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According to Glassdoor, Employees Aren’t Only After Higher Salaries

Finance By
U.S. Dollar bills are arranged for a photograph in New York, U.S., on Tuesday, July 26, 2011.The dollar slid to a record low versus the Swiss franc, stocks fell and the cost of insuring U.S. debt rose to a 17-month high as Democrats and Republicans continued to wrangle over competing plans to cut the deficit. Photographer: Scott Eells/Bloomberg
Research shows money isn’t what matters most to employees. (Scott Eells/Bloomberg)

 

Indeed, salary is significant and employees very much want to get paid, but as Glassdoor found, there are areas of greater importance in making employees happy. Exploring the data from 600,000 users, they attempted to determine just what attracts employees and makes them stick around for the long haul.

Kristin Wong delved into the research for Lifehacker‘s Two Cents. She writes:

“Overall, [Glassdoor] found that culture and values were the biggest predictor of employee satisfaction, at 22 percent of the ‘pie.’ Leadership quality was also important (21 percent) along with career opportunities (18 percent). Positive business outlook, work-life balance, and compensation and benefits were actually the least impactful predictors of employee satisfaction, according to Glassdoor’s analysis.”

Again, pay matters. But as it increases, employees start to think about other concerns. It’s a useful reminder for businesses looking to attract and retain top people that a carefully organized environment can have every bit the appeal of a lucrative one. To read more about the study, click here.

RealClearLife Staff