Job turnover falls to 26% y/y in Q3

Turnover on the Polish labor market fell to 26 percent in Q3, compared to 29 percent in Q3, but unchanged from last year, according to the 25th annual “Labor Market Monitor”survey by the Randstad Research Institute. Poland had the highest job turnover rate after Britain out of the surveyed European countries.

The main reasons for turnover in the labor market are finding better employment conditions (46 percent), a personal desire for change (26 percent), and other personal reasons (21 percent). According to Randstad’s mobility indicator, Poles remain the most open to changing jobs out of all Europeans. “Optimism about finding a job is at a record high,” said Łukasz Komuda, labor market expert at the Foundation for Social and Economic Initiatives (FISE).

Poland has a very flexible labor market, which has taught us greater mobility. The willingness to change jobs is at a record high. Employees see that things are good on the job market, and for employers it is important to retain employees, and this trend will continue,” Grzegor Baczewski, director of the labor department at the Lewiatan Confederation, explained.

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