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Industry News

Published on July 9th, 2019 | by The GC Team


Most retail professionals don’t move jobs because salaries “too low”

A new study from UK independent job board CV-Library shows that, while 82.4% of retail professionals are considering moving jobs right now, nearly half (48.5%) aren’t doing so because they believe the salaries on offer aren’t high enough. According to further analysis from CV-Library across 175,000 jobs posted on the site in May 2019, the average pay for new retail jobs is 21.1% lower than the UK average.

The study of 2,000 UK professionals and 200 UK employers also found that while 71.4% of the industry’s employers feel confident about their hiring efforts, 36.4% of retail professionals aren’t applying for jobs because they’re nervous about the economy.

Alongside this, 51.5% of the industry’s professionals worry that they don’t have the right experience for the roles they want to apply to, while a further 27.3% are worried that they won’t like the job.

Lee Biggins, founder and CEO of CV-Library, comments: “Searching for a new role definitely requires commitment; after all, you need to tailor your CV and cover letter to every role you apply to and spend time practising common interview questions. While it may seem like an arduous task, putting in the hard work now will definitely lead to rewards later down the line. 

“Plus, despite a challenging economy, there’s an abundance of retail jobs on offer right now and employers are confident about their hiring efforts. This means that now is a great time to search and apply for jobs. Also, remember that there’s always room for negotiation when it comes to pay – so don’t let lower salaries put you off and do your research so you can use this evidence as leverage.”

Job security appears not to be a huge worry for employees, with only 29.4% of workers in the industry worried about losing their current job. 92.9% of retailers say they’re confident about retaining employees over the next six months.

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