Looks like employee are feeling a little more confident about asking for more money this year — and a substantial number say they’ll quit if they don’t get a raise.
That’s the bottom line of a recent Glassdoor survey. The fourth-quarter survey, conducted online by Harris Poll, reveals employee expectations around pay raises and job search activity this year as well as sentiment around pay inequalities.
With employee confidence in the job market at its highest in six years, the survey said, more than two in five (43%) employees report expectations of a pay raise in the next 12 months. If employees do not receive that pay raise, more than one in three (35%) report they will look for a new job.
And nearly half (48%) of employees (including the self-employed) say they’re confident they can find a job matching their current experience and compensation levels in the next six months.