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A new survey shows that two-fifths of UK workers are planning to change jobs this year, with nearly half doing so in order to earn more money.

The Candidate Sentiment Survey, compiled by Robert Half, revealed that while the number of people planning to move jobs is slightly lower compared to this time last year (-7%), these statistics demonstrate the resilience of the labour market as more jobseekers look to capitalise on skills shortages to boost earnings.

The data also shows that those aged 18-34 are more likely to move roles than any other age group (56%).

Commenting on the findings, Matt Weston, Senior Managing Director UK & Ireland, at Robert Half, said, “The UK’s labour market has faced significant challenges and upheaval over the last few years, but the sentiment of candidates remains resilient.

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“The combination of skills shortages and a cost-of-living crisis is causing some employees to jump ship for a pay boost, with the younger generation leading the way. While there has been a slight slowdown in planned job moves, this latest data shows that people are still confident in their ability to find new employment opportunities this year.

“What is certainly of note for employers, though, are the figures related to non-financial incentives. With workers indicating a desire for not only flexible working options but also a synergy between their values and those of their employer, firms will need to be able to offer more than just a salary boost if they are to source the right resources on a long-term basis.”

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