Getty Images
Out of the 1,300 fashion and retail professionals who participated in the
Job satisfaction and loyalty were also low last year.
The survey included workers for fashion and retail companies — of those who participated, 6% are executives, 29% are managers, 65% are "non-manegerial talent," and 22% are freelancers.
Stylelist notes that a quickly changing industry could partly be to blame. Celeste Gudas, president of 24 Seven, told Stylelist that e-commerce is creating a "very disruptive time" for the fashion and retail industries, and an ISEM Fashion Business School professor said last year that the industry was in a "crisis" because of uncertainty with global supply chains.
There is good news, though — compensation is on the rise: 77% of those surveyed reported an increase in compensation, with a median increase of 6%. The rise in compensation suggests that something other than money is leading workers to be dissatisfied with their jobs.