Seven in Ten workers claim satisfaction with current jobs, but many still on the hunt for something new, According to CareerBuilder India Survey
- 63 per cent of workers regularly look for new opportunities despite being employed
- Workers name top factors that contribute to job satisfaction
Gurgaon, India –2ndApril 2015 – When it comes to what compels workers to stay in their current jobs, is satisfaction enough? A newly released survey from CareerBuilder India indicates that job satisfaction may not necessarily equal job loyalty. According to the survey, while 71 per cent of employees report being “satisfied” or “very satisfied” in their jobs overall, more than 63 per cent say they regularly look for new opportunities.
The nationwide online survey of more than 1000 employees looked at worker satisfaction as it pertains to work/life balance, career advancement and learning opportunities, as well as the factors that have the biggest impact on job satisfaction.
Why Are You Satisfied at Work?
Of the workers who feel satisfied in their jobs, most (59 per cent) said their salary contributes to their feelings of fulfillment at work. Other reasons contributing to high satisfaction include:
- Job title: 54 percent
- Good work/life balance: 49 percent
- Ability to innovate: 45 percent
- Like the people they work with: 45 percent
- Training/learning opportunities: 44 percent
- Benefits: 39 percent
- Feeling valued: 37 percent
- Defined career path: 33 percent
- Having a flexible schedule: 32 percent
- Job autonomy: 30 percent
“As the labour market opens up and new opportunities arise, workers are beginning to consider their options – three in five workers regularly look for new opportunities despite being satisfied,” says Rosemary Haefner, Chief Human Resources Officer.
“Our findings show that workers want jobs where they not only feel they can make a difference and are recognised for their accomplishments, but have a healthy work/life balance. Implementing programs that meet these desires can go a long way toward incentivising employees to stay.”
Career Advancement, Training Opportunities and Work/Life Balance
Looking at specific aspects of the job, satisfaction levels vary, but remain positive. The majority of employees (71per cent) report being “satisfied” or “very satisfied” with career advancement opportunities at their current employer, and one in ten (9 per cent) are “dissatisfied” or “very dissatisfied.”
When it comes to training and learning opportunities, 75 per cent are “satisfied” or “very satisfied” with their options, while nearly 1 in 5 (17 per cent) are neutral. Only 8 per cent report being dissatisfied.
Most workers have little complaint in the area of work/life balance as well, with 76per cent of workers are “satisfied” or “very satisfied, while only 8 per cent are dissatisfied.
In present times when future of the economy is looking positive, there are many opportunities coming up for jobseekers and the scenario looks even better, going forward. According to Mr Premlesh Machama, MD, CareerBuilder India, “In this situation, job satisfaction will always be a subjective thing which may change and differ from employee to employee. For some job satisfaction may be linked to job content, for some it may be linked to job roles & for some it may be linked to earnings.” He added, “Though as said, job satisfaction is subjective, going forward in my sense the index of satisfaction will grow stronger as the businesses will be looking for entrepreneurship & Intra-preneurship so the time ahead in the job satisfaction index may look better.”
The survey was conducted among 1003 employees in the India. The interviews were conducted online by Redshift Research in January & February 2015 using an email invitation and an online survey.
Results of any sample are subject to sampling variation. The magnitude of the variation is measurable and is affected by the number of interviews and the level of the percentages expressing the results. In this particular study, the chances are 95 in 100 that a survey result does not vary, plus or minus, by more than 3.1 percentage points from the result that would be obtained if interviews had been conducted with all persons in the universe represented by the sample.
About CareerBuilder India
CareerBuilder.Co.In is India’s fastest growing online jobs site. CareerBuilder connects thousands of job seekers to top companies each day. We are changing the way companies around the world recruit their most important asset, their people. Our mission is to be the global leader in online recruitment advertising by being an employee-driven, customer-focused organization that provides the best rate of return to our stakeholders.