Recognition is worth more than pay, survey finds

Employees in search of job satisfaction rate being recognised for their work far above pay, according to research.

A survey by recruitment company Reed found staff are happiest when they feel their employer appreciates the hard work they put in. The research found a financial benefits package is rated by employees as only the sixth most important factor in achieving job satisfaction.

After recognition, staff single out opportunities to progress with their current employer and a feeling that they are well matched to the organisation as important. This is followed in fourth and fifth places by fulfilling tasks and good relationships with colleagues.

The findings are based on 527 responses to an on-line questionnaire.

Mark Williams, head of assessment at Reed, said, “No one is saying money isn’t important. Of course it is. But there’s much more to motivation than money. Non financial benefits are at least as important as the amount you earn.

“Employees are now looking for a job that offers them genuine fulfilment in an organisation that shares their values.”

www.reed.co.uk

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