Salary hikes replace flexibility as main reason driving people to quit their jobs, survey says
Workers around the world, flexing their newfound bargaining muscle amid tight labour markets, have begun pushing for higher pay as inflation soars, new research suggests.
The shift reflects how workplaces have already adapted to employee wants since the pandemic began, EY said. The option to work remotely is now a given for many employees, after staff made it clear that’s what they expected from employers. Indeed, 80 per cent of those surveyed said they want the freedom to opt out of the office at least twice a week.
“This latest survey shows that employees around the world are feeling empowered to leave their jobs if their expectations are not met. As employers have increasingly provided flexible work approaches, higher pay is now the biggest motivation for changing jobs, particularly given rising inflation and valuable unfilled roles,” Liz Fealy, EY’s global people advisory services deputy leader and workforce advisory leader, said in a release.
showed earlier this month. That’s making it harder for employers to fill vacancies because fewer workers are available in the labour pool.Article content
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