The majority of people working in London are fed up with their jobs and want a career change, according to a new report by the London School of Business and Finance.
By carrying out a survey on adults from different parts of the UK, the researchers found that 55 per cent of those in the capital want a career change, with 45 per cent planning on making the move in the next two years and one in five within the next year.
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By comparison, 47 per cent of people across the nation felt a desire to move into a different line of work. This doesn't mean the others aren't thinking about it, though – just one in five said they never wanted to change their career.
The main reasons given for wanting to leave current positions were better salary prospects, improved work/life balance and greater job satisfaction.
Steve Priddy, director of research at the London School of Business and Finance, said::
With a changing economy and new sectors creating jobs and business models that would not have even existed a decade ago, many professionals may consider the option of jumping ship and facing the challenges of a new career path.
But despite having an itch to move, many people are put off by the risk associated with it. Almost a third were too fearful of the possible lack of financial stability, while a fifth said they were too uncertain about what they would switch to. A further 15 per cent were afraid of failing in their attempt to pursue something new.