A new survey by Kelly Services suggests New Zealand employers may not have to splash the cash to hold on to top talent.
The company surveyed almost 170,000 people across all generations in 30 countries. It pulled together the results in a new report, “Acquisition and Retention in the War for Talent”.
Kelly Services MD Debbie Grenfell says the results from Kiwi respondents show personal fulfilment – through a strong work/life balance – as well as opportunities for personal growth and advancement are the most important considerations when looking at a new role, as opposed to salary and benefits.
Almost half (48 percent) of Kiwi respondents cite personal fulfilment as the most important consideration, 37 percent opt for opportunities for growth/advancement, while only 10 percent say financial compensation or benefits drives their decision to choose a particular job.
New Zealanders are far more likely to look for work/life balance, with 39 percent internationally saying this is their most important consideration.
“The key here is that employers need to look at a range of ways to engage their staff – giving them opportunities to maintain a good work/life balance and derive ‘meaning’ from their work,” says Grenfell.
“The sorts of things employees prioritise to make their work more meaningful are the ability to excel in their chosen field (76 percent), having a connection with co-workers (53 percent) and work that aligns to their personal values (41 percent).”
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