what are the most important things to employees
What's important to employees? A lot more than just their paychecks. As it turns out, salary has less to do with employee happiness than you may recollect.
"Money isn't the commuter of job satisfaction," says Shawna Clark, founder and executive coach at Clark Executive Coaching. Clark, who has over 20 years of experience working in human resources, says that employees value other things – things that drive employee engagement, satisfaction, and retentivity.
And in that location are several contempo studies showing that while money is important to employees and chore candidates – information technology isn't necessarily thenear important thing when it comes to employee happiness.
Hither are v things that today's employees and chore candidates expect for in a job — other than money. Please note this list is in no particular lodge.
#1 – Company Culture and Mission
"People are looking for a healthy civilisation with values that are aligned to their ain," says Clark.
Staffing provider, LaSalle Network, surveyed six,000 recent college graduates about the most important factors they consider when evaluating a company to work for. And while 69% ranked compensation every bit the number 1 gene, a surprising 61% listed visitor culture equally the second well-nigh important gene.
According to a Harvard Business concern Report article by Andrew Chamberlain, master economist at jobs and recruiting site GlassDoor, the civilization and values of an organization accept the elevation spot as a predictor of job satisfaction repeatedly in Drinking glass Door reviews and surveys – regardless of income level.
In the article, Chamberlain suggests that one time you determine fair pay for a role, yous'll meliorate your odds of attracting the all-time talent and keeping the great talent you already accept past promoting and refining "positive civilization and values" within your business.
#2 – Outgoing Leadership
Another of import job aspect is the approachability of visitor or team leadership. Not only does this refer to the pinnacle positions, simply an employee'south firsthand supervisor.
Approachable leadership allows and even encourages employees to talk with their managers about everything from work issues to future career plans.
"People leave or stay for their managers, not jobs or companies," says Clark. This idea matches the Gallup report, How Millennials Want to Piece of work and Alive, which establish that the 61% of millennial workers who feel they tin can talk to their managers virtually anything expect to still be with their employers one year from now.
Phillip Wilson, president and full general counsel of HR consulting firm Labor Relations Found Inc. agrees that leader approachability is critical to employee happiness.
"Our inquiry finds that this one factor lonely is correlated to 89% of employee satisfaction, 88% of willingness to become above and beyond at work, and a 71% subtract in turnover intention," he says. Still if an employee feels that their managers aren't willing to mind, they'll look for a chore with a manager who will.
"Employees exit managers, not companies," says Wilson.
Related: Harmful Micromanagement: How to Switch to an Autonomous Workplace
#3 – Opportunity to Grow in the Workplace
Employees today besides value the opportunity to develop and abound – maybe even across the office they were hired for. This is especially true of millennials, as shown by a number of studies.
According to the Gallup report, 87 pct of respondents said evolution opportunities are an important job characteristic. Additionally, the LaSalle survey constitute that 71 percent of respondents said opportunity for growth was the number ane cistron when because a new role. And Pew Inquiry Center's 2016 Written report on The State of American Jobs states that 87 per centum of workers believe they'll need additional grooming and skills to keep up with electric current and future changing technology in the workplace.
In evaluating professional development offerings and opportunities to grow, employees may expect for employer-offered online preparation or onsite workshops, and visitor support as they pursue boosted work-related education.
"People feel valued and rewarded when their company makes an investment in their growth," says Clark.
Related: An Over 30s Guide to Recruiting Millennials
#4 – Flexibility for Balancing Piece of work and Life
Flexibility at work for balancing professional and personal lives is some other key feature today's employees value above bacon.
Although people of all ages and life stages may value the option to work a compressed four-day work calendar week, an before or later outset engagement, or the opportunity to work remotely, it'southward particularly important to parents.
In fact, a survey by the popular online task lath FlexJobs constitute that 84% of working parents said piece of work flexibility is the number 1 most important gene in a job, with piece of work-life residual a close second at 80%. Furthermore, 50% of the LaSalle survey respondents said work-life balance ranked third in order of importance when considering factors of a new role.
Related Content: How Mobile is Transforming the Workplace
#five – Recognition
It's natural for an individual to want recognition for an outstanding operation, and within the workplace, this can be even more than valuable.
"People desire appreciation for the personal value they bring," says Clark. In fact, a 2016 Gallup analysis found that this want is so potent, workers are twice as likely to quit within the next twelvemonth if they feel their work hasn't been recognized.
Vincent Nero, VP and general managing director of online rewards and recognition business organisation Successories.com, believes that recognition is the number one thing employees crave.
"Outside of functioning awards, which continues to show a huge bump in employee happiness and engagement, years of service or anniversary awards brand employees experience valued," says Nero. "Our studies have shown that companies with years of service awards retain employees an average of two years longer than companies that don't."
As with several of the other things employees value over money, Nero says that recognition has an "amazing ROI" compared to doling out bonuses and salary increases.
"Our partners and surveys have continuously reported that coin is easy just ineffective at delivering engagement, productivity, and retention," says Nero. "An employee might say they want more money, but what they need is to exist recognized."
Although coin is still a significant factor when it comes to a job, it simply doesn't compensate for an unhappy work environment.
This mail service was originally published July six, 2017 and has since been updated.
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Source: https://www.zenefits.com/workest/5-things-employees-value-more-than-salary/
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