26.11.2024

New year, new career - a third of Brits considering career change in 2025

A third (33%) of UK workers plan to find a new job or make a career change in the coming 12 months, according to data released today by Indeed Flex, the online marketplace for flexible and temporary work.

A survey of 2,000 Brits found that while half (50%) intend to stay in their current roles in 2025, 33% are exploring new employment opportunities, and nearly a fifth (17%) are undecided about their career plans.

Nearly half (45%) of all younger workers aged 18 to 24 are planning to switch jobs, compared to just one in four (25%) 55 to 64-year-olds.

Overall, the proportion of people seeking new jobs has risen by 12%, up from 21% at the end of last year, underscoring a growing appetite for career mobility.

However, the outlook for the UK labour market is more uncertain than a year ago and may present some challenges for job seekers.

The latest official figures show that unemployment rose to 4.3% in September, while job vacancies continue to fall, as businesses prepare for a steep rise in national insurance contributions.

Two fifths (40%) of workers planning to change jobs in 2025 say they are doing so to earn more money, but wage growth excluding bonuses has also slowed to its lowest level in two years.

Inflation rising to 2.3% in October will put further pressure on household incomes and may lead to a greater slowdown in wage growth.

The other primary reasons people are planning to move jobs are because they don’t enjoy their current role (12%), they are looking for better perks and benefits (8%), or they are prioritising greater workplace flexibility (8%).

Novo Constare, CEO and Co-founder of Indeed Flex, said: “As we approach the end of the year, many people are reflecting on changes they want to make in 2025 and our research reveals that a third of Brits have already added ‘get a new job’ to their list.

“Although inflation has eased this year, living costs are still on the rise and it’s therefore no surprise that a higher salary is the primary motivator for most job seekers.

“What may scupper people's plans is the growing uncertainty facing employers. Businesses have been caught off guard by the government announcing a sharp rise in firms’ National Insurance contributions from next year.

“This hike will drastically increase the cost of new hires and could lead some firms to scale back recruitment and offer fewer or lower pay rises.

“Employers will need to be more flexible, and temporary workers could be the solution. Temporary staff can help businesses find a cost-effective way to fill staff gaps and adjust to new financial challenges in 2025.”

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