January 5, 2015
Workers feel increasingly undervalued and over a third plan to move jobs this year
There’s been a dramatic increase in the number of workers planning to move jobs. According to the latest research by the Institute of Leadership & Management (ILM), 37 per cent of workers are planning to leave their current jobs in 2015 – compared to 19 per cent in 2014 and 13 per cent in 2013. Of those who left their jobs in 2014, 35 per cent cited greater opportunity for progression as their main motivation for seeking a new role – compared to only 12 per cent who sought a higher salary. In 2015, that has increased to 59 per cent, meaning increased opportunity is a number one priority; beating a better salary (56%), a more interesting role (50%) and better management (30%). Staff are also feeling increasingly undervalued by their managers. 25 per cent of those planning to leave said they felt unappreciated in their current role, almost 10 per cent more than last year (16%). The survey of more than 1,000 UK workers and managers highlights the hopes of UK workers for 2015.
- More opportunity for progression (59%)
- Better pay (56%)
- More interesting job (50%)
- Better management (30%)
- More opportunity for training/development (27%)
- More opportunity for flexible working (18%)
- Nicer people (5%)
- Better options for parental leave (3%)
Charles Elvin, Chief Executive of the Institute of Leadership & Management, said: “The New Year is always a popular time for workers to look ahead. With an improving economy and more fruitful job market, it is important that employers realise that it’s likely they will have to work harder to keep their talented employees. This means prioritising managing the talent pipeline within the organisation to make sure staff have opportunities to develop and progress.” He continued: “All staff want to feel that they are appreciated by their organisation so it’s crucial that companies actively recognise the efforts and talents of their employees. Companies may want to adapt to this new improved climate, by acknowledging where staff have excelled and moulding opportunities for them to advance.”