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Latest News

Pay less important than development for staff

by Personnel Today 5 Jul 2004
by Personnel Today 5 Jul 2004

Across
the globe, workers want ongoing personal development and training and a healthy
work-life balance more than a decent basic salary package, according to a new
survey.

The
research of 8,000 people worldwide by recruitment consultancy Robert Walters, found
more than a third (34 per cent) of staff said opportunities for ongoing
training and personal development are most important when considering taking a
new job.

Only
8 per cent said the quality of the benefits package is the most important
consideration.

The
UK and Singapore were the odd ones out, where basic salary was rated as more
important than ongoing training, personal development or work-life balance.

Susan
Major, director of Robert Walters Human Resources recruitment division in the
UK, said the results of the survey showed a shift in people’s mindsets from a
bias towards finances, towards personal fulfilment and lifestyle choice.

“In
the UK, although basic salary does still rank as the number one consideration,
more and more candidates are stating work-life balance and personal development
as key to a career decision,” she said.

The
results of the survey are:

–
34 per cent said opportunities for ongoing training and personal development
are most important

–
32 per cent believe that a work-life balance is paramount

–
26 per cent believe that basic salary is the most important consideration

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–
8 per cent said the quality of the benefits package is the most important
consideration

By Michael
Millar

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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