The survey highlighted a prevailing sense of immediacy among workers, with many seeking new positions if they fail to secure promotions or substantial salary increases. Furthermore, the study uncovered widespread dissatisfaction regarding pay fairness and deserving promotions. Notably, work-life balance emerged as the top priority for job seekers, surpassing salary, relationships with colleagues, training, and professional growth.
55% are job hunting
The research conducted by Michael Page and Great Place to Work, as reported by El Pais, shed light on the pressing issue of job dissatisfaction and the quest for greener pastures among Spanish workers. A staggering 55% of employees are actively engaged in job hunting, a trend fueled by a sense of urgency prevalent in today’s fast-paced world. Jaime Asnai, the general director of PageGroup Spain, underscored the growing impatience among employees who, when denied promotions or substantial salary increments, swiftly explore alternative employment options.
A significant 52% of workers expressed a lack of confidence in receiving fair compensation, while 54% doubted the fairness of promotion decisions.
The findings from Great Place to Work further deepened the narrative of discontent within the Spanish workforce. A significant 52% of workers expressed a lack of confidence in receiving fair compensation, while 54% doubted the fairness of promotion decisions. These statistics provide compelling evidence that the majority of employees are proactively seeking new job opportunities due to feelings of underappreciation and inadequate rewards for their efforts.
Work-life balance the primary reason
The study also highlighted the paramount importance of achieving a work-life balance for job seekers. A striking 59% of participants cited work-life balance as the most significant factor influencing their decision to explore new employment options. Surprisingly, this factor surpassed traditional motivators such as salary (54%), relationships with colleagues (44%), training opportunities (35%), and professional development prospects (34%).
A striking 59% of participants cited work-life balance as the most significant factor influencing their decision to explore new employment options
As employees increasingly seek fulfillment beyond monetary compensation, organisations must respond by reevaluating their policies and practices. Flexible working hours, remote work options, and comprehensive well-being programs are just some of the measures that companies can adopt to meet the demands of their workforce. “Those that do not do so will lose competitive power with respect to the rest”, Asnai concluded.
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