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Quitting Easier Than Getting a Raise at Work

by Tanya Thomas on August 13, 2010 at 1:45 AM
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 Quitting Easier Than Getting a Raise at Work

A new survey has shown that finance workers would rather find a new job than ask for a raise.

The survey was carried out by recruitment firm Robert Half.

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More than a quarter of finance workers said they never ask for a raise, and more than half thought they needed to quit their jobs in order to increase their salary.

Robert Half director Andrew Brushfield said that more employees are willing to change jobs than ever before because they feel like they missed out on salary increases during the economic downturn.
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In addition, as the financial market strengthens, more corporate recruiters are trying to poach workers, making it even more tempting for employees to leave.

"Employers need to be more aware of that otherwise they run the risk of losing more people," News.com.au quoted him as saying.

"If someone's tapped on the shoulder, they're more able to secure a solid pay increase which when contrasted to the past couple of years is pretty significant," he added.

The firm surveyed 2599 finance and accounting workers from around the Asia-Pacific region, including 656 workers in Australia in March and April.

The perception that jumping to a new job is better than negotiating is accurate, he said.

Finance workers were able to increase their income by between 5 and 10 per cent when they changed jobs, said Brushfield.

But he warned employees that job-hopping to advance a career can also backfire, as recruiters look for experience and reliability in new candidates.

Source: ANI
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