Property recruiters Judd Farris has claimed that almost half of all professionals working in the property industry want to leave their jobs because of falling morale in the sector.
When questioned on their aspirations for the next six months, 48% of property professionals surveyed said they are looking to move roles.
67% of respondents ranked career progression as the most important factor influencing their choice to change jobs, followed by poor work / life balance (48%).
56% have not had a pay review since 2008, and of those who have had a pay review in 2010, 41% received no increase to their salary, with 5% taking a pay cut. Although 71% of employees qualified for a bonus, 64% said this was calculated at the discretion of the boss and not linked to salary.
Lisa Learoyd, managing director at Judd Farris, said: “Employers should be concerned that half of their workforce could be about to walk out of the door. With the property industry showing signs of increasing recovery
