Creating a Thriving Workplace: The 5 Key Factors Employees Value
Employee satisfaction and well-being are critical components for a successful and productive workplace. Understanding what employees value most in their job can help employers create a positive and fulfilling work environment.
Our recent research delved into the opinions and perspectives of employees and job seekers, uncovering the top 5 things that are important to them. From pride in their employer's brand to fair pay and diversity, equity, and inclusion, this article provides valuable insights that can assist in creating a workplace where employees feel valued and appreciated.
We asked and employees spoke up. Our recent employer branding research allowed employees and job seekers to share their thoughts and opinions on the work environment. The insights gathered can help companies improve their workplace culture, or acknowledge their strengths to retain current employees.
Company Brand Pride
Having a strong public image is crucial. A majority of employees surveyed, 70%, emphasized the importance of having a brand they can be proud of and promoting the company's values and culture by leadership. If employees feel proud to work for their company, it's likely due to a positive company culture cultivated by management. If not, it may be time to seek employment at a company they can support with pride.
Fair Compensation
There is a discrepancy between what employees believe their employers should provide in terms of pay and what is currently being offered. 81% of employees surveyed believe it's important for their employer to offer fair and equitable pay, however, only 66% are satisfied with their current pay. If employees feel they are not being paid fairly, they should consider discussing it with their manager or seeking a raise.
Benefits and Well-being
Benefits play a significant role in an employee's well-being. 75% of employees surveyed believe it's important for their employer to support their well-being through great benefits, however, only 65% are satisfied with their current benefits package. As companies aim to attract the best employees, it's essential to keep their benefits packages competitive. Employees can also suggest ways to improve their benefits package.
Diversity, Equity, and Inclusion (DEI)
Diversity and inclusivity should not just be words on a company's website but something employees can see in action. In our survey, 41% of employees were dissatisfied with the sharing of DEI goals and progress. Companies should respond to employee feedback seeking inclusivity and be transparent about their DEI program. Consider leaving anonymous feedback on Glassdoor if DEI is important to you, and if the company does not take action, consider seeking employment at a company that prioritizes DEI.
Transparency
Transparency is essential for a third of the workforce surveyed. This includes pay transparency and honest and authentic communication from management. Employees want to see measurable efforts by leadership to respond to employee feedback and make changes based on employee needs. When seeking a new job, ask about the company's transparency practices and how they respond to employee feedback. "
