
- 61% of Kiwi workers would leave their job for more money, according to Robert Half survey.
- 60% said an increased salary would better reflect what they were doing in their role.
- The most common pay rise sought was 20%.
More than half of New Zealanders would consider leaving their job for higher pay, according to a new survey.
A Robert Half New Zealand survey of more than 500 workers found 61% would be compelled to change jobs for more money.
The most common pay rise that would get Kiwi workers out the door was 20%, according to 13% of respondents.
鈥淢oney continues to be a powerful influence,鈥 said Robert Half director Ronil Singh.
鈥淢any employees are weighing financial desires against the need for job security, especially as organisations focus on efficiency and streamlining operations.鈥
Singh said balancing immediate financial needs and building a sustainable career can be challenging in an uncertain job market.
It comes as 60% of workers say an increased salary would better reflect what they bring to their role and the work required of them.
Most workers (30%) believe their salary needs to increase by 10-20% to be an accurate reflection of their expertise, experience and level of responsibility.
鈥淭he research shows that many workers feel their pay doesn鈥檛 reflect their worth, revealing a disconnect between what employees expect and what they currently earn,鈥 Singh said.
鈥淭his sentiment can be due to stagnant wages despite increased responsibilities or a perception, whether accurate or not, that their compensation lags behind industry standards for similar roles.鈥
Job security also remains important for workers, with 16% prepared to prioritise money ahead of having a secure job. Nearly half (47%) said that both are equally important, while 37% prioritise job security over their salary.
鈥淲hile salary remains a key consideration, job security is also a number one priority for many workers, especially in the current economic climate,鈥 Singh said.
鈥淐ompanies that can offer both competitive compensation and a stable work environment will be best positioned to secure and retain their workforce.鈥
Take your Radio, Podcasts and Music with you
Get the iHeart App
Get more of the radio, music and podcasts you love with the FREE iHeartRadio app. Scan the QR code to download now.
Download from the app stores
Stream unlimited music, thousands of radio stations and podcasts all in one app. iHeartRadio is easy to use and all FREE