Four out of five finance workers in Australia want to jump ship and change industries, according to new research.
Careers portal eFinancialCareers surveyed 472 finance professionals living in Australia, and found 78% were considering leaving the industry altogether.
Mining, oil and gas were the most popular alternative industries, with respondents citing better pay and job opportunities as key factors.
Interestingly, the vast majority - 76% - were not considering moving from Australia.
“This survey fires a large warning shot over the bows of Australia’s financial firms if they want to retain key staff. It comes at a time when Australia’s two-speed economy is attracting finance workers out of the slow lane and onto the superhighway – the booming resources sector," said eFinancialCareers managing director Asia Pacific, George McFerran.
"It means financial service firms need to immediately pay closer attention to their retention strategies of their key staff to avoid business risk and significant churn.”