Job Satisfaction and Job Security
1 January 2005
With Hong Kong's growing economy, a wider spectrum of job opportunities has become available. With regular job openings occurring, Candidates have learnt to become more selective. They are now prepared to wait for the right job, and are much more careful before they commit.
Candidates are now seeking careers that offer more than just monetary compensation. Job Satisfaction and Job Security now rank high up on their priority list.
Just a few years ago, with the 'Internet bubble', SARS and 9/11, Hong Kong experienced a severe economic downturn. Workers were so desperate for jobs and job security that hiring companies could bargain employment packages down to the minimum. Workers were forced to accept what offers they could and be treated unfairly.
Our most qualified and experienced Candidates were apart of that evolving workforce. They bring with them experiences of difficult times and difficult workplace culture. They are conscious to not have those experiences repeated.
With an improving economy, Companies are then forced to compete with one another for quality staff. Plenty of attractive career packages result, but money is no longer the key incentive. Instead, Candidates are selecting jobs that offer great bosses, and working environments that respect and appreciate their staff members. The importance of job satisfaction and job security now far outweighs the higher monetary incentives (with nothing else) that are offered to the Contractor.
Contractors commit knowing that they will be in a position of disadvantage. They recognize the preferential treatment Permanent staffs have over them. It is unrealistic to expect a contractor to be as good as the existing, trained and well established permanent team. Contractors enter at the bottom of the office hierarchy and then only ever as a temporary staff. As the newest member, they are delegated jobs others do not want, and as an outsider they are forced to deal with office politics. With no career prospects, the Contractorˇ¦s morale remains low.
There are times nonetheless, when hiring a Contractor is the appropriate solution. We will work hand in hand with the Client to resolve their recruitment needs. It is wasteful and unnecessary though, to lose a Contractor prematurely. The Employer must take responsibility to ensure the successful assimilation and satisfaction of all their human resources. The needs of each staff member, regardless of the position held, require constant re-evaluation.
Below are fundamentals of improving human relations in the workforce. They appear obvious and simple, yet are still not being practiced.
- Take the time to talk to your staff!
- Take the time to further train your staff! and
- Create and put in place future career projections for your staff!
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