Employers Face Potential Exodus of Supply Chain Talent According to DSJ Global Survey

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DSJ Global

18 Aug, 2020, 07:00 GMT

41% say they are unlikely to stay with their employer

LONDON, Aug. 18, 2020 /PRNewswire/ -- Employers could be facing a talent exodus according to a new survey by global recruiter DSJ Global. While 50% are confident or very confident in their job security, 41% of global respondents say they are unlikely to stay with their current employer in the next few months. Despite a gloomy outlook on the economy and job market, many want to leave to pursue a higher salary or better career progression opportunities.

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Employers Face Potential Exodus of Supply Chain Talent. In this complex social and economic climate, it can be hard to understand how current and prospective employees are feeling and thinking. We gaged the sentiments and aspirations of the end-to-end supply chain and procurement workforce in some of the world’s major economies and share that vital information with you.

These findings come from the DSJ Global Job Confidence Index 2020 which measures confidence in the supply chain labor market across industries including banking and financial services, aerospace and defense, automotive, FMCG, chemical, and life sciences. The index reports on professionals' confidence in the economy, holding or getting a job, their compensation and bonus, and whether the normal push-and-pull factors in employment have changed. 

"In this climate, it can be difficult to grasp what current and potential employees are thinking and feeling. The Job Confidence Index provides some clarity and reveals that talent retention is a critical issue right now," says Luis Rolim, Group Marketing Director at DSJ Global.

Key findings include:

  • Job market blues: 2 in 5 respondents feel negative or very negative about the current job market.
  • Back up plans: 2 in 5 also feel that while they may want or need a new role, finding a new opportunity would be difficult.  
  • Out the door: Irrespective of job satisfaction, only 36% say they are likely or very likely to stay with their current employer over the next six months.
  • Climbing the ladder: Career progression remains the biggest motivator for making a move, beating compensation or security.  60% would seek new employment for the chance to progress their career. 
  • Packing up: For the right job, the majority of US respondents (69%) would move to another region. The South-East region is the most popular choice for relocation (27%).

"The Covid-19 pandemic is clearing impacting how supply chain professionals are feeling about the job market – mostly bringing an expectation or acceptance that a move is more likely," says Steve Yendell, Chief Operating Officer at DSJ Global. "We are here to help supply chain professionals and employers navigate this challenging and changeable market and make the best employment-related decisions." 

Methodology:  The DSJ Global Job Confidence Index surveyed over 650 experienced supply chain professionals via an online survey and consultant follow up. The survey ran in Asia Pacific between February and March and in Europe, the Middle East, and the United States between March and May 2020.

Download the DSJ Global Job Confidence Index 2020 here: https://bit.ly/2BXVtuZ

About DSJ Global: DSJ Global provides permanent, contract and multi-hire recruitment services for the end-to-end supply chain industry, across functions including supply chain management, procurement, operational excellence, technical operations, logistics, systems engineering, transportation and network design and planning.

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