Rising inflation and the UK’s cost-of-living crisis have put a lot of pressure on employers to increase wages and starting salaries this year, but a new survey suggests that there’s something that employees value more than pay – work-life balance.
HR and payroll software provider CIPHR polled over 1,000 UK workers to find out which job aspects matter most to them. Based on the results, over two-thirds (70% of women and 65% of men) see work-life balance – albeit a term that can mean different things to different people – as being more important than their pay and employee benefits combined (selected by 60% of women and 57% of men).
Having job security and feeling secure about the future of a role or organisation is the third most important consideration for over half of respondents, followed by job satisfaction (57% and 53% respectively).
Two-fifths (42%) of employees rank a healthy work environment (42%) within the top five most valuable aspects of a job. This can encompass numerous other factors, such as feeling psychologically and physically safe at work, feeling recognised, appreciated and valued, feeling trusted and included, and being listened to, among others.
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