The leading Recruitment and Employment Technology Company, CareerWallet processes up to 10 million jobs daily from recruitment companies and employers across the UK and has recently published a national employee survey showing detailed trends and insights into the UK job market. The report highlights the huge impact the steep rise in the cost of living has had on the job market with over a quarter (26%) of employees looking for a new role and 13% already requesting pay rises to ensure their current role covers additional costs

The survey went on to show that a further 12% of all employees are considering asking for a pay rise in the next in few months and only 25% of all employees haven’t consider changing role or asking for a pay rise due to increased costs in the UK. Out of the employees surveyed the under 30s have been most impacted with 35% in the process of looking for a new role and the North East is the region most effected with 40% of all employees in the process of changing roles.

The national survey from the leading tech firm shows how many employees are being impacted directly by the increased cost of living and highlights to employers that current salaries and any pay rises need to cover these costs to ensure they keep hold of their staff and prevent them from looking for other opportunities.

Craig Bines, CEO at The CareerWallet Group, commented, “At CareerWallet we process millions of jobs a day and this allows us to quickly see how the job market is being impacted on a daily basis.

Our national employee survey has highlighted how UK employees are already being impacted by the rise in the cost of living and are actively looking to counter this by pursuing a new role or a pay increase and it is important that all employers are aware of this and act quickly to keep their talented people in their businesses.”