Nearly one in five UK workers plans to quit their job in the next 12 months in pursuit of better pay, more fulfilment and greater flexibility in how they work, according to new data from consultant PwC.
The survey of more than 2,000 UK workers by PwC found that 18% are 'likely' or 'extremely likely' to change jobs within the next 12 months, while a third (32%) are 'moderately' or 'sightly likely' to switch.
The professional services firm warned that growing polarization between what employees want versus what their bosses are willing to offer means that more workers are willing to "assert their power" and "vote with their feet" if their expectations are not met.
Demand for remote and hybrid working remains high and more than half (52%) of UK workers say their work can be done from home, PwC found. Two-thirds (66%) of respondents are currently working remotely either most or all of the time, with 62% citing hybrid working as their preferred way of working in the future.
But PwC said its survey "paints a picture of a workforce polarized on a number of dimensions," with those in positions of seniority scoring vastly greater job satisfaction scores than those below them: 51% of respondents in leadership positions reported being "very satisfied", compared to 19% of those in non-management roles.
Workers with specialized skills are also more likely to have a higher sense of job satisfaction, with PwC citing this as "one of the biggest drivers of polarization". Workers with in-demand skills are more likely to be better paid, have more influence in their work and have greater flexibility in how and where they perform their roles.
"While polarisation between groups at work is not new, the scale we are now seeing and the consequence of mass resignations is," Moore added. "This polarisation being felt on the ground risks fueling dissatisfaction, disengagement and amplifying employee churn."