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Business performanceEmployee engagementLatest NewsEconomics, government & businessHR strategy

Recession has not stopped managers changing jobs

by Personnel Today 23 Feb 2010
by Personnel Today 23 Feb 2010

More managers left their jobs voluntarily in the past year than in the preceding 12 months, despite the recession, latest research from XpertHR  salary survey reveals.

The research, carried out jointly by  XpertHR Salary Surveys and the Chartered Management Institute (CMI), found that 4.7% of participants resigned last year, an increase of 0.2% over the previous year.

According to the survey, carried out annually, 225,600 managers resigned in the year to the end of January.

The survey finds that restructuring and job insecurity, rather than pay, were the main reasons for staff resigning, the BBC reports.

CMI chief executive Ruth Spellman said: “A year ago, employers were looking at job transfers as a way of halting the growth of the dole queue.

“However, with the latest figures showing that staff are prepared to run the risk of unemployment by jumping ship, questions must be asked about employee engagement levels in organisations up and down the country.”

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The CMI’s survey also recorded an average annual pay increase of 2.5% last year, rising to 3.2% in Scotland and the north east of England.

 








XPERTHR SALARY SURVEYS

Find out more about XpertHR salary surveys www.xperthr.co.uk/job-pricing

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