One in four workers are unhappy in their job and would not recommend their employer, while many others are only motivated by spiralling debt, a new report claimed today.
A survey of more than 1,000 office employees showed that most were less happy than a year ago, with spending cuts, the economic climate and the change of government all blamed for the dip in morale.
Staff in finance and law were the unhappiest workers, according to the study by recruitment firm Badenoch & Clark.
Heidi Waddington, associate director at Badenoch & Clark, said: "The relative decline of happiness in the workplace over the past year can be attributed to a number of factors. The VAT rise, inflation and the recession are all hitting workers hard. Longer hours and lack of job security mean that happiness at work is remarkably low.
"Economic uncertainty over the past year has put tremendous pressure on employees. This trend is particularly evident in professional services, which has resulted in heightened intensity in the workplace and increasingly poor morale.
"It is important that organisations foster an environment where their employees are able to develop a strong sense of self worth. Failure to do so may result in loss of talent, which in turn will lead to loss of potential revenue.
"Our findings demonstrate that happiness is high on the agenda for many UK workers and is emerging as the critical business issue of our time."Reuse content