Skip to main content

Survey reveals pay concerns and potential further job-market churn

searching

A survey by recruitment consultants Reed has revealed that a fifth of employees in insurance and financial services are actively seeking new job opportunities, and more than a third are considering looking for a new job.

Even though nearly half (42%) of those surveyed are not looking for new jobs, 58% of participants could be potential leavers.

58%

Of the participants in the Reed survey, 58% could be potential leavers

A big driver, according to the survey, for professionals wanting to change jobs is financial reasons as the cost-of-living hits.

The top reason for those wanting to move was insufficient pay. Secondly, the push for ‘purpose’ remains strong post-Covid-19 pandemic, with 17% stating that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

GI AR numbers fall again

The general insurance and protection sector saw the biggest fall in the number of appointed representatives last financial year, the Financial Conduct Authority has calculated.

Liberty opens new proposition for retail sector

Liberty Specialty Markets has launched a bespoke proposition for mid to upper-midsized retail companies, flagging it is available via dedicated hubs in Manchester, Bristol and Dublin, supported by its London head office.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: