- Four in ten (38%) teachers plan on changing their working hours in the next two years – with one in 12 (8%) leaving teaching entirely.
- Almost a third (29%) of women teachers said they planned to step back from the classroom.
Four in ten teachers (38%) plan to change their working hours in the next two years, according to new research by Wesleyan.
After a challenging two years for the profession, the study found that female teachers were most eager to make a change with 29% planning on stepping back from the classroom either by taking parental leave (11%), reducing their hours (9%) or leaving the profession altogether (8%).
Worryingly, the research also revealed that many don’t understand how making these changes will affect their pension pot and retirement plans. More than four in ten (41%) don’t understand the impact reducing hours could have on their pension and 40% have not planned for this change financially.
Of those planning to change their working patterns, fewer than a fifth of women (18%) have made plans for their finances to help them cover day-to-day living expenses and longer-term financial goals such as retirement.
In contrast, over a quarter of men (26%) planning to adjust their working hours have made plans for both the short and long term.
Linda Wallace, Director of Financial Services at Wesleyan, said: “After the stresses of the past two years, it’s understandable why so many teachers are reassessing their work-life balance and well-being needs.
Findings are based on consumer research of teachers in the UK, conducted by TeacherTapp between the 28th January and 1st of February 2022. The average number of respondents across the three questions asked was 4849.