By DJ Shaw
Source: Plan Sponsor
A third of U.S. workers are considering a job change or retirement in the next 12 to 18 months, signaling the continuation of a tight labor market in 2022, according to a survey released today by Principal Financial Group. The survey results suggest employer benefits and retirement plan options will play a role in workers’ decisions.
According to the survey, 12% of workers are looking to change jobs, 11% plan to retire or leave the workforce, and 11% are on the fence about staying in their job—showing 34% of workers are unsettled in their current role. Employers echoed the findings, with 81% concerned about increased competition for talent.