In these uncertain times, it is even more imperative to hold onto your valued members of staff. Bonuses may be low or even non-existent; redundancies may have lowered your overall staff morale; even a bad Summer can have a negative affect on people’s attitude.
Or, if you are lucky enough to be recruiting staff, what can you offer to keep them loyal?
As a local recruitment service, we too, like to know what our candidates are looking for in a company. So we asked them!
We recently polled our entire candidate database to find out what makes people stay at a company. Some of the results are quite surprising!
Here are the questions and results:-
How did you find your current job?
Recruitment Agency | 51.10% | |
Internet | 19.10% | |
Newspaper | 8.50% | |
Referred by a friend | 21.30% |
How long have you been with your current company?
Under 12 months | 44.70% | |
1 -2 years | 23.40% | |
3 – 4 years | 12.80% | |
5+ year | 19.10% |
In conjunction with question 1, this could portray an increase in the use of temporary staff. People having found their job via a recruitment service and have been with their current employer for less than 12 months.
Why have you stayed in this role?
Lack of jobs elsewhere | 27.70% | ||
No progression here | 6.40% | ||
I like my job | 36.20% | ||
I like the people | 34% | ||
pay is better than elsewhere | 10.60% | ||
I’m looking to leave | 34% |
This response is encouraging as it shows job satisfaction is still more important than money.
If you were looking to leave what would tempt you to stay?
More money | 61.70% | |
flexible hours | 19.10% | |
Promotion | 25.50% | |
better benefits | 25.50% | |
change of job role | 34% |
But job satisfaction obviously isn’t the be all and end all……………….
What support is important to you at work?
Training | 59.60% | |
Personal development | 63.80% | |
Benefits | 27.70% | |
Occupational Health | 6.40% | |
Regular pay rises | 36.20% |
Training and personal development score very closely, but it appears the development required by employees may not always be to benefit the company.
If your company could only reward you in one way, which would you prefer?
More money | 38.30% | |
Time off | 12.80% | |
Team events | 8.50% | |
Vouchers | 2.10% | |
Just saying thank you | 38.30% |
This frankly amazed me! We knew “thank you” was powerful, but do we really understand how powerful?
This simple questionnaire just goes to show that no matter how important money may be, employees are still looking to be invested in, offered training and most of all – thanked for their hard work.
If you can offer any insights into this or have anecdotal evidence to share, please add to this blog.
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