Seven in ten would 'consider quitting jobs' over remote working pay cut

Seven in ten would 'consider quitting jobs' over remote working pay cut - C&M Travel Recruitment
The majority of Brits would consider looking for a new job if their employer suggested introducing pay cuts for those who work from home, it has been claimed.

Seven in ten (69 per cent) said they would potentially quit, while three quarters (74 per cent) believed that such a policy would be 'unfair'.

However, one in five (19 per cent) thought that a reduction in salary for full-time homeworkers would be a 'fair suggestion', with 6.8 per cent in favour regardless of the remote split.

The figures from CV-Library, which quizzed around 1,500 workers found that a wage cut had already been mentioned to 11.1 per cent, while 82.2 per cent had worked remotely at some point during the pandemic.

Of those willing to stay in their job regardless of potential pay cuts, four out of ten (43.4 per cent) said they would accept a five per cent pay cut, with 20.7 per cent willing to take a ten per cent drop in their wages. One in 20 (5.9 per cent) workers would even say yes to a 20 per cent reduction in salary in order to work at home.

Speaking about the figures, Lee Biggins, Chief Executive Officer and founder of CV-Library, said: "Contractual obligations, weighting allowances and individual circumstances will be unique to each business. What is apparent is that flexible working is here to stay and we're in a candidate led market with job postings at a record high.

"This topic isn't going to disappear anytime soon and very few businesses seem to be having the conversation with staff in the UK. Given the government announcement about tax increases from 2022, businesses do need to proceed with caution. If they do choose to further impact salaries and benefits for those working from home, there will be plenty of opportunities from companies who will be prepared to meet the needs of top job seekers."

In other news, figures from C&M Travel Recruitment showed that more travel job placements were made in August than at any point in the past 18 months.

Candidate and vacancy numbers both dipped from July, but still recorded their second highest totals since the beginning of the pandemic.

By Owen Mckeon