January 11, 2024
Nobody seems to be calling it The Great Resignation any more, but two-fifths (40 percent) of the UK workforce are planning to move jobs in 2024, with one in six already beginning their search as staff look to boost their pay packet, according to the latest Candidate Sentiment Survey statistics produced by recruitment firm Robert Half. The survey’s authors claim these statistics demonstrate the resilience of the labour market as more candidates look to capitalise on skills shortages to boost earnings. Those aged 18-34 are more likely to move roles than any other age group (56 percent).
According to the data, salary remains a key driver of job moves – 45 percent of workers want a higher salary with a third (32 percent) of job seekers saying they would consider a counteroffer. However, flexible working prominence remains, with 29 percent stating that they want more agile working arrangements.
Half (50 percent) of workers also indicated that they wouldn’t work for an organisation with values that don’t match their own – with 63 percent of job seekers also saying that a company’s values would steer their decision to move jobs if similar salaries were on offer.
The statistics also revealed that London is set to witness the greatest talent exodus of all regions, with 56 percent of workers in the Capital planning a job move – with almost a quarter (23 percent) already looking for a new job. The West Midlands saw the second highest numbers (45 percent) followed by Yorkshire and Humberside (42 percent).