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Pension benefits could keep staff

Public sector employers could point to competitive pension benefits to encourage potentially unhappy workers to stay in the company.

Other advantages of working in the public sector, including better flexible working opportunities, occupational sick pay and health services, could also be highlighted to retain staff, Ben Willmott, senior public policy adviser, at the Chartered Institute of Personnel and Development (CIPD) suggested.

The comments follow a CIPD report which reveals that better pay prospects are luring more workers away from their current roles.

This has overtaken job satisfaction as the main reason people are switching jobs, the survey of 2,000 workers shows.

It found that better pay prospects was the reason that just over 50 per cent of those surveyed left their jobs.

Job satisfaction fell to second place, reversing the figures for 2010.

The CIPD survey also shows that over the past six months more than a third of those surveyed had seen a decline in their standard of living.

With one in five running out of money by the end of the month and one in 10 struggling with bills.

Copyright Press Association 2011

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