NEW YORK, August 29, 2006 - Employers that offer interesting work, regular recognition and rewards, and opportunities for quick advancement are the most popular targets for job seekers, according to the findings of a global recruitment survey released today by Accenture (NYSE: ACN).
Another key finding: Job seekers don’t place as much value on such increasingly popular programs as corporate citizenship and diversity as they do on traditional benefits such as robust rewards programs and personal growth opportunities.
The purpose of the survey, which queried more than 4,100 job seekers in 21 countries in North and South America, Europe and the Asia Pacific region, was to identify the most-valued career goals of both entry-level and experienced job seekers.
The findings indicate that challenging and interesting work is the most important characteristic that job seekers look for in prospective employers, selected by 60 percent of all respondents. The potential for recognition and reward for their accomplishments was a close second selected by 58 percent of respondents.
Rounding out the top five characteristics of greatest interest to job seekers were: opportunities for fast career growth (44 percent); indications that the employer is well established and is likely to have long-term prosperity (42 percent); and indications that a company has a particular focus on its people (42 percent).
"Interestingly, we found that what is considered important to potential recruits was remarkably consistent across geographies," said John Campagnino, Accenture’s global director of recruitment. "Also notable was the fact that while we know from our own employees that corporate social responsibility and diversity are important employer characteristics - things our employees demand and place high value in - the research also validated what many of us intuitively know: namely, that more tangible benefits such as rewards and recognition are most important from an external recruit’s perspective."
Key survey findings:
Employer Characteristic Priorities of Job Seekers
% of Respondents Selecting Employer Characteristic Priority 1. Challenging and interesting work
60% 2. Recognizes and rewards accomplishments
58% 3. Provides an opportunity for fast career growth and advancement
44% 4. Financially strong/will prosper in the long run
42% 5. People-oriented
42% 6. Offers flexible work arrangements
41% 7. Innovative
33% 8. Approachable
27% 9. Team-oriented environment
27% 10. Global company
26% 11. Offers a variety of work
26% 12. Smart
21% 13. Collaborative environment
17% 14. Committed to the community/corporate citizenship
16% 15. Diverse workforce
About the Study
As part of a comprehensive global recruitment study to identify job seekers’ priorities, Accenture conducted an online survey of more than 4,100 entry-level and experienced potential employees in 21 countries: Australia, Brazil, Canada, China, Czech Republic, France, Germany, India, Indonesia, Italy, Japan, Korea, Malaysia, Philippines, Singapore, Slovakia, South Africa, Spain, Thailand, the United Kingdom and the United States. Accenture conducts this research as part of its ongoing efforts to ensure that the company remains competitive and relevant and continues to attract top talent. The fieldwork was conducted between November 2005 and March 2006.
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With more than 133,000 people in 48 countries, the company generated net revenues of US$15.55 billion for the fiscal year ended Aug. 31, 2005. Its home page is www.accenture.com.