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Serviced offices in Cardiff news: Pay 'more important than job satisfaction'27th July 2011

People working out of serviced offices in Cardiff may be some of those that are said to be currently more interested in money than being content in their career.

In a poll conducted by the Chartered Institute of Personnel and Development (CIPD), 54 per cent of respondents said their biggest concern if they were changing their employment would be higher pay and better benefits, compared with 42 per cent who would be motivated by happiness at work.

This contrasts with the results of the same poll in 2010, which found 61 per cent rated job satisfaction as most important factor, compared with 48 per cent who cited financial interests.

"Besides being more likely to want to leave for more pay elsewhere, workers with financial difficulties are also more likely to report being under stress at work and are typically less satisfied," senior public policy adviser at the CIPD Ben Willmott commented.

Recently, Trades Union Congress general secretary Brendan Barber stated the pay gap between those with the highest and lowest wages demotivates staff and reduces productivity.

 

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