1,900 employed full-time workers. To collect data for the survey, commissioned SurveySite to use an e-mail methodology whereby individuals who are members of SurveySite Web Panel were randomly selected and approached by e-mail invitation to participate in the online survey. The results of this survey are accurate within +/- 2.23 percent (19 times out of 20).

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