University of Phoenix Career Institute® was created to address broad, persistent and systemic barriers to career advancement through research-based solutions and impactful partnerships that break down barriers Americans face in their careers.
The 2023 Career Optimism Index® found that despite the challenges of the past year, 80% of Americans remain hopeful about the future of their careers. However, their hope is grounded in their own sense of personal efficacy, not in their current employers. This has led to a “free agent” labor market where the workforce is willing to pursue alternative job opportunities unless employers invest in foundational career support over transactional perks.
53% of Americans are actively looking for a new job or expect to in the next 6 months, with 46% of American workers willing to leave if their current employer offered them a severance package of 3-months' pay.
However, among those looking for a job or expecting to look for a job in the next six months, 68% said they would consider staying at their job if things could change.
In order to retain employees, employers must channel their employees’ optimism to their current place of work by:
Read white papers by University of Phoenix College of Doctoral Studies researchers and faculty who have dug deeper into the 2021 and 2022 Career Optimism Index® studies. New white papers will be shared with insights from the 2023 Index!
To learn more about University of Phoenix Career Institute® or the Career Optimism Index®, please contact us at email@example.com.