Will Amazon HQ2 Truly Be a Talent Magnet?
There’s been much speculation regarding how Amazon’s well-publicized decision to open a split HQ2 would impact the jobs market in the communities it ultimately selected, namely Long Island City, N.Y., and Arlington (Crystal City), Va. Indeed, the debate over what HQ2 would mean for other employers in the selected vicinity (or as it turned out, vicinities) began soon after Amazon announced its search.
In time, as Amazon gradually begins to hire employees, we’ll have a much better idea as to the talent implications for those metro areas. But thanks to a recent survey conducted by Eagle Hill Consulting, we now have some insight into the potential impact, at least for the D.C. metro area.
In its study, titled Should I Stay or Should I Go? D.C. Metro Area Workforce Considers Whether They Should Work for Amazon, Eagle Hill found that half (51 percent) of the 1,007 D.C. metro area workers surveyed would consider leaving their current jobs to work for Amazon, with the percentage higher for millennials (60 percent).
For IT workers, the percentage was even higher: 71 percent.
As to what would compel them to leave, the research found that a better salary topped the list (71 percent of those who said they would leave), followed by securing more interesting work (45 percent) and working for a progressive company (45 percent).
Among those who were not interested in pursuing an opportunity at Amazon, the top three reasons they cited were being happy with the work they did (52 percent), being happy at their current job (45 percent) and the fact that they worked for a good organization (38 percent).
Eagle Hill President and CEO Melissa Jezior says she wasn’t surprised by the overall findings, but was surprised by the high percentages. “Nearly three-fourths of IT workers was a much bigger number than I ever would have predicted,” she says.