More than one in three workers are considering changing jobs because of spiralling inflation and the cost of living crisis, new research suggests. Recruiter Totaljobs said its study found that employees do not think their pay is keeping up with the rising cost of living.
Half of 4,000 workers questioned by the jobs site said they have not had a pay rise in the past year, and almost a third revealed their salary does not cover basic living costs. Almost half of respondents said they were living "from payslip to payslip".
A separate survey of 1,000 employers found that more than one in three voiced concern about the quality of life for their staff due to rising living costs. Almost one in five workers said they have resorted to taking a second job to boost their income.