Any other business
British job seekers increasingly confident about finding work within six months
3 min read
17 April 2015
Some 36 per cent of British workers now feel confident they can secure a new job within six months, a new survey from career marketplace Glassdoor has found.
According to the study, the result is a six per cent increase quarter-on-quarter and accounts for a 12-month high.
Age plays a factor in the amount of confidence that job seekers possess, rising to 46 per cent of 25-34 year olds and falling to 24 per cent for people over 55. Elsewhere, unemployed people as also more positive as 36 per cent expect to find work, up two per cent on last quarter.
A study on 15 April found Brits find the location more important than the wages and job security. With the latter in mind, Glassdoor has found that redundancy fears have fallen from 35 per cent in Q4 to 27 per cent in Q1.
Jon Ingham, Glassdoor career and workplace expert, said: “Recent reports of a brighter economic outlook in the UK are fully reflected in our employee confidence survey this quarter.
“Employees are starting to feel far more confident with both their current job and the prospect of finding a new one. This has been a long time coming but it seems the job market has finally turned a corner.”
Read more on Glassdoor:
- 5.5m UK employees prepared to exaggerate salary by £4,000
- The 10 strangest and most difficult interview questions in the UK
- 39 per cent of Brits will job hunt if they don’t receive pay rise, says Google-backed Glassdoor
Pay rise expectations within six months, meanwhile, have held steady at the 35 per cent mark throughout the year – though men are more optimistic than women at 40 per cent and 30 per cent respectively.
We previously established that the gender pay gap even extends to Hollywood, land of the rich and famous, with stars including Jennifer Lawrence and Amy Adams being paid less than their male counterparts.
Additionally, 30 per cent revealed pay or bonuses had been reduced, although that was down from 36 per cent in the quarter. And 12 per cent said their firm had enforced a pay freeze, which fell from 19 per cent year-on-year.
“Employers have had the upper hand in recent years, offering little in the way of salary increases and promotion. They have been safe in the knowledge that the job market has made it difficult for employees to move on,” said Ingham.
“However, the power is starting to shift which is great for those employees that have been forced to put their career progression on hold over the past few years as they now have greater bargaining power. Competition is high in the job market but the important thing is that employees are moving and this increased level of activity creates more opportunities.”
Indeed, 45 per cent said their company had introduced new company benefits including flexible working, and 36 per cent expects the corporate outlook will improve over the next six months.