Employees would move for better pay, economists say they may have to wait

Wed, 29 Jan 2014

By Suze Metherell Jan. 29 (BusinessDesk) - Better pay would lure six out of 10 employees to leave their current job, says a survey by recruitment company Hudson but economists remain sceptical that conditions are favourable for pay increases. Hudson surveyed 5,003 employers and 5,701 employees in Australia and New Zealand. Of employees surveyed across New Zealand and Australia 58.2 percent say higher remuneration would see them leave their current workplace, while 71 percent of employers said they intended to increase wages in line with the c...

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