Culture, Flexibility, Purpose and Financial Security matter most to professionals in 2024

In today’s ever-evolving job market, the factors that drive individuals to excel in their professional lives have been shifting, and indeed continue to shift. As we continue to adapt to the changing landscape of work, the question arises: What are the most important factors to us when it comes to looking for a new role?

To answer this, Slade Executive conducted a poll with candidates to gauge the priorities of the job-seeker market. With a lot of the current rhetoric being around flexible work arrangements, I was a little surprised by the results.

A Positive Workplace Culture: 57%

The vast majority of respondents responded that a positive workplace culture reigns supreme. This comes as no surprise, as a harmonious and supportive work environment can significantly impact job satisfaction and overall well-being. Employees value teamwork, a sense of belonging, and a shared vision with their colleagues and employers.

Flexibility/Hybrid Work: 14%

At the time of writing, flexibility in work arrangements, including the option for hybrid or remote work, was the second most important factor according to our poll. Post the COVID-19 pandemic many people have grown to appreciate the freedom and work-life balance that it offers, but we are seeing a shift in the WFH policies in a lot of our client companies. Now ranking equally with remuneration and purpose for respondents, the ability to structure their work around their life, rather than the other way around, is still a key priority.

Remuneration: 14%

It’s no secret that financial security is vital, especially with the cost of living at the level that it currently is. Fair compensation for the knowledge, experience and technical skills a candidate brings to the role is a fundamental expectation. A competitive salary package, which may include performance incentives, can be a driving force behind career choices. The trend that we observed last year with inflated salary expectations seems to be levelling out, but remuneration remains a top priority.

Contributing to a Cause: 14%

Purposeful employment continues its upwards trend, now ranking alongside flexibility and remuneration as a top priority. Candidates are looking for meaningful work that aligns with their values and allows them to make a positive impact on society. They seek positions that go beyond just earning a salary and strive to be part of something greater.

In conclusion

Clearly understanding what motivates employees is essential for employers – it can help them create a more engaged and content workforce. The workplace landscape is dynamic. What’s most important to us individually and as a cohort in our industry sector or functional specialisation, generally evolves over time. It is without doubt that companies who recognise and adapt to these changing priorities will be better placed to attract and retain top talent.

What matters most to you in your job? Do you align with the majority of our poll respondents, or do your priorities differ? Please let us know in the comments below, and join the conversation about the evolving world of work.