Job market optimism reaches new high

  21st April 2016      
 Recruitment, Employment, Executive Search, Human Resources, Office & Commercial


A recent survey from the Glassdoor UK Employment Confidence Survey reveals that employees are more confident than ever of a pay rise, and despite the significant gender difference, women are feeling confident about both their prospects and the outlook for their companies. Although the findings showed a new high point since the survey began in 2014, with 37% of female employees expecting their company outlook to improve compared to 42% men, the issue of transparency around gender pay differences and a fairer workplace still remains.

Jon Ingham, Glassdoor jobs and workplace expert says:

“It’s interesting that on the face of it employee confidence of a pay rise is so much higher than two years ago, however the increase has actually been far more significant amongst female employees. Whilst it is encouraging that women are feeling more positive about both their prospects and the outlook for their companies, we must not forget that female employees are still lagging behind their male counterparts with regards to expectations of a pay rise.

With the gender pay gap high on the agenda for so many people, confidence amongst women is a key factor, which might mean they won’t push for a better compensation package. This is a wake-up call for employees and employers to act for a fairer workplace. Greater transparency around pay and sharing salaries internally will help all employees benchmark their pay and understand their market value.”

The survey highlighted that, as a whole job market optimism is on the up with 34% of employees surveyed believing that if they were made redundant they would be able to find a new job that suited their skills and experience within the next six months, an increase of 2% compared to the previous quarter. Continuing the optimistic trend, 38% of people who are currently unemployed believe they will find a job over the next six months – an increase of 8% compared to the previous quarter.

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