When last we looked at what motivates employees it was through an InformationWeek survey and analysis in mid-2008. Three years later and the publication has issued an updated ranking of what matters to employees.
- In 2008 the top three condistions of satisfaction were:
Base Pay
Benefits
Challenging Job
2008 Salary Survey Three Years Ago
- What are the top 5 criteria that employees cite as important to them (as printed in the May 30, 2011 issue) three years later?
Base Pay
Job And Company Stability
Benefits
Flexible Work Schedule
My Opinion And Knowledge Are Valued
Note: these are presumably IT workers
The top 3 criteria are similar with ‘stability’ having crept in possibly due to the main street recession in which some of the world has been mired.
Interestingly, and perhaps coincidentally, elsewhere in that edition of the magazine, an article titled 4 Steps To Spark Innovation notes that “in the first quarter of 2011, 20% of S&P 500 companies reported that their revenue exceeded prerecession peaks. Many more will reach this milestone before the end of 2011.”
Is senior management listening? Will the stock market care? Will Wall Street/Bay Street think longer term and note what makes companies tick (think Google’s announcement regarding salaries)?
*Things That Need to Go Away: ‘motivational’ e-mails from the CFO that share prices are up or earning are either up or steady (but employment, benefits, perks or salaries will be slashed).
