Over a third of UK employees to quit if denied pay rise in 2015

More than one in three UK workers (39%) will look for a new job if they don’t receive a pay rise in the next 12 months.

That’s according to a new survey by Glassdoor which estimates vacancies caused by the departure of disgruntled staff could cost the UK a up to £360billion.

Expectations of a salary increase have held steady for a year now, with 35% of employees confident of getting a bump in pay. As for how UK employees feel about how their company’s business will perform in the next six months, most employees appear to be cautiously optimistic.