July 19, 2012 Category : Careers & Training
MUMBAI: Indian employees are willing to compromise on salary for pleasant colleagues and job security according to recruitment firm Randstad India's latest global workmonitor survey 2012, a quarterly review that tracks jobseekers confidence.
The survey indicates that 82% of the employees surveyed in India attach a premium to pleasant colleagues, which is the second highest in the world after China and it is well above the world average of 60%. The survey also reflects that employees in India work to live rather than live to work, which is on par with the global average.
Another finding of the survey is that 54% of the respondents felt that the financial performance of their organization was currently under pressure. This is slightly above the world average of 42%. Of this group, 76% said that foregoing a part of their salary is fine to secure their job and 71%, to prevent redundancies in their organization.
Commenting on the findings, E Balaji, MD & CEO, Randstad India said, "Considering employees spend most of their hours at work, salary is often not enough to keep them happy at work. It is imperative for the HR managers to create a work environment with a sense of community." He added, "Employees view their organization's financial performance to be under pressure, given the current economic conditions. Organizations must ensure they effectively communicate about the performance of the company to their employees, making sure they feel connected at work, to the organization and are safe in their jobs. This would help them gain employee confidence and thus build their employer brand in this competitive market that would not only help to retain the best talent but also attract quality talent."