3 minute read
Survey Insights
All respondents
44%
22% are currently job hunting of respondents expect to change jobs within the next year
Marketing & Digital talent are the highest of all divisions currently job hunting.
This number has decreased from last year.
It was 52% last year, with 30% job hunting.
HR & Talent Acquisition and Business Services talent are least expected to change roles.
More than salary
A third of respondents say that additional annual leave is more important than salary.
8% say nothing is more important than salary.
The top 3 benefits that respondents say are more important than salary:
84% 28% of respondents agree they feel included, respected and safe to be their authentic self in their workplace.
86% of respondents say health and wellbeing initiatives are more important than salary. of respondents agree their workplace is inclusive and respectful of people from different cultures, backgrounds and abilities.
85% of respondents that weren’t born in Australia agree.
82% of respondents that identify as Aboriginal or Torres Straight Islander agree.
What are respondents ideal working model?
16% of respondents say that paid parental leave (in addition to the government scheme) is more important than salary
18% 85% of respondents left their last role due to their direct manager/s. of respondents know what their organisation's values are.
*Flexible hours ranked the highest across all genders and all generations.
The most common top 3 factors that would attract respondents to a new role:
41% of respondents are undertaking study to further develop their skills and expand career opportunities of respondents have considered moving into a new career profession in the last 12 months
*Across all demographic’s salary is on top for number 1 attraction to a new role.
23% of respondents say on-site parking is more important than salary.
“Why are you considering changing professions?”
“I feel like I’ve been burned out by my industry. I enjoy the work, but am exhausted by the culture.”
Lead Analyst
“I’d like to challenge myself and see what’s out there. I have nothing to lose yet everything to gain.”
Partnership Manager
“Looking to change my career to contribute to combating climate change.”
Business Specialist
“Better work life balance, better remuneration.”
Portfolio Manager
“Feel the need to diversify my professional experience and skillset.”
Executive Assistant
Reward & recognition
20% of men said verbal one-on-one recognition was the number one way they like to be rewarded for their work.
Top three ways respondents say they would like to be rewarded for their work
“Would like to upskill and make myself future job safe.”
Talent Acquisition Partner
Respondents are almost three times as likely to prefer one on one verbal recognition over recognition in front of peers.
3 2 1
Lack of career progression Feeling unfulfilled Salary raise 38% 52% 64%
Most common top 3 factors that would attract respondents to a new organisation:
Men: Women:
Culture
Brand reputation
Purpose & vision
Culture Employee benefits Stability
20% of respondents left their last role due to their mental health.
Women are more likely to look for a new role with a higher salary, whereas men are more likely to ask their current employer for an increase
Most common ways organisations are fostering company culture:
1.
Team building activities
Awards & recognition
Ongoing learning & development
“Be transparent about salary, show commitment to mental health through actionable initiatives.”
Learning & Development Specialist
“Employers need to start by putting themselves in the shoes of the employees during this current cost of living crisis and acknowledge that times are hard and people are burnt-out. Ensuring a potential employee knows that they will be looked after is essential.”
Project Manager
“Communicate honestly and often throughout the process.”
Administrator
“Be honest about the role. Clear KPIs and explain the company strategy and how the strategy aligns with the role and how they contribute.”
HR Director
8% say their organisation doesn't do anything to foster a positive culture
61% of respondents have taken action due to the rising cost of living in the past 12 months
29% Look for a new role with a higher salary
15% Ask their current employer for a salary increase
17% Both
Gen Y are most likely to initiate a salary negotiation
Gen Z are most likely to withdraw an application based on the interview process
75% of respondents would engage with a recruiter when considering their next career move.
16% 91% of respondents say technology such as a laptop or mobile phone is more important than salary. of respondents say they know how their work contributes to their organisation's success.
Top 3 factors that respondents say have the most impact on a healthy company culture:
1 Team building activities
2 Ongoing learning & development
3 Health & wellbeing initiatives (including mental health)
Baby Boomers
Health & wellbeing initiatives
Gen X
Regular communication from executives and management
Gen Y & Gen Z
Team building activities
Top 3 reasons respondents left their previous role:
1 Salary
2 Feeling unfulfilled
3 Lack of career progression