Delaying Pay Rises Is Driving Staff Turnover, Say Nearly Half of UK Employers

"Almost half of UK employers have seen increased staff turnover due to delayed pay rises as businesses manage costs amid economic uncertainty."

"The findings by Robert Walters reveal a disconnection between employer actions and employee expectations, leading to disengagement."

"Businesses face pressures to manage costs, yet 63% of employees without a pay raise are actively seeking new jobs."

"There’s a clear message: unmet employee expectations push them to reconsider their options, despite understanding of business pressures."

Research from Robert Walters reveals that 47% of UK employers attribute increased staff turnover to delayed salary reviews. Budget constraints are a common reason behind this, with 64% of business leaders citing financial limitations. The disconnect between what employees expect and what employers can offer is widening, with 63% of those not receiving raises actively looking for new jobs. Consequences include declining morale, with 36% of employers noting reduced motivation within teams. The research suggests that unmet expectations are prompting employees to explore other job opportunities, adding to recruitment challenges in a tight labor market.

Read at Business Matters