Nearly three quarters of private sector workers would consider a move to public sector

Fri, 12 Dec 2008 | Updated: Sat, 13 Dec 2008 12:09 pm | By Julian May

Nearly three out of four (72%) private sector workers surveyed say they are more likely to consider a public sector job now compared to a year ago, according to Hays’ Public Sector Survey 2008.

Out of 800 respondents, 73% said the search for greater job security due to the economic downturn is the greatest reason behind considering a move to the sector, followed by a desire for better work-life balance (59%) and better benefits (37%).

More than half of those questioned (54%) would be prepared to take some level of pay cut for improved job security and 11% say they would be willing to take up to a 20% reduction in salary. 

Nearly a fifth of respondents (18%) are developing transferable skills ready for a potential move to public sector, although more than half of respondents aren’t taking any steps to facilitate a move to public sector.

Of those already working in public sector, more than two-thirds (69%)  are satisfied with their current position.