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Link: http://www.sixfigures.com.au/downloads/SixFigures_HighSalaryEarners_Report08.pdf
Six Figures recently conducted a survey of over 100 people earning $100K+ salary packages across a myriad of professions to find out what their key drivers were when it came to changing jobs or career.
What really stood out from the results was that the drivers for this market segment are very different to other market segments.However many businesses still have a “one approach fits all” attitude when it comes to attracting talent (the exception being graduate recruitment) and wonder why the talent is not biting! The talent is indeed out there, it is just that businesses need to adopt a more progressive and targeted approach to lure them.
Profile of high salary earners
The profile of the high salary earners market segment varies to other market segments in that the majority (over 80%) are currently employed. When you look at generalist job sites you find that this percentage is about 50%.[1] Though graduate salaries are rising generally, within the Finance and Engineering sectors some graduates are achieving a six figure salary package straight out of university, although this is the exception rather than the norm.Of the 15,000 members registered on Six Figures, the membership survey shows that what drives the six figure income market
segment is different to most. What they indicated as ‘extremely important’ in their decision to change jobs, in order of importance, were:
1. Leadership Team
2. Career Progression Opportunities
3. Salary Package
4. Employer Reputation
5. Calibre of Colleagues
6. Flexible work hours
7. Opportunity to do a different role
8. Training opportunities
9. Other benefits offeredread on...
Given most of the aCE talentNET consultants sit in the Six Figure range, the list above is pretty much the same criteria that a consultant uses when accessing a potential project. Whilst the terminology might be a little different at times, the basis is still primarily the same.
So...do you always have the answers to such questions ready when looking to engage a consultant?