Half of property professionals thinking of quitting

Published on

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

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

TPFG buys 25% stake in property and mortgage AI business Enteka

The Property Franchise Group (TPFG) has taken a 25% stake in Enteka AI as...

Property professionals back homebuying reforms, CSS poll finds

More than three-quarters of property professionals believe proposed changes to the homebuying and selling...

Accord cuts buy-to-let rates by up to 0.43%

Accord Mortgages is reducing selected buy-to-let rates by up to 0.43 percentage points, with...

Mortgage Brain embeds LMS conveyancing service into CRM Brain

Mortgage Brain has integrated the LMS Select conveyancing platform directly into CRM Brain, allowing...

House prices stall as mortgage costs and Budget uncertainty weigh on market

UK house prices were unchanged in September as higher mortgage rates and wider economic...

Latest publication

Other news

TPFG buys 25% stake in property and mortgage AI business Enteka

The Property Franchise Group (TPFG) has taken a 25% stake in Enteka AI as...

Property professionals back homebuying reforms, CSS poll finds

More than three-quarters of property professionals believe proposed changes to the homebuying and selling...

Accord cuts buy-to-let rates by up to 0.43%

Accord Mortgages is reducing selected buy-to-let rates by up to 0.43 percentage points, with...