Planners largely happy to stay put
Few financial planners are looking for a new employer, with more than two-thirds reporting they feel valued by their current boss, a Money Management survey reveals.
Results from the survey showed almost 60 per cent of planners had no intention of leaving their current role, however almost 30 per cent of respondents said they would be "available to offers", with a higher proportion of female respondents (40 per cent) saying they would be open to an approach from a rival organisation, than men (25 per cent).
While the survey found female planners were more open to considering job offers, there was no significant difference in the proportion of female and male planners who said they felt valued by their current employer.
When it came to feeling undervalued, less than one in five planners reported that they were not valued by their employer, with a further 15 per cent saying they were "unsure".
The survey also found that almost 20 per cent of planners felt that clients undervaluing their services, or believing they did not need advice in the current climate, was a major stumbling-block to a pay increase.
A further 20 per cent claimed "poor organisational management" was limiting their earning potential , while six per cent of female planners reported that their gender was "the biggest impediment" to obtaining the salary they wanted.
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