Work-life balance more important than pay for employees worldwide
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Annual survey finds workers have ‘multifaceted expectations’ after changes cause by Covid pandemic. Work-life balance has soared in importance for workers around the world, becoming their top motivator and pushing pay into second place, according to an annual international survey of thousands of employees.
It is the first time that finding or keeping a job that fits in with the rest of their lives has outranked salary in the 22-year history of the international recruitment company Randstad’s annual review of the world of work, highlighting the corporate revolution caused by the coronavirus pandemic.
Work-life balance was the highest-ranking factor for staff for their current or future jobs for 83% of the 26,000 workers surveyed across 35 countries, in line with job security (83%), and slightly ahead of pay (82%). The research underscores the new baseline for the world of work, the Dutch company said, where workers demand more from their employers, even in the face of a challenging economic environment and technological changes.
Almost half (45%) of respondents said they had campaigned for better conditions at work, while almost a third (31%) reported having left a job because it did not offer enough flexible working. “Work today is about more than just a pay cheque. Talent globally are looking for workplaces that align with their personal values, aspirations and circumstances,” said Sander van ‘t Noordende, the chief executive of Randstad.
