Newspaper article The Journal (Newcastle, England)

Poor Pay Is Main Reason Staff Want to Change Jobs

Newspaper article The Journal (Newcastle, England)

Poor Pay Is Main Reason Staff Want to Change Jobs

Article excerpt

BETTER pay prospects has taken over from job satisfaction as the main reason workers want to move to another employer, according to new research.

A survey of 2,000 workers by the Chartered Institute of Personnel and Development (CIPD) showed that just over half cited a desire to increase wages and benefits as the number one reason for wanting to change jobs.

Improving job satisfaction was the second most common reason, reversing last year's figures.

More than a third said their standard of living had worsened over the past six months, around one in five had usually run out of money by the end of a month, and one in 10 was falling behind with bills.

Ben Willmott, senior public policy adviser at the CIPD, said: "Employees are feeling the squeeze as a result of pay freezes or low pay settlements that fail to keep up with inflation.

"Besides being more likely to want to leave for more pay elsewhere, workers with financial difficulties are also more likely to report being under stress at work and are typically less satisfied with their jobs. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.