25pc of employees more motivated now than this time last year

A quarter of employees in a survey are more motivated than they were this time last year, with 86pc saying they are either ‘very motivated’ or ‘motivated’ in their jobs.

The top reasons for this are change in job, role, salary, an improved outlook in the economy or being part of a growing business, according to the survey launched by professional services firm Mazars.

Nearly half of the respondents to the survey believe that financial benefits are a key motivational factor up from 31pc last year.

“The employment market has become increasingly active in the last 12 months after a long period of stagnancy,” said Keith McCarthy, director, human resource and organisation development consulting, Mazars.

“As a result for employees still feeling the impact of the recession through pay freezes and pay cuts, increasing their monthly/annual take home pay is now getting more attention. Employees are seeking a fair reward for delivering results. We recommend that employers should consider the financial benefits package offered to their employees in terms of the current market rates.”

While the overall trend is towards more motivated employees, 64pc of respondents believe that their leadership and management teams are not doing enough to motivate employees. 

Training and development is important, but it seems to be at odds with what actually motivates employees, which are financial benefits (62pc) and recognition and reward programmes (59pc). 

Work-life balance more important

Work-life balance is considered more important this year than it was last year, with 44pc of respondents citing this as a key motivational factor up from 26pc in the prior year.  

McCarthy said this represented a market that is beginning to stabilise allowing employees to regain focus on priorities outside of their role, rather than on the role itself. 

The good news for employers is that 41pc of employees believe that the achievement of business goals is a main motivating factor. 

“Employers should aim for a strong alignment between an employee’s individual goals and those of the organisation. This is a very simple principle that is often missed, if it is not structured and planned in a coherent way,” said McCarthy.

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