A new study from the UK’s leading independent job board, CV-Library, reveals that salary is the most important job factor to Londoners during the pandemic.
In fact, 81.4% of professionals in the city say it’s the main thing they consider when it comes to considering a new job; higher than any other city in the UK and the national average of 73.8%.
The study surveyed 1,100 professionals and asked Londoners which of the following factors did they value the most when considering a new job. It reveals that location and flexibility also appeared in the top three.
Interestingly, professionals in the capital appear less concerned about job security than the average Brit. In fact, 27.7% of respondents said job security was important to them, versus just 19.7% of workers in London.
Alongside this, Londoners were more interested in working from home than the average worker (17.4% vs 12.3%), but were less concerned with flexible working hours (23.1% vs 27.3%).
Lee Biggins, founder and CEO of CV-Library said, “Everyone has their own agenda when it comes to work or looking for a new job, but it’s interesting to see what professionals are finding the most important right now. Especially as more people are recognising the importance of job security during the pandemic. The fact that the figures shift quite significantly in the city is something local employers should pay attention to, especially when it comes to attracting, recruiting and retaining top talent.”
The findings reveal that the industries where professionals are most concerned with job security include property (50%), public sector (37%), manufacturing (36.1%), construction (31.6%), administration (32.8%), engineering (30.5%), education (21.7%), social care (21.2%), hospitality (20.7%) and finance (17.8%).
Biggins added, “Although the market is shifting and there’s less pressure on employers to target passive candidates, it’s still important to understand what professionals want from their next role. These sorts of factor should absolutely be mentioned in your job adverts to make them as appealing as possible and to encourage the right people to apply.”