Workplace culture attracts talent more than salary or flexibility

-

Employees are demanding more from their employers, but nothing is quite as magnetic as an attractive workplace culture, according to research.

WorkBuzz’s State of Employee Engagement Report 2022 reveals that 45 per cent of UK employees and business leaders rank “a great culture” as the most important factor when looking for a new job.

The research was conducted with more than 300 UK business leaders, HR professionals and employees, and drew on insights from more than 400 UK organisations.

What else attracts talent?

A purposefully designed culture that delivers a great employee experience is the biggest priority for job seekers, followed by salary (31%) and interesting work (28%).

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Flexible working location and opportunities for career advancement (both 27%) were ranked as the fourth and fifth most important considerations.

Steven Frost, CEO of employee engagement expert WorkBuzz, comments:

“Salary will always be important but, even during a cost-of-living crisis, the only sustainable way to win the war for talent is by creating a strong culture that powers a great employee experience.

“When people feel valued and a part of something meaningful, they have a sense of belonging and understand how they can contribute to the company’s end goals. Companies that achieve this are in a strong position when trying to attract the best people.”

What should organisations be doing?

WorkBuzz advises that to build an appealing culture, organisations must put key elements in place – including an inspiring purpose, strong values, continuous feedback, regular employee check-ins, recognition, and opportunities to learn and grow.

Frost adds: “Culture is your secret weapon and its power to draw new talent should not be underestimated. Yes, pay a fair salary and provide flexible working and advancement opportunities, but if your culture is substandard, it simply won’t create an employee experience that people choose to repeat day after day.”

Amelia Brand is the Editor for HRreview, and host of the HR in Review podcast series. With a Master’s degree in Legal and Political Theory, her particular interests within HR include employment law, DE&I, and wellbeing within the workplace. Prior to working with HRreview, Amelia was Sub-Editor of a magazine, and Editor of the Environmental Justice Project at University College London, writing and overseeing articles into UCL’s weekly newsletter. Her previous academic work has focused on philosophy, politics and law, with a special focus on how artificial intelligence will feature in the future.

Latest news

Alison Lucas & Lizzie Bentley Bowers: Why your offboarding process is as vital as onboarding

We know that beginnings shape performance and culture, so we take time to get them right. Endings are often rushed, avoided or delegated to process.

Reward gaps leave part-time and public sector staff ‘at disadvantage’

Unequal access to staff perks leaves part-time and public sector workers less recognised despite strong links between incentives and engagement.

Workplace workouts: simple ways to move more at your desk and boost health and productivity

Long periods at a desk can affect energy, concentration and physical comfort. Claire Small explains how regular movement during the working day can support wellbeing.

Government warned over youth jobs gap after King’s Speech

Ministers face calls for clearer action on youth employment as almost one million young people remain outside education, work or training.
- Advertisement -

UK ‘passes 8 million mental health sick days’ as anxiety and burnout hit younger workers

Anxiety, depression and burnout are driving millions of lost working days as employers face growing calls to improve mental health support.

Employers face growing duty of care pressures as business travel costs surge

Employers are under growing pressure to protect travelling staff as geopolitical instability, rising costs and disruption reshape business travel.

Must read

Sarah Jane Riggott: How technology companies can overcome the digital skills gap

"There is a huge digital skills gap in the UK, and more candidates need to have the necessary technical skills to fill vacant roles."

Cain Ullah: Culture – the key to creating a Best Company to Work For

Red Badger kicked off 2018 by becoming a Sunday Times Best Small Company to Work For. Cain Ullah discusses how building a company culture by listening to employees is the key to attracting and retaining the best talent in an incredibly competitive industry.
- Advertisement -

You might also likeRELATED
Recommended to you