66% of US Workers Eye Changing Jobs to Keep Up With Inflation

A study by staffing firm Insight Global found that 66% of American workers are concerned they will need to look for a new job to earn enough to keep up with inflation.

Inflation is also prompting some workers to ask their bosses for flexibility to work from home in order to save on fuel costs. The Insight Global survey found that 26% of workers who said they are seriously considering looking for a new job also plan to ask that they be allowed to work from home. In addition, 24% of those already working remotely plan to continue doing so most or all of the time until gas prices go down.

Overall, 75% of workers believe employers should increase pay during economic inflation.

“Leaders need to get ahead of this curve before they see some of their greatest talent leave to explore other career opportunities,” said Bert Bean, CEO at Insight Global. “The simplest way to ensure your employees are content in their current roles is to ask them. Find out what they need — is it a raise, the ability to work from home or are they feeling disconnected?”

Other findings in the survey included:

  • 56% of American workers feel there are many job openings, but few job opportunities offering pay that can keep up with the rising cost of living.
  • 61% of workers who say they are seriously considering looking for a new job feel there are many job openings, but few job opportunities offering pay that can keep up with the rising cost of living.

The survey took place in March and included 1,005 US workers who are employed full time.

 

Source: Staffing Industry Analysts (https://www2.staffingindustry.com/Editorial/Daily-News/66-of-US-workers-eye-changing-jobs-to-keep-up-with-inflation-61225)

 

Posted Under: News

Leave a Reply

Your email address will not be published.