January 25, 2023
More than a third of U.S. ad executives -- both
advertisers and agency media executives -- plan to leave their current jobs within the next two years, and many attribute it to the increasing complexity and lack of training and support they receive
from their current organization. That's one of …
A lower number than all jobseekers across the workforce. Everybody is strained.
A rather tiny base for such a study, Joe and, frankly, most of the reasons cited for thinking about leaving their current job are rather vague---like ordinary grousing. In times past we figured that about 20-25% of our employees at BBDO would leave in a year or so---or think about leaving---but the percentages varied greatly by job function and age. Top execs---real pros---- didn't jump ship a lot as they were locked in with stock options and other perks but younger people were always switching to new employers as a way to get a quick raise more than anything else. And most of the job switchers stayed within the same industry category. In future studies of this type---hopefully with a much larger sample---it would be interesting to see breakdowns by job function, age, the number of years at the current employer and whether the might be job leaver was dumping the industry as a whole or merely intending to switch to a similar employer who would pay more.
The complexity of the job has changed dramatically in the last 10 years. And, today if you think you have the general in's and out's of the product...watch out tomorrow due to changes Apple or Google may make everything you thought you knew is out the door!
I like change and learning new things so to me it is fun but for a lot of others not much...especially veterans who see the fun portion of the business being drained out...