Today marks six months since Britain voted to leave the European Union and it seems employee confidence levels are starting to wane as the process continues. Findings from a new specially commissioned Brexit report, as an extension of Glassdoor’s UK Employment Confidence Survey*, reveal that fewer than a third of UK employees (29 per cent) are confident that the UK Government will be able to negotiate a good trade deal once Article 50** is triggered.
Glassdoor, one of the world’s biggest jobs and recruiting sites, regularly assesses employee sentiment around jobs and workplace issues. As part of this Brexit Report, Glassdoor evaluated employee confidence in the Government, their jobs and companies, and if employees would consider leaving the UK due to Brexit. In addition, the Glassdoor report studies employee sentiment throughout various geographic locations in the UK.
Employee Confidence in Government by Region
When analysing the data by region, areas where the Leave campaign secured the vast majority of votes*** revealed some interesting results. Only a quarter (26 per cent) of those from the Midlands, 25 per cent of employees in the North East and 23 per cent in the South East have any confidence that the UK Government can negotiate a good deal for British businesses. The South West region maintains the highest level of confidence, but still relatively low at 38 per cent. This compares to 26 per cent in London. Of those who are currently unemployed and looking for work, 41 per cent don’t have any faith in the Government’s negotiation skills, that’s the highest of all employment types.
Impact on Jobs
At this point, employee confidence - in terms of Brexit’s impact on jobs and companies - is pretty stable with little impact cited. Only 24 per cent of the UK population claim they are concerned with how Brexit might affect their company, and over half (54 per cent) believe it won’t impact their individual jobs at all.
Just under a third of Londoners (28 per cent) would consider leaving the UK to work in another European country post-Brexit compared to just 16 per cent for the UK as a whole. Those in the Midlands and South West would be least inclined to leave, at just 10 per cent in both regions. Over a third (35 per cent) are concerned that Brexit will have a negative impact on their company and 27 per cent feel that the referendum result has made them want to get another job.
However, when asked how leaving the EU could affect specific jobs, only eight per cent in the Midlands and ten per cent in the North East felt that Brexit would affect their specific jobs in a positive manner. The UK gig economy has grown in recent yearsº, but over six in ten (65 per cent) of those in part-time work believe Brexit will have an adverse affect on their levels of business.
*The Q3 2016 survey of 2028 people, among whom 902 are employed full-time/part-time, was conducted online within Great Britain by Harris Interactive on behalf of Glassdoor from 19/09/16 to 23/09/16. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact firstname.lastname@example.org.
***EU Referendum result - UK GOV
º Online jobs in gig economy growing fast - University of Oxford Internet Institute