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Third of employees considering new job this year
Six in 10 UK employees are happy in their jobs, although a third are looking for a new job, with part-time work topping the search list, according to two new surveys.
Six in 10 UK employees are happy in their jobs, although a third are looking for a new job, with part-time work topping the search list, according to two new surveys.
The ‘Job Satisfaction Index' by specialist recruiter Robert Half UK looks into work attitudes among full and part time employees. It shows a fifth of employees are very happy with their jobs, but a third are considering a new job, increasing to nearly half for those aged 18-34. Regionally, London tops the league table with half of those surveyed likely to look for a new job this year, compared to only 24% for those living in Yorkshire.
Robert Half says a separate study shows more than eight in 10 C-suite executives are concerned about losing top performers.
The index of staff attitudes shows remuneration is a key driver for employees looking to switch, with more than a quarter doing so because they are dissatisfied with their current salary. The majority claim that a higher base salary would be the deciding factor in accepting a new job. Looking at the gender divide, men are more inclined to prioritise a base salary, compared to just 35% of women.
Other reasons for switching jobs this year include a lack of ‘promotional opportunities’ and ‘boredom in their current role’ (15%), a desire for ‘better work-life balance’ (14%) and ‘dissatisfaction with company leadership’ (9%). Only 7% were moving for a career change.
Phil Sheridan, Senior Managing Director, Robert Half UK, said: “Top performers are instrumental in helping organisations grow. Unfortunately, it’s not always possible to retain your best and brightest. When considering a job move, salary remains a crucial deciding factor for the majority of employees. However, firms looking to attract top talent know that financial remuneration is only one factor affecting candidates’ decisions. The research shows employees also want their job to be a means of attaining professional development and aim to balance work and life commitments. Therefore, offering a comprehensive benefits package, tailored to individual employees’ preferences such as flexible working, holiday purchase scheme and educational assistance, will help companies position themselves as great places to work.”
A separate poll by jobs site Indeed.com shows that part-time work was the most searched for job term in the first quarter of 2014 in the UK, USA, Australia and Germany, with the NHS entering the top 10 most desired jobs in the UK for the first time in March this year.
The search data from Indeed identified the top 10 roles that job seekers are searching for on the website with ‘part-time’ taking the top spot, followed by ‘retail’, ‘driver’, ‘warehouse’ and ‘sales assistant’ in the UK specifically. Indeed.com says that as the majority of the top 10 job searches are not strictly ‘9 to 5’ type jobs, it believes many people may be taking on a secondary job in addition to their full-time employment.
Meanwhile, the Recruitment & Employment Confederatino's latest Jobs Outlook survey shows three-quarters of employers plan to hire more permanent staff within the next quarter. Eight out of 10 employers say they intend to increase their headcount in the next 4-12 months, which REC says is a 22% rise from three months ago.
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