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Home News Work-life

Flexibility Is No Longer The Top Priority For Job Seekers

According to a new survey Michael Page, 40% of respondents stated that salary has become their top priority when looking for new jobs due to increased costs of living.

Aayat AlibyAayat Ali
February 23, 2022
in Work-life
Reading Time: 2 mins read
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Flexibility Is No Longer The Top Priority For Job Seekers
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As the cost of living skyrockets and inflation hits record highs, a new survey from Michael Page shows that salary has become the most important factor for workers. 

The survey of 2,000 UK office workers shows that 43% of 18 to 34-year-olds are seeking new jobs, with 40% of all respondents stating that salary has been the biggest driver in this decision.  

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In comparison, just 30% listed flexible working as their top priority, which indicates that employee sentiment is being altered by the growing cost of living.  

In addition to these factors encouraging workers to seek new jobs, 26% stated they were not recognized for their contributions and 22% said their position lacked job security. 

“These findings reflect the fast-moving times we are living in. The pandemic got people thinking about their newfound workplace expectations and, a year ago, flexibility might have overtaken salary in the checklist of job priorities,” said Doug Rodge, Managing Director of UK and Ireland at Michael Page. “However, with inflation rising and the cost-of-living crisis putting pressure on workers across the country, it’s clear that the tables have turned once again.” 

Rode adds that businesses looking to attract new talent need to be on top of worker demands. Employee needs may ebb and flow depending on the state of the world, so leaders have a responsibility to address all issues accordingly. 

  Your go-to resource on the Future of Work®  Get the emerging trends, top stories, and latest news on the world of work straight into your inbox each weekday morning.   
Source: Insight
Tags: Work-life BalanceWorkforce
Aayat Ali

Aayat Ali

Aayat is an editor for the Daily Digest based in Lexington, Kentucky. She has worked with local coworking spaces since August of 2017 and enjoys taking her firsthand knowledge to write about the fascinating, constantly evolving world of flexible workspaces.

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