Cash crisis | Half of employees considering quitting over poor pay

Half of employees considering quitting over poor pay

New data has revealed that over half of UK employees (54%) are considering quitting over poor pay. The research, which was commissioned by HireVue for its latest Candidates Experience Report, also found that just under a under a quarter of employees are planning to leave within the next six months.

The research comes against the backdrop of the cost-of-living crisis, which has seen inflation and prices soar, and workers’ wage packets squeezed hard as a result. As Grapevine Leaders has previously reported, businesses are also facing a co-existing “cost-of-working” crisis, with alarming figures from the Federation of Small Businesses suggesting that half a million UK small businesses are at risk of going bust.

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