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These Are the Most Important Job Incentives for Employees

An erster Stelle im Wichtigkeits-Ranking stehen in der Arbeitswelt nach wie vor das Gehalt und andere finanzielle Anreize.
An erster Stelle im Wichtigkeits-Ranking stehen in der Arbeitswelt nach wie vor das Gehalt und andere finanzielle Anreize. ©Canva (Sujet)
PwC conducted a survey among 1,100 employees to determine the most important incentives in the workplace. Salary and financial incentives ranked first, followed by flexibility in working hours and vacation. 37 percent of participants would be willing to give up part of their salary for an additional week of vacation. More than half (53 percent) would trade office camaraderie for the possibility of working from home.

Consultant Deloitte also conducted a survey. According to them, Generation Z (born 1995 to 2006) and Millennials (1983 to 1994) are under significant financial pressure despite their great ambition in professional life.

Pursuit of Financial Security

"The cost of living is causing concern for over a quarter of Gen Zs and almost half of Millennials in Austria. A large portion is also worried about financial security in retirement. This is an alarming assessment," emphasized Elisa Aichinger, partner at Deloitte Austria.

Success for Gen Zs and Millennials does not necessarily mean climbing the career ladder in the traditional sense. "Rather, they strive for financial security, meaning, and well-being," said Aichinger.

AI Seen as a Job Killer

In particular, the digital transformation - keyword "Artificial Intelligence" - is causing uncertainty. "Half of Millennials and almost two-thirds of Gen Zs believe that technology will lead to the elimination of many jobs. Therefore, it is not surprising that a large portion - 55 percent of Millennials and 65 percent of Gen Zs - are looking for job opportunities that are less affected by automation," explained the consultant in a press release.

(APA/Red.)

This article has been automatically translated, read the original article here.

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