Over half of all finance employees are looking to change jobs, according to a report commissioned by Foundation Degrees.
The figure makes employees in the sector the least satisfied in the country, r ...
Over half of all finance employees are looking to change jobs, according to a report commissioned by Foundation Degrees.
The figure makes employees in the sector the least satisfied in the country, raising the spectre of poor productivity among workers and high costs for employers.
The report highlights that almost two-thirds of those working in the finance sector did not actively choose their profession, but rather drifted into their current job or settled for the position after their attempt to aim higher proved unsuccessful.
One in three workers view their current job as no more than a way of paying the bills and one in five would love to resign. When asked what they considered the greatest barrier to achieving their career goals, employees cited lack of skills as the principal hurdle
A spokesperson from Foundation Degrees said: "These statistics make it abundantly clear that a large number of professionals working in the finance
sector are far from happy in their current working environment.
"This has significant knock-on effects for companies - on the one hand, an unhappy workforce leads to low productivity and low customer satisfaction, while on
the other hand, high turnover can be extremely costly and disruptive."