A quarter of Spaniards will give up their jobs in the next year for a better salary, according to Adecco

Two out of three Spaniards, concerned that their salary is not enough to face inflation: 45% consider a second job

MADRID, 10 Oct. (EUROPA PRESS) -

A quarter of Spaniards, 25%, will quit their job in the next twelve months to look for another job, mainly with the aim of earning more money, according to the third edition of the 'Global Workforce of the Future 2022' survey made by Adecco.

Half of the Spaniards who will change jobs in the next year, 51%, are already actively applying for other positions and holding interviews with recruiters and companies.

This survey collects data on the labor perceptions of workers in 25 countries in which it operates, including Spain, to understand how the attitudes and mentality of employees are changing and what the current and future challenges are in terms of employment and management of the talent.

In 2021, nearly 50 million workers in the United States quit their jobs, a number never seen before in the 21st century. According to Adecco, this phenomenon, known as the 'Great Renunciation', could be something more than a temporary situation derived from the pandemic and become the beginning of a new approach to the concept of work.

"Today, that trend that emerged in the United States has crossed the pond and has spread to other countries such as the United Kingdom or Italy, where 1.3 million employees left their jobs in the first nine months of 2021," said Adecco, which To carry out this survey, more than 34,000 people with contracts of at least 20 hours per week have been interviewed.

According to this report, more than a quarter of workers around the world (27%) will leave their jobs in the next twelve months, almost the same proportion as in Spain, while 45% of them are already applying for new positions and/or have interviews for other jobs (six points less than the Spanish).

Salary is the main reason for changing jobs for 55% of Spaniards surveyed (45% international average) who will leave their job in the next year.

Satisfaction with the salary received is average and only half of global workers and 44% of Spaniards are satisfied with how their compensation reflects their experience and skills, the hours they work and their performance, according to this survey.

In addition, Adecco added, workers are looking for additional sources of income to combat the increase in the cost of living and geopolitical uncertainty: 61% of those surveyed worldwide and 64% in Spain say they are concerned that their salary does not be high enough to cope with inflation rates.

Moreover, according to this report, 45% of the Spanish workers consulted say that the impact of inflation has led them to consider looking for a second job.

Although in general the job satisfaction of workers is high (69% worldwide and 72% in the Spanish case), there is concern about the current economic and geopolitical instability. In fact, economic instability is the main concern for 65% of Spaniards interviewed (57% worldwide), while the geopolitical situation worries 53% of Spaniards (46% world average).

The general director of the Adecco group in Spain, Iker Barricat, has highlighted that, in the face of the 'Great Renunciation' phenomenon, companies must review their talent retention strategies and not limit themselves to relying solely on the tool of salary increases as medium for retaining templates.

"The salary is a priority in these moments of uncertainty or with workers who are no longer committed to the business project, but it is clearly insufficient on its own to establish a long-term bond. To deal with this problem of the Great Renunciation, which is becoming more and more common in Spanish companies, we must work on flexibility policies, as well as invest in the workforce and focus on offering lifelong learning opportunities," Barricat stressed.