The study found out that the crisis is pushing employees to seek roles with higher wages rather than waiting for pay reviews.
More than a third also said they saw the cost of living crisis as the biggest external factor affecting the jobs market. Meanwhile, three-quarters of those surveyed said that working from home would lead to benefits like saving money on commuting and 47 per cent said it would save them money on lunch at work.
To better attract or retain staff, he suggested Human Resource teams help their organisations create a strong employer value proposition and then effectively communicate it. As a result, ”the power has somewhat shifted from the employer that is recruiting, to the employee who is job hunting,” she explained.