Here are the results from a Salary.com survey that asked what was important for job satisfaction:
The Society for Human Resource Management survey tells us that employees value:
http://www.shrm.org/Research/SurveyFindings/Articles/Documents/09-0282_Emp_Job_Sat_Survey_FINAL.pdf
Randstad reports these three factors are essential for employee engagement:
Have you discerned the pattern? It is certainly a challenge during an economic downturn to invest in employees. But unless you do, you may loose them as soon as the job market loosens up. Here's interesting data:
Approximately 65% of employees admitted to passively or actively looking for a new job, compared to employers' estimate of 37%. Employers overestimate the degree of extremely satisfied employees nearly 2 to 1. Furthermore, this research found that Millennials report the lowest job satisfaction scores. Can you afford to lose your young talent?