If you could piece together your ideal job, what would it look like? When leading independent job board, CV-Library, asked Brits recently, it’s a flexible London-based education job, in a company with less than 250 people, which pays £25,500 per year! What makes an ideal job for you?
A note of caution because the survey focuses on extrinsic motivators rather than intrinsic ones. Undoubtedly, other factors play a part in what people desire. For example, the employer culture, work relationships, purpose, and meaning. Also, data in 2017 from The Office of National Statistics show that 22-29-year-olds had higher expectations of salaries compared with the reality they experienced.
The ideal job
The CV-Library survey of 1,200 workers investigated what the average person wants when it comes to pay, benefits, working patterns and more. It reveals that Brits are after the following from their job:
- Nearly 4 in 10 (39.8%) think a salary of £25,500 is reasonable. 27.5% want a higher pay of £35,500 per year.
- The majority (53.6%) would prefer to work flexi-time, choosing their eight hours between 06:00 and 18:00. Only 25.1% want to stick with the traditional 9-5.
- A further 38.7% would be happy with 25 days holiday. 36.7% would want to stretch to 30 days.
- 40.4% would prefer to work for a business with less than 250 employees. 7.4% wanted to work for a start-up and 19.7% for a large corporate company.
- Two-thirds (66.4%) want to work somewhere that has a smart casual dress code.
When asked to share the top three workplace perks or benefits they’d like to receive, 60% say paid sick leave, 56.6% say the ability to work from home and 41.1% say health insurance. In addition, 26.4% wanted staff discounts, 23.2% a company car and 19.6% income protection. When asked what pension contribution they’d like their employer to pay, 28.5% said 10% and 26.9% said 5%.
Interestingly, another recent survey (not UK focused) by the global organisational consulting firm, Korn Ferry, identifies generational differences in attitudes to rewards. They see a shift by employers in 2019 to personalise pay and reward packages on a more, tailored, one-to-one basis.
The Korn Ferry research also finds that nearly all respondents (96% of over 2000 people) say real-time feedback and ongoing performance discussions with their bosses are more effective than an annual review. Nearly half (46%) say that the goals they set in their reviews are no longer applicable a year later when they sit down to measure performance. Nearly a third (30%) of respondents say annual reviews have no impact or a negative impact on their performance. 43% say reviews had no impact or were unhelpful at helping them understand what to do more of or differently to improve future performance.
Location and industry
In the CV-Library survey, professionals vote London as where they’d most like to work (27.2%). Next come Brighton (7.9%) and Bournemouth (7.3%). When asked what industry they would work in if they could choose any, education is first (18.9%). Next come charity (16.8%), engineering (15.6%) and IT (13.8%).
Lee Biggins, founder and CEO of CV-Library offers his view on the findings:
Everyone wants to get something different out of the workplace – whether it’s a good pay packet, or the ability to work more flexible hours. If you’re searching for a job right now, it’s always best to have a clear idea of what you want from your role. This will ensure that you can find a position that’s right for you.
But, while choosing a company that fits the bill and facilitates your needs is extremely important; don’t rule out any opportunities just because they don’t tick every single box. You wouldn’t want to miss out on a potentially great opportunity this January!
What makes an ideal job for you?