Money and benefits are important, we all know. But is workplace culture even more important to building a satisfied work team? A survey from the Society for Human Resource Management suggests that’s very much the case.
SHRM does an annual survey on employee satisfaction, and this year’s results found more workers reporting job satisfaction that at any time since 2004.
But SHRM added some new “satisfaction factors” to this year’s survey that revealed significant information what’s really important to job satisfaction.
The most revealing were: “Respectful treatment of all employees at all levels,” and “Trust between employees and senior management.”
The first was rated as the most important factor by the most respondents at 72 percent. The latter was ranked No. 1 by 64 percent. Both were rated more highly than financial factors, as benefits clocked in at 63 percent and pay at 61 percent.
In other words, employees are looking for much more from a job than pay and benefits.
Meanwhile, SHRM attributed much of the increase in overall satisfaction — from 81 percent in 2013 to 86 percent last year — to the economic recovery.
Some of the highly ranked factors weren’t surprising. Even in a recovery, folks still want job security, with nearly 60 percent ranking it as No. 1.
A good boss mattered most to 58 percent of those surveyed, and opportunities to use skills and abilities also garnered 58 percent.
Other findings included:
• 88 percent said they were determined to accomplish their work goals;
• 76 percent said they had a clear understanding of their organization’s vision and mission;
• 74 percent said they were highly motivated by work goals, which is an increase of 10 percentage points from the year before.
Apprentice Personnel has assisted employers with their short- and long-term staffing needs since 1991.
About the Author
Lon is the former publisher of the Colorado Springs Business Journal and Colorado Springs Military Newspaper Group.He has served in leadership roles at various newspapers in Iowa, Florida and Wisconsin. Lon received his Bachelor of Arts in Communications from the University of Wisconsin, Eau Claire and attended the Kellogg Graduate School of Management at Northwestern University. Earlier in his career, Lon spent several years as a sea captain and held a 100-ton Coast Guard license. Lon is a former rugby player, referee and administrator and now coaches under 13 year old kids. Lon has served on the boards of numerous community and business organizations including Colorado Springs Leadership Institute, Peak Venture Group, CS Quality of Life Indicators Business Index Committee, Junior Achievement and is a member of The Colorado Thirty Group. Lon was given the “Making the Pikes Peak region a better place to live work and play” award by the CS Chamber of Commerce, was the VFW Post 1’s business citizen of the year.