70% of workers consider themselves passive job seekers, reveals GCS Recruitment
GCS Recruitment has released its Market Insights 2017.
The company, which spoke to 1,752 candidates and 826 clients, found that 70% of workers consider themselves as passive job-seekers. When considering a new role, aside from money, the factors most likely to influence someone to change roles are location, the role and working environment.
32% believe no special treatment is needed to attract Generation Z. 22% believe wages need to be in line with the current cost of living co attract Generation Z, while 19% believe they want a modern workplace, 16% believe they’ll want an increase in flexible working and 11% believe they’ll want a tailored benefits package.
With regards to working environment, 59% of companies have increased flexible working options during the year. Open plan offices are the most popular (38%) choice amongst employees, although the recent idea that we go to “a workplace” instead of “the office” has resulted in the rise in popularity of “flexible work-spaces” (27%), and new technologies have allowed for more accessible working from home (22%).
Employers however may have a different idea to what makes the perfect working environment. 68% believe hot-desking has a negative effect on productivity, despite most offices having now moved away from closed/cubicle offices.
Employers recognise what makes a workplace a great place to work, with 48% saying the people. 24% said the company culture, 14% said the project/work, 9% said the working environment and 5% said pay and rewards. To retain key staff, 39% of employers have increased salaries. To improve work/life balance, 44% would like the option to work from home, 23% would like flexi-time, 14% would like compressed hours, 11% desire holiday time and5% wish for a sabbatical. According to the research, 70% are currently satisfied with their work/life balance.
When it comes to pay and rewards, bonuses were awarded at most (79%) organisations in one form or another, with the majority (36%) offering them as part of a yearly scheme. However a number of employers (28%) offer bonuses only if the company exceeds financial targets, and 22% offer none at all.
Employees are generally content with their pay and rewards – 62% believe their remuneration package is average for their industry, with an equal amount (19%) believing theirs is either below or above average.
26% of employers believe their remuneration package is below average. In contrast, 58% of employers believe what they offer is average. Employers should address this as they know what keeps people in their organisation happy - 38% believe pay and rewards have most impact on employee satisfaction, and 22% believe Gen Z will demand more money than other generations.
With regards to training, the hunger for skills development is higher than ever, with a 7% increase from last year to 67% of employees feeling unhappy with the amount of training support they have received. Despite the majority of employees being unhappy, 40% of employers say they have increased the amount of training on offer this year, with a further 50% keeping it at the same level.
Most companies (55%) offer training as part of a career development plan, although judging by the dissatisfaction, perhaps not often enough – 17% of employees have to request training themselves, and 3% of employers offer no training at all.
The most popular training method is traditional in-house training, but employers also like to put their trust in professional training methods with 27% sending their staff to gain industry accreditations. Easy-to-access technology has resulted in 20% of employers believing online training and webinars are the best way to train their staff.
With regards to Brexit, aside from a little caution immediately after the result, there’s no evidence to suggest it’s had much impact on hiring. 89% of companies say Brexit has had no impact on their recruitment activity so far, and 46% of companies say their recruitment activity will remain the same in 2017, with 43% saying they are actually going to hire more as opposed to 11% hiring less.
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