Randstad
Half of workers value work-life balance and a sense of belonging more than career advancement. Announcement of the 2024 Global Working Attitudes Survey “Randstad Work Monitor”.
Workers value fairness, flexibility, and work-life balance more than promotions ……
Randstad (Headquarters: Diemen, Kingdom of the Netherlands, CEO: Sander Van’t Noordende), the world’s largest *¹ human resources services company, conducts the Randstad Work Monitor, a global survey on worker attitudes targeting workers around the world. is carried out every quarter. The latest Work Monitor, now in its 21st year, surveyed 27,000 workers in 34 countries and territories across Europe, Asia Pacific and the Americas, and found that more than half (56%) are ambitious but found that work-life balance, flexibility, fairness, and skills are more important in employment conditions than promotion. While the majority of workers say they are ambitious, half (47%) say they don’t value promotions at all.
Workers still demand flexibility, with more than a third (37%) saying they would quit their job if asked to work more hours in the office Although many workers still want their employers to improve fairness, fewer people say they will quit their jobs if their demands are not met, due to concerns about losing their job in a difficult economic climate.
Randstad CEO urges employers to embrace the ABCs of talent for competitive advantage: Ambition, Balance and Connection
More than half of respondents (56%) say they are ambitious, compared to 69% of Gen Zers. However, this result was within the correlation with the reality shown by conventional career orientation. Half of workers (47%) don’t value promotions, and a similar proportion say they would stay in their current job even if there were no
opportunities for promotion or growth. In addition, one-third (34%) of workers say they would never want to be in a management position. Workers are more likely to consider work-life balance (93%), flexibility in working hours (81%) and mental health support (83%) to be more important than career goals (70%). I also understand. Not wanting a promotion doesn’t mean they’re not interested in personal growth; three-quarters (72%) say training and development
opportunities are important. Of these, around half (29%) said they would quit their jobs if they were not offered future-proofing skills development opportunities, such as AI training.
Workers’ demands for fairness in the workplace
At the same time, workers still want equity and a sense of belonging in the workplace, and are demanding improvements from their employers. The survey results show that while 18% of workers say they are responsible for improving fairness in the workplace, the majority (52%) say employers are responsible. In addition, only 17% of respondents said that workers are responsible for fostering workplace culture, compared to 45% who say employers are responsible for fostering workplace culture.
Workers say they want to work for a company that reflects their ideas and values, with one-third (38%) saying they would not work for a company if they did not agree with management’s ideas. .
More than a third (37%) of global workers say they would not work for an organization that does not actively improve diversity and equity. One in five (21%) and 30% of Gen Zers say they would quit their job if their employer did not address issues that are important to them. Return to the office remains a point of contention in 2024
According to the survey results, there is a stalemate between employers and workers over whether to make office work mandatory again, and the debate is expected to continue into 2024 and beyond. More than one-third of workers (37%) say they have made some lifestyle changes, such as moving or adopting a pet, in anticipation of working from home. A similar proportion (37%) said they would consider quitting their job if their employer required them to work more in the office, and 39% said working from home would be a non-negotiable condition.
On the other hand, one-third (35%) say they are being asked to work more in the office than six months ago, indicating a mismatch between worker demands and reality.
Understanding of workers
While many workers say their employers have a responsibility to improve fairness in the workplace, they don’t think their bosses understand the reality. Nearly one-third (29%) of all workers feel that their generation is not understood, and that number rises to 40% for Gen Z. The majority of workers (55%) have to hide their true selves at work, and a quarter (26%) are unable to share their ideas for fear of being criticized or discriminated against. One in five (21%) say they act as a different version of themselves at work. Research shows that workers don’t feel like they have enough regular discussions with their employers about promotions. A third of respondents (33%) said they would like to have the opportunity to discuss promotions with their boss at least once a quarter, but their boss never does.
Workers tend to take no action
Compared to last year, workers seem to be finding it harder to take action when their demands are not met, even though they have clear demands from their employers. In 2023, more than half (54%) said they would quit their job if they didn’t feel a sense of belonging, but that number has fallen by nearly a third (37%) over the past year. . This is likely due to a larger proportion of workers concerned about losing their jobs compared to 2023 (45% vs. 37%).
Comments from Sander van’t Noordende, Chairman and CEO of Randstad NV A new “ABC of human resources” is emerging. “Ambition,” “Balance,” and “Connection” are the keys to promoting recruitment in a world with a talent shortage.
There is no one-size-fits-all approach as workers’ ambitions, motivations and priorities become more fragmented and unique. Is it a flexible work style or career-oriented? Whether it’s a learning or development opportunity, it’s vital that employers communicate regularly with talent to understand their wants and needs. Embodying a people-first mindset and truly understanding their personal
motivations and priorities will differentiate your company.
*Details of the English version of the survey results can be downloaded for free from the link below. The Japanese version of the report is scheduled to be announced around early March.
https://www.randstad.com/workmonitor/
*This press release is an abridged version of the press release issued by Randstad’s Dutch headquarters on Wednesday, January 17th. Read the English press release here: half of global workers are more interested in balance and belonging than climbing the ladder
–https://www.randstad.com/press/2024/half-global-workers-are-more- interested-balance-belonging-climbing-ladder/-
■ Randstad company profile
[Company name] Randstad NV
[Established] October 1960
[Representatives] Sander Vant Nordende, Jorge Vasquez
[Location] Netherlands
[Number of employees] 46,000
[Sales] 3.9 trillion yen (27.568 billion euros) FY2022 results (December settlement)
[Capital] 695,325.1 million yen (4,915 million euros) As of the end of December 2022
[Business Offices] 39 countries and regions around the world [Business content] Comprehensive human resources services
[URL] https://www.randstad.com/
(1 euro 141.47 yen conversion / as of the end of December 2022) ■ About Randstad
Randstad is the world’s largest*¹ human resources services company and the partner of choice for our clients. We provide fair opportunities for people of all backgrounds and help them stay relevant in the rapidly changing world of work. We deeply understand the labor market and help our clients create the high-quality, flexible workforce they need to succeed. Our 46,000 employees around the world make a positive impact on society by helping people reach their true potential through work.
Founded in 1960, Randstad is headquartered in Diemen, Netherlands. By 2022, we will have helped more than 2 million people find the jobs they love in 39 markets and advised more than 230,000 clients on their talent needs. It has a revenue of approximately 27.6 billion euros. Randstad N.V. is listed on Euronext Amsterdam. For more information, please refer to the Randstad Holdings website. www.randstad.com *¹ From Staffing Industry Analysts 2021, human resources service company sales ranking
■ Award/Recognition etc.
Recognized as a “Great Place to Work” by Great Place to Work(R) Institute Japan for the second consecutive year (September 2023) Received the highest rank of “Gold” in the “PRIDE Index”, an index evaluating initiatives related to LGBTQ+, for three consecutive years Received “Rainbow” certification, which recognizes companies that promote collaboration across sectors, for the first time (November 2023)
Dow Jones Sustainability World Index (DJSI) as Randstad NV
Selected for 9 consecutive years in the professional services category (the only human resources services company)
Recognized as the highest-rated Best Workplace for the second consecutive year in the “D&I Awards 2023” (December 2023)
■ Randstad white papers and content
Randstad Employer Plant 2023 https://services.randstad.co.jp/ebr Randstad Work Monitor Report (You can download from the link below) https://services.randstad.co.jp/download/workmonitor/2023-form Randstad “WorkforceBiz”, a block for corporations
https://services.randstad.co.jp/blog
Randstad: Content site for individuals “CareerHUB”
https://www.randstad.co.jp/careerhub/
More details about this release:
https://prtimes.jp/main/html/rd/p/000000180.000004185.html