Millions of workers plan to quit for a better job this year

As many as 6.5 million UK workers say they’re planning to quit their job over the next 12 months for a better role – but pay is not their only deciding factor.

The CIPD research revealed that while better pay and benefits are the main motivator to leave, people are also looking for increased job satisfaction and better work life balance.

The CIPD Good Work Index found that of those who are looking to quit their job:

• 35% are moving for better pay and benefits elsewhere
• 27% want to increase job satisfaction
• 24% are looking for better work-life balance
• 23% want to do a different type of work

Melanie Green, research adviser for the CIPD, said, “Too often employers focus on roles that already have higher job quality when they look to improve job quality and retain people, and quite often the focus is on pay alone. While pay is the main motivator for job moves, there are many reasons why people leave roles, and numerous barriers preventing people from being able to leave.”

Green added, “All jobs have the potential to be better and we should aspire to make good work a reality for everyone in the workforce. This means going beyond pay to think about how people’s roles are designed, how flexible their role can be – in location or hours – supporting good health and wellbeing, and investing in employee development so they have the means to progress in their career.

“The pandemic exacerbated existing inequalities and many issues still persist. By taking a holistic look at the dimensions of good work, and bolstering people management practices, managers and employers can make a real difference to people’s working lives.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.