Do your employees work for love or money?

Most Canadians (82%) work to make a living, but will choose job security over a higher paycheque, says Randstad Canada.

Additionally, three out of 10 Canadian employees would quit their job if there was no further scope for personal development.

When it comes to pay, two-thirds (66%) of Canadians would rather enjoy their line of work than receive a better salary somewhere else.

Salary remains a strong driver, however, in Hong Kong, Malaysia and India, where only a third of respondents agree with our country’s outlook.

“Our workforce is motivated by a number of factors—[earning] a wage is only factor, with good working environment, perks, flexible working hours, co-operative colleagues and job satisfaction also topping the list of concerns,” said Stacy Parker, executive vice-president of marketing at Randstad Canada.

Almost half (40%) of Canadian employees will forgo part of their salary for job security. And overall, 43% of global respondents agree. The most committed employees can be found in India, where 76% are willing give up pay if it helps save their jobs.

But, the ability to make ends meet is a major concern worldwide. Over 40% of global respondents indicated the financial performance of their employer is under pressure.

Countries above average include Hungary, Greece, Czech Republic and Spain (61-67%). Canada sits at the lower end of the spectrum, with 36% of employees believing their employer is under financial stress.

“Canadians have made it clear that although they may be working to pay the bills, they care a great deal about their jobs and about enjoying what they do for a living,” said Parker. “But it’s important to remember that it’s not enough to focus solely on making the most of work, but rather to combine work and play, work and home life, work and health. Balance is essential.”