The five most important aspects of a job are job security, benefits, compensation, opportunities to use skills and abilities, and work safety, according to surveys completed by the Society for Human Resource Management (SHRM). Prior to 2008, benefits and compensation were the most influential factors in employees job satisfaction. However, by 2009, job security became the most important aspect of a job, according to the SHRM. The study also indicated that those employees who felt their jobs satisfied the most important criteria were likely to stay in their current positions.
Job security, the probability that an individual will keep his job, has become one of the most important aspects of a job. According to a 2009 survey by SHRM, 30 percent of employees believed that they may lose their job. Seventy-two percent of HR professionals agreed that job security was the number one most important aspect of a job. Workers are trying to enhance their job security by making themselves more attractive assets says an article by Reuters. Employees are dressing sharper, staying tech savvy, building relationships with senior management and other employees in their professional network and helping with company's long term projects.
Sixty percent of employees said that medical benefits were a top criteria for a job, according to a 2009 SHRM survey. In addition, 39 percent of employees believed that pension plans were important. Benefit plans help employees protect themselves against unexpected expenses and save for the future. Companies offer medical benefits for employees to pay for health care expenses if they become sick and to help employees save for retirement. Only 52 percent of employees said that their company has a healthcare benefits program, according to an article on Thomsons Online Benefits.
In 2009, 59 percent of employees said that compensation was the most important aspect of a job, according to a study by SHRM. Compensation is the amount an employee is paid. Compensation is often a reason why employees leave one job for another. Six out of ten employees said that they would leave their current position if they were offered a job that included 30 percent more in compensation, according to SHRM's 2009 study.
Opportunities for Use of Skills and Abilities
Opportunities for use of skills and abilities was the fourth most important aspect of a job, according to a 2009 SHRM study. About 55 percent of employees told SHRM that this was an important aspect of the job because it increased their feelings of job security. By using their skills, employees felt they were contributing to their company's overall success and could potentially advance their careers and increase their compensation.
Feeling Safe at Work
Fifty-four percent of employees agreed that feeling safe at work was an important aspect of a job, according to a 2009 study by SHRM. Employees want to feel that their organizations are prepared for disaster, are taking the proper precautions to protect employees from hazards and workplace violence, and had security systems in place. Employees that felt that businesses had the proper preventative measures in place for emergencies were more productive because they were less worried about dangers in the workplace. This was more important to women employees than male employees.
- PRNewswire; SHRM Annual Survey Lists; June 24, 2007
- Prime Resources: Exploring the Link Between Compensation and Job Satisfaction
- Society for Human Resource Management: 2009 Employee Job Satisfaction
- "The Wall Street Journal"; Number of the Week; By Justin Lahart; September 10, 2011
- Thomson's Online Benefits: More Employers Offer Pensions than Healthcare
- Safety BLR.com; OSHA Addresses Workplace Violence; Sept 9, 2011