More than half of people quit their jobs because they are unhappy at work – not because they want more money - according to a new survey Benchmark Recruit, a leading recruitment consultancy.
The survey found that rather than quitting over low pay, the majority of people hand in their notice because they don’t have faith in their boss, feel unappreciated and are disengaged in their work.
Benchmark surveyed over 3,000 employees and found over 22% left their last job due to lack of faith in the leadership team.
19% quit because they felt “unappreciated” while another 19% left because they felt “disengaged and unmotivated.”
Lack of financial rewards was the fourth reason at just under 13%.
Louisa Harrison-Walker, director at Sheffield-based Benchmark, said: “The reasons people state for leaving their last job did cause a few raised eyebrows in our office, we expected salary or financial recompense to rank higher. Some bosses assume that to keep staff motivated and happy you need to give them a pay rise but the survey shows this is not a priority for most employees.
“People simply want to feel valued, appreciated and motivated far more than having a bigger pay packet.”
The survey also found 19% of people describe their job as a “dead end”. Only 25% of people think they have a “perfect” job. It’s a stepping stone for 38% and a “stop gap” for 16% of employees.
Reasons for leaving
Lack of faith in the leadership team – 22.58%
No belief in the company’s service/product – 6.45%
Lack of financial reward – 12.90%
Feeling unappreciated – 19.35%
Travel/location – 3.23%
Clash with colleague – 3.23%
Redundancy – 9.68%
Poor relationship with line manager – 3.23%
Feeling disengaged/demotivated – 19.35%
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