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A 1996 Yankelovich Partners/Fortune
Magazine study
rated the most important factors in determining employee satisfaction.
In descending order, they are:
-
Feeling like I've done a good
job
-
Impacting business decisions
and success of my clients
-
Taking control of my own destiny
-
Balance between work and family
-
Making a difference in the lives
of others
-
Recognition from peers and bosses
-
Money
-
Possibility of promotion
-
Benefits
-
Thrill of taking risks
-
Power
-
Job title
You may have noticed that money
came SEVENTH in order of importance. That's welcome news because it suggests
you can make your employees feel good about themselves and their jobs,
even if you aren't able to offer them company cars and first class plane
tickets.
This is where intangible
benefits come in. Examples of intangible benefits are flexible hours, comfortable
working conditions, and supportive management. These compensations may
not help pay the mortgage, but they can make a great difference in the
quality of an employee's life.
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