More people in IT quit their jobs than in any other sector, according to figures released by the Chartered Management Institute (CMI).
Labour churn in IT is 10.7% compared to 7.3% in engineering and more than double that in the food and drink sector.
Chief gripes include dissatisfaction with the working environment, job insecurity or restructuring and pay structures.
“Of course, a certain amount of labour turnover can be a good thing, but if the current trend is allowed to continue, it could breed dangerous levels of uncertainty and impact on the strategic development of UK organisations,” says Jo Causon, director, marketing and corporate affairs at the CMI.
A lack of training and development is also causing unrest, as 37% of the firms admit they offer little in the way of career development and 29% say structured training isn’t open to all staff.
This increased turnover is happening despite an average increase in earnings of 5.7% across all sectors – the highest annual increase since 2002.
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