The survey predicts mass resignations as workers demand more money from employers

The pressure on employers is mounting as 35% of the workforce plan to ask for a pay raise or accept better opportunities elsewhere in the next 12 months, according to a study conducted by the PWC Global Workforce professional services network in March.

This is one of the largest global labor force surveys conducted on over 52,000 workers in 44 countries and territories.

The survey found that the greatest pressure on pay is in the technology sector, with 44% of workers planning to ask for a raise, while pay in the public sector remained the lowest (25%).

Bob Moritz, global president of PwChe said that while higher pay was the primary motivation for changing jobs, most workers also wanted more control over their way of working and wanted to make more sense of what they do.

“… Workers aren’t just looking for decent pay, they want more control over how they work,” said Moritz.

“There is a huge need for companies to do more to improve workers’ skills, while being aware of the risk of polarization if development opportunities are not provided across society.

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“These are linked by the acquisition of skills, workers can gain control over the job they are looking for. Leaders must adapt to create the teams needed to successfully meet today’s challenges and opportunities and those that are yet to come. “

The poll also found that there was a growing trend of inequalities at work polarized on multiple dimensions.

It said women were seven points less likely than men to say they were fairly financially rewarded, but still seven points less likely to ask for a raise.

Additionally, women were also eight points less likely to ask for a promotion and eight points less than men to hear their manager listened to them.

Shirley Machaba, CEO of PwC South Africa, said this could have a negative impact on companies.

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“When women cannot be given the same opportunities as men to develop their skills and careers, it can have a negative impact on business and society,” Machaba explained.

“We have seen that one of the quickest ways to strengthen the workforce is to ensure that women are not neglected.

“This means addressing the culture, systems and structures that prevent women from accessing these opportunities and ensuring that women are heard, seen and given space to make meaningful change.”

Other key findings from the survey suggested that:

  • 45% of respondents said their work cannot be done remotely
  • Of those who say their work candies being done remotely, 63% say they prefer a mix of in-person and remote work
  • 26% of employees would prefer full-time remote work, but only 18% say their employers are likely to adopt that model.
  • Another 18% say their employers are likely to apply for full-time in-person work, which only 11% of employees prefer.

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