"I think a lot of people start their careers with compensation on their mind first and foremost, but will quickly find out that without feeling value in what they do on a daily basis or feeling like they are contributing to something, compensation does not really fill that void," said Catherine Pylant, global talent acquisition manager at WilsonHCG, to SHRM.

Other compelling reasons for job seekers to choose a position include:

• Benefits offered (44 percent)

• Geographic location (39 percent)

• Opportunity for advancement (35 percent)

• Schedule flexibility (31 percent)

• Company brand or reputation (20 percent)

37 percent of those surveyed said they are "continuous candidates," meaning they are always on the hunt for their next job, possibly correlated to the commonness of contract work over full-time opportunities according to ManpowerGroup Solutions Senior Vice President and Global RPO President Kate Donovan. 

For millennials, the growing majority of the workforce, quitting jobs and moving on is easy because money isn't an issue, according to Fortune. Instead, they want to upward mobility or the ability to feel fulfilled by the work they do.

Data from State Street Global Advisors says 60 percent of millennials between 22 and 32 have changed their jobs anywhere between one and four times in the last five years. A study from Deloitte says when millennials were asked to look four years into the future, 66 percent responded that they expect to have switched employers.

"Personal values have the greatest influence on millennials' decision-making on the job," David Cruickshank, global chairman of consulting firm Deloitte, told Fortune.

In fact, 61 percent of millennials will higher-ranking job titles — senior millennials, as they are sometimes called — didn't take on a specific task because it competed directly with their values.