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WORLD BUSINESS

Three years' service now long term

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The survey found that 93 percent people cannot see themselves being in their current job three years from now.

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LONDON, England (CNN) -- Long gone are the days when people left school and stayed in the same job until they retired.

These days three years is an eternity when it comes to employment, with new survey results showing that most people do not expect to be in the same job come 2008.

The survey by Portfolio Payroll, a London-based financial recruitment firm, found that 93 percent of the 4,100 people surveyed cannot see themselves being in their current job three years from now.

Despite this figure, seven out of 10 people, or 78 percent, questioned said they enjoyed their job -- a rise from 54 percent in a similar survey a year earlier.

However, money was a key motivator for people and eight of 10 said they wanted more money, while 92 percent said the main reason they chose a job was because of the salary that came with it.

A year earlier the figure was lower, with 84 percent of people saying money was the key motivating factor for taking a job.

Almost nine out of 10, or 89 percent, feared going on holiday because they worried they would not have a job on their return.

Portfolio Payroll managing director Danny Done said factors such as flexible working hours and increased benefits helped contribute to job satisfaction for employees.

However, he said the high number of respondents who felt insecure about the impact taking time off could have on their position was shocking.

"With employees believing they can be hired and fired easily by employers, they feel they are disposable which adds to the belief that the jobs market is increasingly competitive and unstable," he said.

"It seems loyalty and commitment to a firm has to be bought to ease monetary and long term security fears job seekers behold."

He said the concept of having a job for life had long disappeared.

"Employees seldom spend over five years at a company today, they are looking for an opportunity that will simply pay more and the respondents we spoke to in this survey said that they are always actively looking for a job with a higher salary being the motivating factor."

The poll was taken during a five-month period in the United Kingdom and covered a range of industries.

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