Most professionals would rather switch jobs than ask for a pay rise in 2026 – Robert Walters
The research found 74% would rather move to a new role with better pay than negotiate at their current workplace.
Three in four professionals said they felt more confident changing jobs for a higher salary than asking for a pay rise in 2026, according to research from Robert Walters.
The research found 74% would rather move to a new role with better pay than negotiate at their current workplace.
Another 72% said worries about tax would put them off going for a pay rise next year.
Chris Eldridge, CEO at Robert Walters UK&I, said: “The last few weeks have seen considerable back-and-forth within the government ahead of the budget announcement on 26 November.
“While recent reports indicate direct tax hikes are off the table, expectations remain that taxes may rise in more subtle ways.
“This ongoing uncertainty is fueling further caution for UK professionals planning pay negotiations in the new year.
“With many now feeling more confident in seeking out new job opportunities to meaningfully increase their post-tax earnings.”
The Fabian Society estimated the Government could raise £12bn by extending the freeze on income tax thresholds, which could push more workers into higher tax brackets even if real incomes do not increase.
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