Survey: 'The most decisive factor is not salary'
A survey reveals that Finnish workers value work relationships and job content more than salary when it comes to happiness at work.
A recent survey conducted by Lähi-Tapiola indicates that for Finnish workers, the most significant factor affecting workplace happiness is not salary, but rather the quality of work relationships and the nature of the tasks performed. The survey found that one-third (33%) of Finnish employees feel that work enhances their overall happiness, while 19% feel it detracts from it. The findings highlight that happiness at work is multifaceted, influenced by factors such as job content (73%), work community (72%), salary (62%), work-life balance (60%), work environment (40%), and leadership quality (32%).
According to Matti Räsänen, the well-being manager at Lähi-Tapiola, while salary is acknowledged as a relevant factor, it is not the most essential contributor to employee happiness or retention. Employees, especially younger ones, are increasingly prioritizing good local management and meaningful work over higher pay. Räsänen emphasizes that although compensation needs to feel adequate and fair to avoid detracting from happiness, the intrinsic aspects of work have gained prominence in determining satisfaction.
The survey results suggest a shifting perspective among Finnish workers, indicating that employers might need to reassess their priorities in creating fulfilling work environments. By focusing more on fostering positive relationships, ensuring meaningful job roles, and improving management practices, organizations can boost overall employee happiness, which, in turn, may enhance retention and productivity in the workplace.