The domestic market demonstrates high mobility labor market With Greek employersafter the lack of suitable talent, to acquire another reason that gives them a “headache”, retaining those they have already hired.

The latter is indicative Randstad studyaccording to which 15% of employees in Greece changed employers in the last six months, slightly higher than in 2022 (13%), while 23% of employees who took part in the survey expressed a desire to do so during 2023.

In fact, this percentage rises to 27% among workers aged 18-34, with the study reflecting a different approach to work among younger generations of workers. this is a big portion employees who also ended up in Greece, rethink their priorities, do not hesitate to leave a job if it no longer meets their needs and values, they no longer want to work just for a salary that is usually well below the living wage. and they don’t want to live just to work.

According to experts, it was the Greeks who were born after the 80s, that is, they belong to the generations Millennials And Generation Z– who do not hesitate to change their work environment, striving for a new, better job, unlike their parents, who were “married” to their work. Many workers move into industries with higher financial pay or, in many cases, into a work environment that is in line with their personal values.

According to a Randstad study, 64% of Greek workers would consider leaving their employer due to low wages, significantly higher than in other European countries. Of course, in the younger age group (18-24 years old), in addition to wages, other criteria are added, on the basis of which someone will change employers, while for 53% wages remain the main factor.

Those born after the 80s don’t “marry” their jobs, as their parents usually did.

In general, the Greek labor market now looks a little more volatile than in 2022, when the tectonic changes in the labor market began.

As usual, young people under 34 most often change employers (21%) or have the intention to change (27%). Gender or educational level does not appear to play a role in the transition decision. But fear plays an important role. It is significant that 16% of workers are afraid of losing their jobs, which is slightly lower than in 2022 (19%). This fear is much higher in Macedonia and Thrace (20%) than in Attica (14%). About three in ten (31%) of those who are afraid say they intend to change employers, the same percentage as last year. But the main reason anyone thinks about leaving a job is the benefits and the pay package.

Two out of three Greek workers (64%) will consider leaving their employer due to low salary them in the face of rising cost of living. This is the highest percentage compared to other countries, and this intention applies to all groups, except for the youngest (18-24 years old), who think so a little less (53%). Other factors that also come into play besides getting an offer they can’t refuse (which rarely happens in real life) are the fear of losing their job, improved work-life balance, reduced commute time, lack of interest in their work or career opportunities. These factors are recorded by all workers, of all ages, with a noticeable difference, however, in the priority of improving the balance between professional and personal life, which remains important for only 22% of workers over 54 years old.

equal opportunity

The study also shows that employers in Greece are not meeting the need for professional development. Only half of the employees who want to grow actually have the opportunity to do so. If employers want to keep their employees, Randstad said, they should provide equal opportunities for both retraining and advanced training, as they are highly valued.

They are looking for a good atmosphere, perks and opportunities for professional development

Papastratos, ION and Aegean Airlines are among the top three most desirable employers for 2023, according to Randstad’s annual (global) employer brand survey.

3,547 people participated in Greece, including Greek students, workers and unemployed, aged 18 to 65, and interviews were conducted online in January 2023.

Papastratos has been named Greece’s Most Attractive Employer for 2023 for the third year in a row. Rounding out the top three are ION, which retained their previous position for the second year in a row, and Aegean Airlines, which recorded significant growth, which brings it to third place in the relative ranking.

The pharmaceutical sector is considered the most attractive, followed by the energy and fuel sector.

Also on the list of the most attractive employers Intralot, ELPEN, which has risen four places compared to the previous year, Sklavenitis, Lampsa Hotels, Bank of Greece and Papadopoulou, which are also in the top ten employers in 2023, as well as Costa Navarino, which included in the list for the first time.

At the industry level, the pharmaceutical sector is considered the most attractive in Greece this year, where 58% of employees declared their readiness to work in market companies, and in second place are energy and fuel (55%). The strongest companies with the best performance in specific sectors are ELPEN, Vianex (consistently on the list of the most attractive employers in recent years) and DEMO, while in the energy and fuel sector DEDDIE is in first place, followed by Hellenic Petroleum and ADMIE.

According to Randstad, companies today face competition from many different industries in terms of attracting and selecting human resources, which means that a company must be attractive in many different ways, not just in terms of financial strength and a strong employer reputation. Financial advantages, pleasant working environment and development opportunities are the most important criteria when choosing an employer.