This paper presents new evidence on the incidence of on-the-job search across the distribution of firms, leveraging data from a nationally representative survey linked to Swedish matched employer-employee data. I estimate that a 10 percentage point increase in a firm’s pay premium reduces the likelihood of on-the-job search by 0.94 percentage points—nearly double the effect size observed when considering individual pay alone. Additionally, I demonstrate that non-pecuniary job attributes significantly influence on-the-job search behavior. Analysis of self-reported reasons for job search suggests that most downward job moves are voluntary.