The majority (81 per cent) of employees say they’re planning to change jobs within the next year, with nearly half (46 per cent) planning to do so within the next six months, according to a new survey by software company Leapsome.

The survey, which polled more than 375 employees and 375 human resources leaders across the U.S. and Europe, found roughly three-quarters of employees cited compensation and benefits packages (76 per cent) and work-life balance (74 per cent) as their reasons for seeking a new role. Notably, 20 per cent said a positive work-life balance and workplace culture are the main reasons they’re staying with their current employer.

Read: 65% of employees looking to change jobs due to compensation, well-being: survey

More than half (54 per cent) of employees said their employer is planning layoffs, while 27 per cent said their company already conducted layoffs in the past six months. However, the majority of HR leaders (91 per cent) and employees (85 per cent) said they largely believe their companies are set up to weather the challenging macroeconomic environment.

While the vast majority (95 per cent) of HR leaders said employees are at least somewhat engaged, close to two-thirds (64 per cent) of employees noted they’re at least somewhat disengaged.

Read: A third of U.S. employees currently considering quitting their jobs: survey