One in five employees looking for new job as rising costs leave workers struggling to pay bills

Figures from PWC show the number of employees unable to cover costs has more than doubled in the past year

As inflationary challenges continue to impact wallets nationwide, many employees are feeling increasingly cash-strapped, with just 35% of workers having money left over for savings and discretionary spending once bills are paid

More than 20% of Irish workers are looking for a new job as sustained cost of living pressures leave almost a quarter struggling to pay their bills, new figures from PWC reveal.

Publishing its Irish 2023 Hopes and Fears Workforce survey, the professional services firm found that one in five believe that their employer will not be in business in the next ten years if they continue on their current path, with PWC warning that a lack of confidence will have an impact on staff retention.