A recent survey commissioned by Tate revealed that the majority of people looking for a job would leave their current employer if offered more money.
Tate, specialists in office recruitment, asked over 400 of its customers what their fundamental reasons were behind considering a new job and the findings suggested money was key to 59% of participants.
The survey examined other motivators and the results, ranked in order of importance, were threat of redundancy (13%), career progression (11%), location (9%) and benefit packages (0.5%).
Unfortunately for those motivated by money, the Office for National Statistics shows that the average weekly earnings growth including bonuses was unchanged from 0.8% up until December 2009, so gaining salary increases would be minimal.
Jo Edwards, Tates Managing Director said, It can be daunting moving jobs and using a recruitment agency is invaluable to help you get it right. Recruitment agencies have a database of clients who are actively looking for employees and recruitment consultants who are trained to tackle tricky conversations, such as negotiating salaries. This, coupled with skills training and personal coaching that some agencies provide, makes achieving a higher salary or package more probable.
As the job market stabilises further and the rate of redundancy continues to decrease in 2010, career progression and location will be given more importance by job seekers.