3. The typical worker entering the UK labour market today will ultimately have, on average, six different jobs within six different companies, a new report has uncovered.
Recruiting Times, Recruiter News, HR News, Recruitment Supplier Directory, Recruitment Courses, HR Courses.
The study, which was commissioned by The Association of Accounting Technicians, reveals that the ‘job for life’ concept is virtually extinct.
Out of the 2000 adults surveyed, the statistics make for sobering reading:
*A staggering 9,024 hours will be worked as unpaid overtime which, over a working lifetime will add up to £153,408 in loss of earnings
*In a bid to advance their career and earn more money, the average worker will start on around £8,000 per annum and work for six organisations
*With the average Brit being involved in three pretty hefty disputes during their working life as well as up to 705 lesser disagreements, it’s not surprising that the survey found that 46% will change career entirely and that 39% admitted to changing jobs in a bid to find a better work-life balance
*Worryingly, the study uncovered that 45% of those interviewed had been made redundant at least once, resulting in stretches of financial insecurity.
These sombre facts were confirmed by the AAT’s Chief Executive, Mark Farrar, who said that the majority of working lives were punctuated with highs and lows, as individuals progressed in their careers, encountered challenges or changed vocations entirely.
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