Over in the UK, a leading independent job board, CV-Library, recently asked this question. The answer: A flexible job in a major city at a company with less than 250 people that pays £25,500 per year (about $33,000 here in the US).
What does your ideal job look like?
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, understand that data from The Office of National Statistics in 2017 show that 22 to 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 young professionals, at least in Great Britain, 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 flex-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
- 41.1% say health insurance
- 26.4% wanted staff discounts
- 23.2% a company car
- 9.6% income protection
Additionally, 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 organizational consulting firm, Korn Ferry, identifies generational differences in attitudes to rewards. They see a shift by employers in 2019 to personalize 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 Nearly half (46%) say that the goals they set in their reviews are no longer applicable a year later when they sit down to measure performance.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 voted 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!”
So… what makes an ideal job for you?
For this post, YouTern thanks our friends at LearningToLeap.
About the Author: David Shindler helps you to be clearer, more confident, and purposeful so you take the right job and career actions for you. Career Coach, Blogger, Books on developing your employability, internships, and critical attitudes for success.