The Limited Times

Now you can see non-English news...

Study: Higher salaries can discourage employees from changing jobs

2022-09-23T05:39:31.343Z


Study: Higher salaries can discourage employees from changing jobs Created: 09/23/2022, 07:30 By: Carina Blumenroth Salary – an issue that seems to be particularly important to people in times of crisis. According to a study, many would be happier with a higher salary. The prices for electricity, gas and the general cost of living are increasing. The only constant for many – the salary. In ord


Study: Higher salaries can discourage employees from changing jobs

Created: 09/23/2022, 07:30

By: Carina Blumenroth

Salary – an issue that seems to be particularly important to people in times of crisis.

According to a study, many would be happier with a higher salary.

The prices for electricity, gas and the general cost of living are increasing.

The only constant for many – the salary.

In order to support the citizens, the federal government has launched relief packages.

For example, one includes the energy flat rate of 300 euros for employees.

Some people already have them in their accounts – the money is paid out with their salary.

To find out how important salary is for job satisfaction,

Avantgarde Experts

commissioned a study from

YouGov

.

Read what happened below.

Would you like more tips on the subject of jobs and careers?

Then follow our news pages on the career portals Xing and LinkedIn.

According to a study, this makes employees happier

The three most important points for employees in connection with job satisfaction are:

  • More salary: 62 percent |

    in the group of 18-34 year olds: 64 percent

  • Flexible working hours: 38 percent |

    in the group of 18-34 year olds: 40 percent

  • Open communication in the company: 30 percent |

    in the group of 18-34 year olds: 32 percent

Higher salaries can discourage employees from changing jobs.

© Ute Grabowsky/Imago

According to this study, the following points are rather unimportant:

  • Child care: 7 percent |

    in the group of 18-34 year olds: 8 percent

  • Opportunity to take parental leave without endangering your career: 11 percent |

    in the group of 18-34 year olds: 20 percent

  • Employer stands up for climate protection: 15 percent |

    in the group of 18-34 year olds: 18 percent

“Interesting work content” is mentioned in the upper mid-range of the categories for job satisfaction; at 23 and 26 percent, these are significantly lower than the salary factor.

In general, it can be observed in the study that the wishes of younger employees (18 to 34 years) are more pronounced.

Those responsible point to the fact that younger employees were more likely to use multiple entries in the study and therefore filled out more than older employees.

Termination of the employment contract: the most important facts that everyone should know

View photo gallery

Salary as a factor that keeps employees?

In the first part of the study, those responsible found out that one in five people is currently thinking about changing jobs or is striving to do so.

Among younger employees, this is already one in three - however, according to

Avantgarde Experts

in a report, this is around 17 percentage points less than in 2019.

This can be explained by the desire for security in times of crisis.

Those who still want to change can be persuaded with more salary, as the study shows.

64 percent of 18- to 34-year-olds are encouraged to change jobs by a higher salary.

Avant-garde experts

Conversely, this also means that employees can be dissuaded from changing jobs if, for example, they receive a salary increase from their current employer.

In this way, the bond with the company is “bought”.

According to the study, this may be a short-term success.

Open communication and better training opportunities can also keep people from changing jobs.

Don't miss anything: You can find everything to do with careers in the regular careers newsletter from our partner Merkur.de.

One in three is negotiating for a higher salary this year

However, money plays a major role this year.

The increasing costs are not simply passed over to the employees.

One in three will go into salary negotiations this year - this is increasingly the case for men (35 percent).

Only 24 percent of women engage in salary negotiations.

30 percent is a lot – especially if you take into account those who cannot negotiate at all because of a collective bargaining agreement.

Against the background of record inflation and rising living costs, the need for more wages is absolutely understandable.

However, this raises the question of how far companies can go in the current situation.

Philipp Riedel, CEO of Avantgarde Experts

At the same time, around 60 percent of those surveyed stated that they received little or no relief from their employer.

Relief can, for example, take the form of fuel vouchers or discounts on local transport tickets.

However, it is also important that if employees have to choose between a high income and a secure job, around 74 percent will choose the secure job.

Employers have to build on that, as Philipp Riedel says: "And that's exactly where the opportunity for employers now lies: to examine how jobs can be designed as safely and long-term as possible.

A basic responsibility of every entrepreneur, which now counts even more and can currently be decisive in terms of attracting and retaining talent.”

Source: merkur

All life articles on 2022-09-23

You may like

Life/Entertain 2024-03-23T08:04:21.079Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.