Just as data continues to suggest that, on average, women earn less than men for equal work, in a survey released by Randstad US, only 57% of women felt that their salary was adequate for their position/level of responsibility compared to 65% of men.
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Get Your Report Now!The “Q2 2013 Engagement Study” conducted by Ipsos Public Affairs on behalf of Randstad, examined the ethos of both men and women on a range of employee issues including perceived value. In addition to being more likely to feel undercompensated, more women than men felt that their current employer does not offer promotions or bonuses to high performing employees as a means of promoting employee engagement (22% of women vs. 27% of men), and only 49% of women compared to 54% of men thought they were likely to get a raise at the end of the year.
Other notable findings include:
Value and compensation affect employees' attitudes toward employers. Adequate compensation may contribute to men feeling more optimistic advancing within their organization, reflected by the fact that 31 percent of men surveyed think they will get promoted by the end of the year, compared to only 24 percent of women. Additionally, 64% of men surveyed expect to grow their careers with their current employers compared with only 59% of women.
Women value relationships, corporate social responsibility and flexibility. Nearly nine in 10 women agree that relationships with colleagues (88%) and direct supervisors (86%) have a big impact on how happy they are with their jobs. While both men and women enjoy flex time, 93% of women whose employers offer a reduced schedule or flex time during the summer months say that this improves company morale, and 81% agree they feel productivity increases because it. Also, 74% of women polled also said that it was important to them that their company invests in CSR efforts.
Company reputation more important to women when seeking a new job. If they were considering taking a position with a new company, nearly nine-in-10 women (87%) say that a company having a good reputation among employees as a good place to work would be important to them, compared to 83% of men. Similarly, women were also more likely to say that the company's reputation in the community would also be important to them in a new employer (92% versus 83% of men).