# New year, new job? 
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2017-01-07
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Finance Workers Planning Job Move for Better Pay and
Meta Description: 64% planning to change jobs in 2017 due to pay and poor management. Survey reveals workers seeking better pay, management, and flexible working.
URL: https://financedigest.com/new-year-new-jobhtml

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**FINANCE WORKERS MORE CONFIDENT ABOUT JOBS MARKET WITH ALMOST TWO THIRDS PLANNING A MOVE**

- National employee survey reveals a **10%** year-on-year increase in staff looking to jump ship with **64%** considering changing jobs in 2017
- Pay is the biggest gripe for workers, with **60%** saying it is one of the main reasons they’re looking to move – a **9%** increase on last year

The findings are outlined in Investors in People’s annual ‘Job Exodus Trends’ report, revealing that **one in four** employees in the industry are on the hunt for a new role in 2017. Amid recent concerns about wages stagnating in the UK, **37%** said a small pay rise was the one thing their employer could do to increase happiness in their job. Pay is closely followed by poor management as a major gripe for workers, **51%** said their boss is causing them to be unhappy in their job.

Paul Devoy, Head of Investors in People, comments: “We were expecting to see British workers planning to stay put in the face of economic uncertainty. But we’ve seen exactly the opposite: a significant rise in people seeking to move employers in 2017 and a jump in jobs confidence. Workers are telling us they want to move for better pay, better management and flexible working. This sends a clear message to British business to invest in your people or risk losing them.”

When asked what the most important qualities are in a new employer, job seekers in the finance sector said competitive pay **(74%),** the work itself being enjoyable **(65%)** and having a good reputation as an employer **(48%).** However, **(30%)** said they would rather have a more flexible approach to working hours than a 3% pay rise.

Being part of an organisation that values its staff is particularly important to younger workers (16-29) with **32%** saying it’s one of the most important qualities they look for in a new employer.

Paul continues: “With worker wages stagnating and a strong jobs market there is a clear imperative to address workers’ pay and tackle poor management.  Poor management **(51%),** no career progression **(43%)** and not feeling valued **(38%)** are critical factors for workers being unhappy in their jobs. Employers need to really invest in their people in 2017 to attract and retain the best talent.”


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