Sunday, 14 August 2011

What's more important: money or job satisfaction?

Are you more of a 'money makes the world go round' or 'money doesn't buy you happiness' person? It's a tricky choice as we all want to work in a job that we love but we also need money to make our quality of life as good as it can be. I'd like to think of myself as someone not driven by money, but I have left jobs I've enjoyed in the past after being lured by pound signs. There, I said it.

And it's not just me. In a recent survey of 2,000 participants, more than 54% said that pay was the main reason they looked for a new job with just 42% wanting to move for an increase in job satisfaction. No big shock there. But compare this to the same survey held in 2010, in which 61% put job satisfaction first with just 48% wanting more money.

So why the change? We were all reeling from the recession last year, after all. Well, for me, I am really starting to feel the pinch now - and 18% of workers say that it's a 'constant struggle' to make ends meet. From food prices in the supermarkets to MORE hikes in fuel bills, we're all having to tighten our belts, especially as many companies continue to freeze pay or offer below-inflation salary increases.

And actually, people moving jobs can be good for our economy, particularly if you're moving up the career ladder. There are lots of people out of work at the moment and if you're leaving a junior position behind, many people could have the skills to fill it. Plus we all need a new challenge from time to time and we mustn't feel scared to take the plunge, economic downturn or not.