Secure Or Satisfied – If It Came To A Choice What Would You Rather Have?
As you probably noticed things have changed in the recruitment area recently. For quite a long time we were all in what was very much an employer’s market. The economy was, if not in full recession, certainly on a slow down and one effect of this was fewer jobs, and more candidates. This is no longer the case, the economy is apparently on the up, business is confident and expanding, and employers may now need to work harder to attract good candidates.
Of course during a time when jobs are a little scarce the need for job security is an important factor in the decisions candidates make. It would make sense that the comfort of knowing your job is safe in the long term would be very important.
Well apparently it isn’t as important as we may think when compared to job satisfaction.
All employers know that a satisfied employee is more productive, loyal and hard working than an unsatisfied one. So what exactly is job satisfaction?
A recent study by academics from Warwick and Wisconsin found that confidence in a manager was the largest contributor to job satisfaction and tenure (the amount of time with employer) was a much lower factor. Interestingly this seemed to centre on the belief that a manager was capable of doing the job of the employee. So faith in the management team is something employers need to promote.
I suppose in the end it all comes down to individuals and personal situation. Obviously long-term security is probably going to be relatively more important to someone with a mortgage and a family to worry about, but there is strong evidence to suggest that it is far from the dominating factor for most employees.
Our advice on this to candidates is to consider what you are looking for in a job beyond the usual considerations of rewards and benefits. For a happy and successful placement you really do need to want the job, and that includes your satisfaction with the role.
For the employer it is very likely that successfully filling a key vacancy will depend on how the candidate sees the job in terms of a potentially satisfying career – as much as competitive pay and rewards.
So before you raise that job specification or apply for that post perhaps we should all ask the question…
Will this position offer job satisfaction?
If the answer to that question is no (or not very much) then it probably isn’t going to attract a strong pool of jobseekers.
If, as an employee, you are trading off satisfaction for job security it may be an indicator that it is time to change, or at least begin looking at your options. If this is the case we will of course be here to advise you.