Career Changing

Aviva finds three fifths of workers plan to change careers.

Three fifths of UK workers (60 per cent) intend to make changes to their careers as a result of the Covid outbreak, an increase of seven percentage points since July 2020 (53 per cent). The research, conducted as part of Aviva’s latest How We Live report, reveals changes range from the relatively minor, such as learning new skills or gaining further qualifications, to switching career path completely.

The proportion of workers intending to find a completely different vocation has increased from seven per cent to nine per cent, while those planning to take on a role which helps others has risen from six per cent to eight per cent.

While these increases may appear to be relatively small, growing by just two percentage points in each case, they account for nearly 700,000 additional workers on both counts. As in July 2020, the most popular change which people would like to introduce to their occupation is the ability to work from home. This figure has stayed static at 10 per cent, suggesting that home-working has proved a benefit of the pandemic for some.

The desire to work from home still appears to be strongest in London where one in six (16 per cent) of workers intend to find a role which will allow them to work remotely. This figure has stayed static since July 2020. The proportion of would-be homeworkers is lowest in Scotland now, where just 5 per cent plan to find a role which will accommodate home-working.

The research also reveals some interesting insights in relation to specific age groups. People aged under 25 are most likely to want to make changes to their work plans in the next 12 months as a result of the pandemic, with 87 per cent re-evaluating their careers. Under-25s are more likely than any other age group to want a role where they can work from home (13 per cent). They are also the age group most likely to be seeking a job which helps others (13 per cent) and – perhaps predictably – to hope to gain more academic qualifications (17 per cent).

Those in the 25-34 age group are most likely to want to retrain (14 per cent compared to 10 per cent across all age groups) or follow a completely different career path (14 per cent vs 9 per cent all ages). At the opposite end of the working age spectrum, people are even more likely to want to retire as a result of the pandemic, than they were in July 2020. One in seven (14 per cent) workers aged 55 and above say the pandemic has escalated their retirement plans to within the next 12 months, compared to 11 per cent in July 2020.

“As the pandemic has continued, an increasing number of people have given thought to what they want from their careers and now three fifths of people would like to make changes to their working lives,” said Gareth Hemming, MD, Personal Lines, Aviva. “The extent of these changes varies: in some instances people want more flexibility, such as the ability to work from home, while others wish to change their career paths completely.

“For those who plan to become home-workers, it’s always sensible to check that they have suitable cover for their circumstances. Many home insurance policies include cover for office equipment. However, a standard home insurance policy may not be adequate if someone wishes to run a business from their home, particularly if they have stock on site or customers visiting their property. To be absolutely certain, it’s always best for people to check with their insurance provider.”

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