Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

ONE IN FIVE ADULTS ARE UNHAPPY WITH THEIR CAREER

ONE IN FIVE ADULTS ARE UNHAPPY WITH THEIR CAREER
  • A quarter of workers (25%) don’t like their current job
  • 1 in 4 adults think changing jobs would improve their mental health
  • Lack of financial support is the main reason people stay in jobs they are unhappy in

One in five (19%) UK adults are dissatisfied with their careers, new research1 has revealed.

A study carried out by energy comparison site, UK Power, questioned the nation to find out which areas of their life they are most unhappy with. The results are stark; a quarter of all adults are unhappy in their current job and one in five are unhappy with their overall career, although men (22%) are more likely to feel this way than women (16%).

Dissatisfaction with their day-to-day role (52%) is the number one reason people wish they could switch jobs, followed closely by their salary (44%). However, for one in five (20%) it’s the level of seniority, not the career itself, they are unhappy with. Sadly, 13% want to move roles because they dislike their boss.

The five cities where job satisfaction is at its lowest are:

  1. Belfast (55%)
  2. Bristol (34%)
  3. London (34%)
  4. Nottingham (29%)
  5. Liverpool (28%)

Interestingly, it seems that relationships act as a buffer to career dissatisfaction; singletons were more than twice as likely (23%) than adults in a relationship (11%) to be dissatisfied with their career.

UK Power asked those unhappy in their job how they thought moving roles would impact their lives. Half (50%) thought changing careers would improve the quality of their life, while a third (33%) felt doing so would improve their finances. Shockingly, 26% felt their mental health would improve in a different role, highlighting the huge effect your job can have on your wellbeing.

Despite understanding the benefits moving careers can have, it seems it’s not that simple for many employees. The main reasons given for staying in a dissatisfactory role were:

  1. Lack of finances available to support a career change (39%)
  2. Feeling like there is no better alternative (31%)
  3. Being scared they will regret their decision (26%)
  4. Feeling like they are a failure (24%)
  5. Too invested in their current career (12%)

Nick Heath, Head of Insight at UK Power said: “We were interested to see which parts of their life people would most like to switch, and were surprised to see so many wishing they could change careers.

“Having the resources available to help make informed decisions about changing any aspect of your life, however big or small, can be the difference between being unhappy, and having something to smile about. That’s why we pride ourselves on helping customers save money on their energy bills by cutting down on the jargon and gathering the best deals around.”

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post