More than a third (39%) of respondents will look for a new job if they do not receive a pay rise in the next 12 months, according to research by Glassdoor.
Its quarterly Glassdoor UK employment confidence survey, which surveyed more than 2,030 people, also found that nearly half (49%) said that their employer has introduced new employee benefits such as remote or flexible working over the past quarter.
The survey also found:
- 35% of respondents are confident their pay will increase this year.
- Almost half (48%) who are confident of receiving a pay rise are expecting an increase of 2% or less.
- 36% said their employer had reduced pay or bonuses, up from 27% in quarter three 2014.
Jon Ingham, career and workplace expert at Glassdoor, said: “With around half of employees not expecting a pay rise, and a third saying they’ll be looking for new jobs if they don’t get one, it seems like many employees are prepared to move on.
“If these workers are on the look out for better opportunities, expect this to spark a flurry of moves.”