Employees look forward to raises in 2014, survey finds

January 13, 2014

 

handshakeNearly a third of employees say pay raises are at the top of their lists of work-related New Year’s resolutions, according to the fourth quarter Employment Confidence Survey by Glassdoor.

“Employees are beginning to feel more sure-footed in the economy and the job market, and in turn are hopeful and more confident about their chances of seeing their compensation rise. They are also feeling less fearful and are looking forward to taking a breather and taking time out to go on vacation,” said Rusty Rueff, Glassdoor career and workplace expert. “If economic and business news continue to show signs of furthering stability, we will undoubtedly begin to see greater employee confidence, which will in turn catalyze more movement within the employment pool.”

Here are the survey’s findings:

Pay raises – 32 percent
New job – 22 percent
Developing leadership skills – 20 percent
Take all vacation days earned – 20 percent
Attend work-related training – 19 percent

Managers beware, 3 percent of employees admitted they want to help get their boss or supervisor fired in 2014.

This quarter’s survey also asked employees, including those self-employed, about their job search expectations over the next three years, assuming the economy stays the same or improves. Nearly one in five (17 percent) employees say they would consider looking for a new job in the next three months, approximately one in three (32 percent) say they will consider job hunting in less than a year, 7 percent say in the next one to two years and 6 percent say three or more years.

Employees concerned over being laid off (15 percent) held steady since last quarter and is still the lowest in five years. However, when it comes to concerns over others being laid off in the next six months, more than one in four (27 percent) employees are concerned, up three percentage points from last quarter.

The Glassdoor survey was conducted online by Harris Interactive and evaluated four key indicators of employee confidence each quarter: business outlook optimism, salary expectations, job security, and job market optimism/re-hire probability.

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