Permanence in organizations depends more on development than remuneration One of the biggest challenges that organizations usually

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Permanence in organizations depends more on development than remuneration One of the biggest challenges that organizations usually face is having teams of happy and committed collaborators. In a context of labor and social changes like the one we are currently experiencing, what are the main reasons that make a person decide to stay in your organization? What makes an employee resist the temptation to leave their job for a more attractive offer? According to research carried out by Great Place to Work in Argentina, based on 80,000 employees and more than 100 companies, the main reason why a person chooses to stay at their company is professional growth and development. Indeed, 43% of those interviewed stated that professional growth and development is the main reason why they remain in companies, even above remuneration and benefits, which is in third place with 19% preferences. . For its part, and following the growing trend that has been observed for some years around the world, the balance between work and personal life (work-life balance) is in second place with 24% of responses. Other reasons and job stability are in 4th and 5th place with 9% and 4% respectively. Analysis by gender, age and position However, things change a bit when the results are analyzed according to gender. While the main reason in both cases is growth and development, there is a difference of 8 points in favor of men (47% vs 39%), while 28% of women choose to remain in companies due to the possibilities that they offer you to reconcile your work and personal life. In the case of men, the order of preferences is maintained, although the gap between work-life balance and remuneration decreases (21% vs 19%).

When analyzing the data according to the age of the people, some differences are also observed. While the reason for permanence due to development opportunities decreases as age increases, it is observed that, on the contrary, the importance of remuneration and benefits increases inversely, although this factor is located in third place. In this sense, it should be noted that it is the youngest (under 25 years of age) along with the oldest (55 years or over) who place the greatest value on reconciling work and family life. Regarding the position that people occupy within organizations, it is observed that in the highest positions growth and development have a priority place, well above other reasons. On the contrary, 26% of non-managerial personnel choose to remain in companies due to work-life balance opportunities, although remuneration and benefits obtain 20% of responses.

It is worth mentioning that when we talk about possibilities for growth and development, we are referring to the different ways in which tools and knowledge are provided to employees so that they can discover and nurture their skills and interests, as well as the possibilities for professional growth and greater specialization.. That is to say that the possibilities of growth and development are not necessarily associated with ascending vertically within the structure. The Best vs. the rest On the other hand, what happens in The Best Companies to Work For? In these companies, the reasons why employees choose to stay are presented in the same order, although here the work-life balance has an even greater weight, with 27% of responses to the detriment of remuneration and benefits, which it obtains. 16% In this sense, it can be seen that Las Mejores offer their collaborators greater benefits related to work and family reconciliation and that these are chosen by the collaborators when deciding to remain in the company.

How they stay It is essential to highlight that, beyond the reasons why employees choose to stay in their current job, what The Best Companies to Work For do is review "how they stay". It is not enough that employees want to stay, but what is really relevant is knowing how they do it, with what degree of commitment. As can be seen in the following graph, those collaborators who remain in the organization because they are committed to continuing to develop within it, are the ones with the highest perception of their work environment, with a difference of 17 points compared to the others. who stay for pay and benefits.

It should be noted that the fact of having high perceptions about the work environment directly impacts both the commitment and the productivity of employees. In this sense, The Best Companies to Work For are constantly observing and listening to their employees, and installing the issue of organizational climate in their business strategy. The climate as a key strategic variable to measure and interpret, to align culture with everyday actions; to create creative, healthy and productive work environments; environments that are recognized internally and externally, where people want to enter and stay.

Question: Give your opinion on the subject, taking into account not only what has been studied in the module but also your personal experience.