A new survey of 18,000 workers by global advisory firm CEB shows that we Brits move jobs for far less extra money than many other countries. Here are a selected few results:
Indonesia - 20.6% pay rise required to change jobs
Brazil - 20.1%
South Africa - 17.1%
China - 12%
France - 8.6%
Nordics - 6.7%
Spain - 5.9%
UK - 5.3%!
I'm not sure exactly what the message is to employers?:
- Watch out, your staff won't need much financial persuasion to move jobs so look after them
- Don't worry if your staff leave, you'll be able to "buy" their replacements pretty cheaply anyway
It's not all bad news - we're not last! Workers in Italy (4.5%), Germany (3.9%) and Belgium & Netherlands (2.8%) moved for even lower pay rises. Is it a sign of a more healthy, mature economy maybe?