Pay Comes First For Most British
Source: Agencies |
July 28, 2011, Thursday
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Print Edition
Print Edition
BRITISH workers put pay above job satisfaction when changing jobs, in a reversal of priorities from last year, a survey showed yesterday.
The survey of 2,000 employees across all sectors by the Chartered Institute of Personnel and Development found 54 percent of workers see pay as the main reason for changing jobs, whereas last year 61 percent cited job satisfaction as their priority.
In an environment of pay freezes, high inflation and slow growth, 36 percent of those surveyed reported a decline in the quality of life in the past six months, the CIPD said. Some 18 percent said they almost or almost always run out of money before pay day, and the same proportion said they find paying bills a constant struggle.
The number of Britons claiming unemployment benefit saw its biggest jump in two years last month. The jobless rate remained at 7.7 percent.
The survey of 2,000 employees across all sectors by the Chartered Institute of Personnel and Development found 54 percent of workers see pay as the main reason for changing jobs, whereas last year 61 percent cited job satisfaction as their priority.
In an environment of pay freezes, high inflation and slow growth, 36 percent of those surveyed reported a decline in the quality of life in the past six months, the CIPD said. Some 18 percent said they almost or almost always run out of money before pay day, and the same proportion said they find paying bills a constant struggle.
The number of Britons claiming unemployment benefit saw its biggest jump in two years last month. The jobless rate remained at 7.7 percent.
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