New research from Tribepad shows that fears over pay and job security are now the biggest worries of employees in the UK.Â
Despite the recent narrative that it’s a candidate driven market, 48% of those polled said they are concerned or very concerned about trying to make a move in the current climate. 49% are concerned or very concerned about reduction in pay value and pay freezes, to the extent that they are unwilling to risk taking career risks.
A third (33%) in entry level jobs are concerned they will lose their jobs, going down to one in five (21%) in senior leadership positions.
Two in five (37%) of those surveyed were previously considering a new move but have chosen to stay in their current role, showing the impact of the recession and cost of living crisis on career progression. This attitude was more likely to be held by younger generations – 43% under 44 year-olds said they were considering moving jobs, but now think it’s safer to stay where they are, whereas half (49%) of over 45s had never even considered a move. One in three (30%) of all surveyed said they want to move but say that they can’t find anything better.
