Job Fulfillment Tops Total Compensation on Executive Wish List
Executive Job Search Engine, TheLadders.com Surveys $100k+ Job Seekers on Career Growth Priorities
NEW YORK (November 22, 2004)- As we enter career assessment season, what are the factors that are most important to America's top wage earners? It's not the money, according to a survey job seekers in the $100k+ market conducted by executive job search engine TheLadders.com. When asked: "What is the single most important factor when considering a new job?" the top response was "fulfillment".
| What is the most important factor when considering a new job? | |
| Job fulfillment | 37% |
| Compensation package | 32% |
| Room for growth | 21% |
| Proximity to home | 10% |
Of the 1,566 executives surveyed, 37% said that job fulfillment was more important than the compensation package when considering a job change. It was a close race, though, with 32% of respondents placing the higher value on compensation. Twenty-one percent said that 'room for growth' was the most critical factor, and only 10% have had it with the commute, ranking 'proximity to existing home' as the most important career consideration (see table above).
The survey of registered $100k+ executives was conducted by TheLadders.com from October 8, 2004 through November 3, 2004. The margin of error is +/- 2.47%.
"At a certain level a job becomes more than just a job; it is also a big part of your identity," explained TheLadders.com founder and president, Marc Cenedella. "So, it doesn't surprise us much that fulfillment is the most important factor among executives earning $100k+. The money is certainly important, but it is really only one piece of the bigger picture that brings true job fulfillment."
Now reaching over 190,000 readers and featuring over 3,000 new $100k+ job listings each week, TheLadders.com is the largest online job search engine catering exclusively to the $100k+ market. Marc Cenedella founded TheLadders.com in July 2003 after a tenure as Senior Vice President, Finance & Operations, at HotJobs.com, ultimately shepherding that company's sale to Yahoo, Inc. (NASD: YHOO) in 2002. In May 2004 he was named Entrepreneur of the Year by award-winning marketing newsletter, MarketingSherpa, which cited TheLadders.com's unique business model as a key to its sustained growth.