Over half of population are not being motivated by employers says joint survey.
Robert Walters & CV-Library publish findings.
Research undertaken by recruiter Robert Walters and job board CV-Library has found almost a third (31 per cent) of UK professionals feel their expectations are ‘not being met at all’ by their current employer. The research also found a further 24 per cent feel their needs are only just ‘moderately’ being met.
The dissatisfaction was most prominent in the Wales (70 per cent), South West (68 per cent), Scotland (67 per cent), Yorkshire & Humber (64 per cent), and West Midlands (60 per cent) – where workers claim that employers were falling short of meeting their professional and personal aspirations. Industries with the least satisfied employees are in Secretarial & Business Support (47 per cent), Retail (34 per cent), Manufacturing & Engineering (34 per cent), and Health (32 per cent). The findings make up the report Meeting demands through the job offering.
“With Brexit on the horizon and a challenging time ahead, it is important now more than ever that employers retain top talent – central to this is keeping staff happy and motivated,” said Chris Hickey, CEO at Robert Walters. “Given that 55 per cent of professionals claim that their employer is failing to meet their career expectations, it is concerning how slow companies are to act towards better understanding their employees’ needs.”
Salary continues to be the biggest driver for the nation’s workforce – with almost two thirds (62 per cent) stating that this is the most important factor in a job offering. This was particularly prevalent in London, where almost three quarters (69 per cent) – more than the national average – stated that salary was the most important factor in a job offer. In contrast, only a third of employees in the North East stated this as important to them.
Employees in traditional professional industries placed the biggest focus on pay, with those in Legal (76 per cent), Banking & Financial Services (75 per cent), Account & Finance (66 per cent), HR (69 per cent), and Technology & IT (65 per cent) stating that salary was their biggest motivator.
This was not the case for employees within the service industries, where only a third stated that salary was important to them – Education (35 per cent), Retail (36 per cent), and Healthcare (39 per cent).
Soft benefits are increasingly playing a more prominent role in keeping employees happy, with many claiming that work-life balance (61 per cent), flexible working hours (39 per cent), and cultural fit (25 per cent) are crucial to keeping them happy at work. In fact, over a third (36 per cent) stated that they would move roles if it offered a better lifestyle, followed by 31 per cent who would move for a better career opportunity.
Desire for a better lifestyle was most sought after by professionals in Yorkshire & Humber (50 per cent), North West (42 per cent), East of England (40 per cent), and Scotland (38 per cent) – who all listed this as the main reason they would move job roles or location.
It seems dissatisfaction is pushing the UK workforce to consider alternative career paths. Almost half (40 per cent) of UK workers would consider working in a temporary, interim or contract position in order to meet their personal and professional needs – this was most prevalent in Technology & IT (48 per cent), Procurement & Supply Chain (46 per cent), and Banking & Financial Services (45 per cent). For professional industries (41 per cent) – such as Banking & Financial Services, Legal, and Tech & IT –‘ higher hourly pay’ was the leading reason why employees would consider contracting.
For the creative industries (36 per cent) – such as Marketing, Advertising and PR – ‘more flexibility’ was the leading reason why employees would consider contracting or interim work. Professionals in the service sector (30 per cent) – such as Education and Retail – considered contract work as an opportunity to ‘learn new skills’.
Employees in people-focused roles (25 per cent) – such as HR, Healthcare, and Secretarial & Business Support – saw interim and temp work as an opportunity to ‘gain experience across a variety of industries’.