UK employees are deeply unsatisfied at work, with many feeling their employers are not giving them opportunities to grow or acquire new skills.
Against a backdrop of political and economic uncertainty, including the EU referendum, just 37 per cent of employees are happy with the level of stability in their jobs, the lowest level since mid-2013. People also have low expectations about salary. UK workers are anticipating a meagre 1.5 per cent increase in base pay over the next year, coupled with a reduction in their bonus payout. But rather than take the risk of moving jobs, almost four-in-10 workers intend to stay with their current organizations.
Almost one-third (31 per cent) of UK employees have experienced a major organizational restructure in the past year, well above the international average of 25 per cent. As Brexit negotiations get underway leaders need to keep employees focused and productive in the midst of uncertainty. Companies should involve employees in planning and implementing change, and give them opportunities to develop skills, collaborate and experience new things. It is essential during transitions, to ensure that employees fully understand their role expectations and day-to-day priorities.
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