Employees looking to change jobs in a year as the Great Resignation continues: survey

A quarter of workers polled by PwC anticipate changing employment in the coming year, up from 19% the year before, as per the 2023 Hopes and Fears Global Workforce Survey.

PwC's latest assessment of the global workforce found that 42% of workers plan to ask for wage raises to cover the rising cost of living, up from 35% the year before.

A little over 46% of participants in the Survey, which surveyed 54,000 workers across 46 nations, reported that their households either struggled to make ends meet most of the time or every month.

According to Bhushan Sethi, joint global leader of PwC's people & organisation practise, "with the ongoing economic uncertainty, we see a global workforce that wants more pay and more meaning from their work."

In comparison to 47% the previous year, 38% reported having money left over at the end of the month. Approximately one in five employees hold several jobs, with 69% of those claiming to do so to earn more money.

According to the poll, "purpose, company culture, and inclusion also remain key to employee concerns."

Financially disadvantaged workers are also less prepared to take on future difficulties, such as investing in learning new skills and adjusting to the emergence of artificial intelligence (AI).

More than one-third of the workers surveyed who reported having improved financial situations believed AI would increase their productivity, and a quarter said AI would lead to the creation of new job opportunities.

According to the survey, younger professionals, such as Gen Z and millennials (those born after 1981), anticipate AI will have a favourable impact on their jobs during the next five years.