The findings are outlined in Investors in People’s annual ‘Job Exodus Trends’ report, revealing that one in four employees in the industry are on the hunt for a new role in 2017. Amid recent concerns about wages stagnating in the UK, 37% said a small pay rise was the one thing their employer could do to increase happiness in their job. Pay is closely followed by poor management as a major gripe for workers, 51% said their boss is causing them to be unhappy in their job.
Paul Devoy, Head of Investors in People, comments: “We were expecting to see British workers planning to stay put in the face of economic uncertainty. But we’ve seen exactly the opposite: a significant rise in people seeking to move employers in 2017 and a jump in jobs confidence. Workers are telling us they want to move for better pay, better management and flexible working. This sends a clear message to British business to invest in your people or risk losing them.”
When asked what the most important qualities are in a new employer, job seekers in the finance sector said competitive pay (74%), the work itself being enjoyable (65%) and having a good reputation as an employer (48%). However, (30%)
Being part of an organisation that values its staff is particularly important to younger workers (16-29) with 32% saying it’s one of the most important qualities they look for in a new employer.
Paul continues: “With worker wages stagnating and a strong jobs market there is a clear imperative to address workers’ pay and tackle poor management. Poor management (