I have been working for my current employer for over 7 years now, and it is the third permanent job since I finished university in 1998. Due to economic downturn, we had no pay rise last year, and also expect pay freeze this year (to be confirmed this month). Recovery started but speed is so slow. Job market is quiet, employers pay less for new recruits. My current pay package is not bad, including final salary pension scheme and private health care. That makes searching for a new job with more money (15% increase) and similar benefits more difficult. 
Before the recession (between 2000 and 2006), people changed jobs every 2 years for more money. Since 2007, most people just hoped not to be made redundant.
Before the recession (between 2000 and 2006), people changed jobs every 2 years for more money. Since 2007, most people just hoped not to be made redundant.