Almost 80 per cent of Australians looking to change job as cost-of-living pressures bite

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After years of high inflation and interest rates, it's little surprise that the cost of living was the top reason causing people to seek new work.

After years of high inflation and interest rates, it's little surprise that the cost of living was the top reason causing people to seek new work.Nearly 80 per cent of surveyed workers are looking to change job in the next year.

While the vast majority of employers  are planning on offering pay rises in upcoming reviews, the report says their offers are likely to fall short of workers' expectations. "We are seeing a trend of employees expecting higher salary increases over the past three Salary Guide reports."In 2019, 67 per cent of employees expected a pay rise of less than three per cent.

Source: Loan Digest (loandigest.net)

 

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