Quarter Of Women Considering Career Change As They Feel Undervalued & Underpaid

Worried woman working at home

A quarter of Australian women have considered a career change in the last three months, compared to less than a fifth of men.

And reader, the reasons for women feeling dissatisfied in their may feel all-too-familiar.

More than two-thirds said that they felt undervalued while 48 per cent said that their salary didn’t reflect their role. Poor management was a top concern for two-fifths of women looking to leave their roles.

Disappointingly, 62 per cent of men said that their skill sets are “specialised or hard to replace” compared to just 44 per cent of women. Plus, women are more worried about job security than men.

Surprisingly, almost the same proportion of men and women asked for pay rises. However, 38 per cent of women who did ask for a salary bump said this is because they felt they were underpaid (38 per cent vs 20 per cent of men). Almost half noted it was because they took on more responsibility, compared to two-thirds of men and almost a third of women cited a significant achievement compared to 15 per cent of men.

Nic Cola, CEO at RMIT Online, which carried out the research said, “As the workforce continues to evolve, it’s clear Gen Z and younger millennials are redefining their priorities and as such, their career paths. They are in pursuit of new opportunities – and they are not afraid to change jobs to do so. This generation makes up a significant chunk of the workforce, so it’s crucial we empower them to bridge the skills gap and chase their professional ambitions. Doing so would contribute to a more resilient and dynamic workforce of the future.

“It’s no surprise remuneration is a primary motivator in today’s economic climate, however career development and training opportunities are also primary motivators for most Australians. If businesses don’t properly support, value or engage their employees, they risk losing valuable staff, stifling their own innovation and lagging behind in today’s ever-competitive landscape”.

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