Half of employees looking to move jobs in 2018

12 November 2018
Employees

Poor leadership is the biggest driver of employee dissatisfaction, with 49 percent of employees citing it as a reason they would seek a new job compared to 44 percent of employees would be happier if their employer gave them a small pay rise.

Nearly half of the UK workforce (47 percent) will be looking for a new job in 2018, with nearly 1 in 5 people already actively searching for opportunities, according to new research produced by Investors in People (IIP) in their annual Job Exodus Survey 2018.

IIP CEO Paul Devoy comments: “In a year where unemployment has reached its lowest level since 1975, but wages have stagnated, the improvements to the labour market have failed to translate to the pockets of UK workers. With research suggesting that employee disengagement costs the UK economy £340 billion annually, bad leadership is eroding UK productivity.

The statistics also revealed that nearly a third (31 percent) of people would rather have a more flexible approach to working than a 3 percent pay rise, suggesting that by offering simple schemes like remote working, employers can improve job satisfaction.

The top three reasons for people wanting a new job are:

They feel they can get more satisfaction elsewhere (48 percent)

They feel they can get more money elsewhere (43 percent)

They don’t feel their skills are valued by current employers (29 percent)

Find out how InspiringHR can help you with

  • Leadership Development
  • Flexible Working
  • Team Engagement
  • Paystructure and Payroll Management

https://www.investorsinpeople.com/resources/ideas-and.../job-exodus-report-2018 

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