Tuesday, 21 June 2016 12:02

Top Aussie places to work

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Some people follow the money; some [happier] ones follow the passion. Regardless, some companies develop a reputation for being either the best, hippest, coolest or most exciting places to work.

LinkedIn, the world’s largest Internet-based professional network, has published the Australian Top Attractors List (top 25 at the end of the article) and, while it statistically favours larger companies, it also covers reputation.

KPMG, PwC and Commonwealth Bank are its top three employers in Australia. While professional and financial services companies dominate the list, it is interesting that Aussies want to work for homegrown brands – 50% of the top 10 companies are Australian.

Jason Laufer, LinkedIn director of talent solutions Australia and New Zealand, said, “Our research reveals that 70% of Aussie workers are willing to take a pay cut to work for a company with a mission they believe in, and that shares their personal values. Building a strong talent brand driven by purpose and showcasing their culture by sharing content through their employees' networks is vital to attracting the right talent."

The research also covered attitudes to some incentives and conversely barriers. Key drivers included:

  • 61% stated the primary reason for being more attracted to big-name companies is that they offer higher salaries.
  • 95% prefer a grossed up salary rather than offset by company perks.
  • 56% cited availability of flexible hours and remote working when necessary.
  • 37% wanted strong health care benefits.

Top five things that Aussie workers take into account when considering a company:

  • 63% – competitive salary
  • 53%  opportunity for growth
  • 48%  health of the business
  • 39%  short commute
  • 37%  whether they like their potential boss

Surprisingly, or perhaps not, aspirational or feel-good things like corporate social responsibility (CSR), and ‘PPP” — people, planet, profit  did not even rate a mention. HR managers have long touted these as important non-salary benefits yet workers are saying "don’t spend money on them – spend it on us".

However, when asked what they would not put up with if they were given an opportunity to work for a leading company in their industry, 78% said they would not tolerate a bad corporate culture, and 67% said they would not tolerate a company that didn’t align with their personal values (whatever they may be). A total of 59% said they would tolerate an outdated and uninspiring office space if it meant better wages or conditions.

The full list of LinkedIn’s Australia Top Attractors for talent is below:

1

KPMG

14

Telstra

2

PwC

15

Macquarie

3

Commonwealth Bank

16

Bupa

4

Coles

17

REA Group

5

Deloitte

18

Bank of Queensland

6

Westpac

19

Vodafone

7

Qantas

20

Medibank

8

LION

21

LendLease

9

UGL

22

AMP

10

CPB

23

Suncorp

11

Origin

24

Woolworths

12

Virgin Australia

25

ANZ

13

Downer

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Ray Shaw

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Ray Shaw ray@im.com.au  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

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