CareerWallet Does a Deep Dive Into the Global Workforce
CareerWallet, the market‑leading recruitment tech firm, has just unveiled a sprawling workplace survey that pulls back the curtain on modern working life across the globe. The data shines a light on how people are coping with the rising cost of living, higher interest rates, and the pressure cooker of everyday expenses.
More Than Just a Numbers Game
- 14% of employees are already eyeing a second job in the new year just to keep up with increasing bills, groceries, fuel, insurance, and mortgages.
- Nearly a third of staff (34%) are seriously considering a job switch, and that adds up to millions of workers worldwide.
- When it comes to the motivation for shuffling jobs, 37% of respondents say it’s because they feel under‑paid.
What This Means for Employers
The findings should be a wake‑up call for recruiters and HR teams. If a massive chunk of your workforce feels unhappy or undercompensated, it’s not just a morale issue—it can lead to employees juggling two roles, which inevitably drags on their focus and overall well‑being.
CEO Insight from Craig Bines
“The survey underscores how many of people are struggling financially with these soaring, ever‑inflating living costs,” says Craig Bines, CEO of The CareerWallet Group. “Seeing that 14% are looking for a second income is a red flag for the upcoming hiring season. Recruiting is already a stiff challenge; these results suggest it’ll become even tougher. Finding the right people means businesses must step up and care for their teams now more than ever.”
Bines adds, “Job seekers are on the move—especially at the start of the new year. With the current job market buzzing, plenty of roles are up for grabs. CareerWallet has millions of vacancies ready to go, making it the perfect moment to sign up and find your next gig.”
Tax Deductions: Keep More of Your Money
In the midst of all this, don’t forget to review your tax deductions. Small adjustments can help you keep more in your pocket—buying a few extra coffees or saving for a weekend getaway.
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