The “Hopes and fears of the PwC global workforce” survey conducted at 52,71 workers in 45 countries, found that the Great Renunciation has some way to go, with 1 in 5 workers saying they are likely to switch to a new employer in the next 12 months.
The survey, one of the largest ever conducted on the global workforce, revealed that 35% plan to ask their employer for more money in the next 12 months. Wage pressure is highest in the tech sector, where 44 % of workers surveyed plan to ask for a raise, and lowest in the public sector, with the 25%.
The 3 main things that workers are looking for and that would motivate them to change jobs are:
– More salary, 71%
– Having a more satisfying job, 69%
– Wanting to really be themselves at work, 66%
“There is a huge need for companies to do more to upskill workers, while being mindful of the risk of polarization if development opportunities are not provided across society,” said Bob Moritz, Global President, PwC. “Leaders have to adapt to build the necessary teams to successfully face the challenges and opportunities of today and those to come.”
The survey found a polarized workforce in several dimensions, including, that women were 7 points less likely than men to say they are fairly financially rewarded, but still 7 points less likely to ask for a raise. Women were also 8 points less likely to ask for a promotion, and that request is more likely to go unheeded, as women are 8 points less likely than men to feel that their manager listens to them.
Pete Brown , co-leader of global people and organization services at PwC, commented: “It is bad for society and bad for business when women are not guaranteed the same opportunities as men. to develop their skills and careers. One of the fastest ways to strengthen the workforce is to ensure that women are not overlooked, which means addressing the culture, systems, and structures that can leave women behind.”
Other key findings from the survey include:
– The 45% of those surveyed said that their work could not be done remotely.
– Of those who say that their work can be done remotely, remote:
63% say they prefer a mix of in-person and remote work, the same proportion who said they expect their employer to offer that combination for at least the next 12 months.
On 26% of employees would prefer full-time remote work, but only 18% say their employers are likely to adopt this model.
Other 25% say which is likely your Employers require full-time in-person work, which only 11% of employees prefer.
The full report can be consulted here .
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