PUBLIC SECTOR
Public sector workers more concerned with hours and flexibility than pay and rewards
Pay and financial rewards, including bonuses and benefits, are more important to private sector employees than to those in the public sector. As many as 63% of private sector workers in a survey conducted by IFF Research say they are “very important”, compared with 46% in the public sector.
Published exclusively by Personnel Today magazine, the survey demonstrates that, irrespective of sector, neither pay and bonuses nor working hours and flexibility are considered to be as important as job security in the current tough economic climate.
The Research Attitudes to Work study draws on a poll of 472 workers and offers some interesting insights into how attitudes to pay and benefits differ between the public and private sectors.
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Summary results
When it comes to choosing a job, a third of private sector workers (32%) say that the overall financial package offered, including pay and benefits, is “very important”, compared with a fifth (21%) in the public sector.
Public sector workers are much more satisfied with the amount of holiday they get - 68% are “very satisfied”, compared with 42% in the private sector.
Public sector workers place more importance on the hours that they work and the opportunities to change the way they work - 43% say it is “very important”, compared with 32% in the private sector.
Despite this, the public and private sectors share similar levels of satisfaction with their hours - 40% of public sector workers are “very satisfied” compared with 36% in the private sector.
Want to know more?
Title: “Reward and benefits research: Suited and rooted”, Personnel Today, 2 February 2010.
Availability: To read the research online, click here.
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IFF Research one of the largest independent research companies in the UK. Established in 1965, it conducts “high quality strategic research for a wide range of private and public sector clients”. For more details visit www.iffresearch.com.