A recent study conducted by Jobs.lu has shed light on job dissatisfaction in Luxembourg, with almost 50% of employees contemplating a change this year.

The labour market might be in for a shake-up in 2024, as indicated by a survey involving 1,150 employees in Luxembourg conducted by Jobs.lu. The findings reveal that "one in two employees say they plan to change employers in the coming months."

According to the job platform's report, 46% of employees are considering changing employers in 2024, contrasting with 31% who anticipate staying put, and 23% who remain undecided.

The survey also delved into the motivations behind respondents' answers. A majority of respondents (57%) cite seeking a better salary as their primary motivation. However, it's not solely about the money; factors such as work-life balance, career prospects, and a perceived lack of opportunities in their current roles also play pivotal roles.

Arthur Meulman, CEO of Jobs.lu, noted, "These results reflect a shift in the dynamic between employees and employers. There's a growing willingness among employees to explore better opportunities elsewhere."

Meulman emphasised that while a higher salary or improved benefits may be driving factors, considerations such as the desire for increased flexibility and the nature of the job should not be overlooked.

Amidst the backdrop of labour shortages, employees feel empowered. Meulman comments, "Discussions about talent shortages, the country's declining attractiveness, and the necessity for employers to search for talent globally may boost employees' confidence in seeking better prospects."

However, he cautions that while the labour shortage is genuine, it's not universal across all sectors. According to Meulman, employees aspiring for job changes should manage their expectations, as mismatched needs between companies and the workforce may lead to potential disillusionment.