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Half of workers would change jobs for better pay and benefits

by Kavitha Sivasubramaniam
13/07/2023
UK employees, change, jobs, better pay, benefits, report, revealed, UK
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Half (50%) of UK employees would be willing to change jobs if they were offered better pay and benefits, a new report has revealed.

Omni RMS research, entitled The Modern Candidate Experience: What does good looks like for applicants?, found that the cost-of-living crisis was motivating people to look for higher wages.

The recruitment services provider discovered that career progression was also influencing career decisions, with 44% of those surveyed citing it as a factor in moving jobs.

Of the 500 employees polled, more than a third (35%) said working from home or hybrid arrangements would encourage them to look for new positions.

Louise Shaw, managing director at Omni RMS, commented: “While the cost-of-living crisis is clearly influencing job moves for most of the workforce, inflating salaries isn’t a sustainable attraction approach for employers who are feeling the pinch themselves.

“Instead, a longer-term approach, which utilises other motivators of job moves – such as career development prospects – will not only reduce candidate churn by improving the process but will also deliver more impactful results.”

The research further found jobseekers were unsatisfied with recruitment processes, with better feedback and communication during the process desired by 33% and 31% of respondents respectively.

Shaw added: “The fact that job seekers are making decisions to accept a new role based on the experience they have, while also highlighting the flaws of the process, suggests that change is needed – and soon.”

 

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