Figures released last week have revealed that more than a third of engineering and technical staff changed jobs last year.
Many of the moves were caused by job cuts in manufacturing. The number of staff changing jobs across the whole economy rose 0.8% to 20% last year, the annual Labour Turnover Survey by the Institute of Personnel and Development found.
Oonagh Ryden, IPD specialist adviser on pay, said service-sector staff and professionals were changing jobs because of increasing confidence about future job opportunities. But manufacturing employees were being forced out by job cuts in the industry.
`Robust turnover reflects returning confidence [but] some sectors are still struggling to sustain order books. These figures show just how volatile this part of the labour market is,’ she said.
She added that the fluid job market was also leading to increased labour and recruitment costs for employers. The estimated cost of replacing managerial staff was £5,000 per recruit, according to IPD figures. The cost for manual workers is about £1,000.
The survey showed an overall reduction in turnover for part-time employees of 3%, compared to a 1% drop for full-timers.