Specialised Personnel How to Find Skilled Employees – and Keep Them
Money makes the world go round - but in terms of job satisfaction, it's not all about the Benjamins: 87 percent of young employees particularly favor a cooperative working atmosphere over large salaries, a new study shows.
For country's like Germany, the battle for the most talented employees has already become a demanding task: Forty-four percent of managers said their greatest challenge was attracting specialists with the right technical and scientific background, ranking alongside globalized competition (46 percent) – This is the result of the "Industry Innovation Index" – a multi-sector study carried out by the research institute Forsa on behalf of the specialty chemicals group Altana.
But how can firms win over the best candidates? This takes more than a generous salary, as shown by the survey. An above-average income is the deciding factor for only 28 percent of talented young industrial specialists when choosing an employer.
Chances for Development Crucial for Job Decission
In their initial years of employment, on the whole young professionals are not looking primarily for highly paid positions, bonuses and status symbols. The list of relevant criteria for selecting an employer is headed by a cooperative working atmosphere ("very important" for 87 percent), room for creativity (66 percent) and attractive promotion prospects (56 per cent). The upcoming specialists also see success, image and the future viability of the company as more important than financial considerations (47, 34 and 34 percent respectively).
Cooperative Working is a Must for Young Professionals
Another result of the study was that the new generation of industrial specialists makes its own contribution to a cooperative working climate, and in fact to a much greater extent than the established managers.
For example, almost half of entry-level employees actively share information with other departments as normal working practice. But only close to one manager in five does this as freely. Yet at the same time, 58 percent of corporate executives regard promoting cross-departmental exchange as the most important aspect in a culture of innovation.