Kiwis follow employment cash trail
Kiwi workers are following the international money trail concerned their salary doesn't reflect their performance.
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New Zealanders are chasing the money trail with over two thirds (68%) believing their salary does not accurately reflect their performance and half (50%) are expecting a pay rise over the coming months.
According to a quarterly Randstad Workmonitor report, Q4 findings show Kiwi workers’ expectations of a salary increase is only slightly higher than those of Australia (46%).
Additionally, over half (54%) would be wiling to work internationally for better paid jobs, compared to Australia (47%) and the UK (48%).
Director of Randstad New Zealand, Paul Robinson, says the results show a higher level of interaction between employers and their staff is needed.
“With challenging business conditions and an air of uncertainty over the last two years, employees have been working harder, longer hours and for the same pay, as pay rises have been few and far between,” Mr Robinson says.
“Also what’s interesting is the Q4 result from the Workmonitor Mobility Index reveals Kiwis are less actively looking for a job over the next six months, with the index dropping marginally by two points this quarter to 105," he says.
Looking ahead, 66% of workers 2012 to be a better financial year than this one.
This year’s fourth quarter also found that workers (33%) changed jobs in order to look for more suitable employment conditions, with just under a third (30%) dissatisfied with working with their current employer.
Other findings from the Workmonitor report reveal six out of ten (61%) New Zealanders expect to work beyond their official retirement age with 58% happy to work a further two years beyond their official retirement age.
“However, talking to businesses across all sectors, we sense that 2012 is looking set to be a positive year, with an increasing number of job opportunities in the pipeline, albeit in a tightening candidate market. Once people feel more positive and start seeing the opportunities available, the market will open up,” Mr Robinson says.
Robert McCambridge
Tue, 20 Dec 2011
Tue, 20 Dec 2011
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Kiwis follow employment cash trail
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