For most, it’s not about the money
AUSTRALIAN workers buck global trends of choosing and swapping jobs based on pay.
ManpowerGroup Solutions report Below the Surface: Emerging Global Motivators and Job Search Preferences reveals only 33 per cent of Australian respondents consider compensation an important factor in their career decisions, compared to 54 per cent globally.
In Australia, the main factors are the type of work (72 per cent) and geographic location (52 per cent).
Least important factors are brand reputation (21 per cent) and opportunity for advancement (26 per cent).
But of those citing opportunity for advancement, 40 per cent are from Generation Y, suggesting younger workers are more motivated in their careers.
ManpowerGroup Solutions general manager Sue Howse says widening skills gaps and a competitive business environment means it is more crucial than ever for employers to understand how to source key talent and how to retain them in the long-term.
“As the talent shortage grows, making it more difficult to find candidates with the right skills, businesses need to understand what job seekers are looking for,” she says.
“People with in-demand skills are making different career choices today based on lifestyle preferences and beliefs, which complicates traditional recruitment models and forces companies to think differently about their recruitment and workforce management strategies.”
Another finding from the report is that Australians prefer in-person interviews. Two thirds (67 per cent) say an inperson interview with a hiring manager is best, followed by an in-person group interview (12 per cent).
Video introductions about professional experience and aspirations is the least preferred method (2 per cent).
Businesses need to understand what job seekers are