Every day I see blogs on the subject of ‘the most important thing to candidates when looking for a job’. Inadivertibly, it always comes down to the same few factors; money, location, projects & technologies, work-life balance and the overall financial package.
Overall, in my experience, location is usually the first thing that will rule out a job as people are generally looking in a specific geographic area e.g. Dublin. For example, if the suggestion of a role in Mullingar comes up, it’s often an immediate reply ……. No! This is completely fair as the job location has to fit each individual’s lifestyle requirements in terms of work-life balance.
On the subject of work-life balance, if a company wishes to attract and retain the best talent, employers have to adapt to candidates’ need for flexibility in the workplace. I find that 50% of successful IT candidates are attracted to a role because it offers flexible hours.
Everyone wants the best package on offer but in my experience decisions come down to the ultimate battle, just like Batman -Vs- Superman, but between Pay & Packages -Vs- Projects and Technologies.
Personally, sometimes I get the feeling that people say they prefer the interesting project or hot technologies over the fantastic package, but in reality, it’s the other way around. When it comes to the crunch, even when the difference in remuneration isn’t huge, people will choose the option which remunerates the best. We’ll use the scenario of two jobs of the same seniority, similar location and working hours of 9am-5pm, Monday to Friday.
The first scenario has a €55,000 basic salary but involves using some of the most current and hottest technology available. The second has a basic salary of €65,000 and requires some average tech (not too old but not too fresh and exciting either). I think people would like to say they would opt for the first scenario but in my experience, the allure of mighty Dollar usually wins out in the end!
Even with candidates with the noblest of intentions, does the smell of financial reward always win out? I might well be wrong but I feel that generally (not always) this tends to be the case. The scenarios above are obviously a very basic example and again I may be wrong and not giving the general population the benefit of the doubt, but from past experience the above scenario 2 generally wins out. So am I correct in saying the allure of money still outweighs the allure of exciting IT projects and using the “hottest” technologies?