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Study Says Compensation is Top Reason for Job Satisfaction

5/27/2014

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According to a recent poll by the Society for Human Resource Management (SHRM), pay is now the No. 1 contributor to job satisfaction.  This is an important consideration for organizations as it signifies a change in what leads to employee retention...for the past 5 years, job security has topped the list.

Certainly, it's not only about a paycheck.  The value of an organization's benefits package including health care, retirement savings and paid time off are all part of the total rewards picture. 

But beyond that, other contributors to job satisfaction included the employee's relationship with their  immediate supervisors and "the work itself".  Guess it adds to the validity of the statement that employees don't work for the company, they work for their supervisor...plus a paycheck, of course! 






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