PwC Hungary assessed labor market preferences for the eighth time and presented the Most Attractive Workplace of the Year awards

By: Trademagazin Date: 2024. 11. 15. 11:13

In addition to the basic salary, respect for privacy and a good atmosphere and a supportive environment are important when choosing a job, according to PwC’s eighth Labor Market Preference survey, in which more than 90,000 experienced employees, university students and students in public education or vocational training participated this year. The Most Attractive Workplace of the Year Award went to Mercedes-Benz.

More and more people want to switch

The pressure caused by continuous economic and social changes encourages employees to look for opportunities elsewhere. According to the results of PwC’s 2024 Global Hopes & Fears research, more than a quarter of respondents (28%) plan to change jobs in the next 12 months, which is a much higher rate than the wave of resignations in 2022 (19%). Therefore, it is extremely important to know the factors that can be used to ease the pressure on them and thus to retain them more effectively. The main motivator is still money, but in addition to financial benefits, this year other factors also play a prominent role when we examine the preferences of employees.

Good salary and good company

“Employee preferences have undergone a significant transformation in recent years as people have sought to adapt to an ever-changing and unpredictable economic and social environment. Two years ago, due to the energy crisis, job stability was the dominant factor, while last year, due to high inflation, money and financial benefits dominated — almost relegating all other aspects to the background,” pointed out Márta Reguly, head of PwC Hungary’s HR consulting team. “This year, it is clearly visible how much the social environment and workplace frameworks, as well as flexibility, have increased in value in the eyes of the employees,” he added.

The strengthening of human factors started last year, but this year it became even more pronounced. The importance of a supportive, cooperative team (3rd place) and the role of a prepared, supportive leader (4th place) indicate that employees increasingly value a positive workplace atmosphere, where the community and management support them both professionally and personally .

Respect for privacy was also prominent among the preferences (2nd place). It is crucial for workers that their employer respects their personal boundaries and allows them to create and maintain a healthy work-life balance. The need for flexibility has also increased: the amount of work that can be done within working hours is in 5th place (7th in 2023), and working from home is in 12th place (21st in 2023) on the list of preferences.