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What would you take a pay cut for?

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by Aquent

on Jun 3

Aquent is the leading global staffing firm specialising in marketing, communications and creative talent. With 70 offices in 17 countries, our bloggers are better known for their incredible global network and their specialist recruitment knowledge. They are always available to chat, whether in person, by phone, email, via this blog or through their blog.

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Carolyn Hyams is the Asia Pacific Marketing Strategy Manager at Aquent, the leading global staffing firm specialising in marketing, communications and creative talent. After 6 years of working full-time with Aquent, Carolyn is now a proud mother of possibly the most beautiful child ever born and enjoys the flexible work practices that Aquent offers.

A recent survey by Robert Half in New Zealand revealed that 49 percent of the finance and accounting professionals surveyed said they would consider a lower salary in exchange for flexible working hours.

Other factors influencing work/life balance were also top scorers:

  • 44 percent said they would consider a lower salary for a better work location and
  • 39 percent said they’d consider a trade-off for the ability to work from home or for extra holidays.

Organisational factors were less important, but still rated highly:

  • 37 percent said they would consider a lower salary for a better organisational culture
  • 33 percent for the chance to work with an inspirational leader and
  • 32 percent for the opportunity for fast-tracked career progression.

I’d be interested in what Australians think is important enough to take a pay cut. Or maybe you wouldn’t consider a pay cut at all.

Personally, I probably would take a cut for more flexible working hours (though I have those right now as I work part-time as well as being a mum), but if I were working full-time, it would be very important to me.

So what would you consider a pay cut in return for?

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5 Comments

Kimota
  • Wrote on 4 Jun, at 11:02AM
I recently did just that - took a pay cut. It was a career decision as I changed industries. I could have stayed as an office manager in the employment sector earning a decent salary and receiving regular promotion, but I was bored. I took the pay cut to get into a more creative role and jump-start a new career path in copywriting and marketing. And it's working a treat. In nine months, I've managed to claw most of my old salary back - but this time I'm happier, more productive and my creative muscles are getting a workout for a change.
Stephanie
  • Wrote on 4 Jun, at 11:17AM
More training, professional development and support, flexibility to work from home and additional holidays eg, the sick leave that I dont take is converted into holidays at the end of each financial year... Is that having my cake and eating it too???
Editor | Scotland
  • Wrote on 4 Jun, at 11:27AM
"Om nom nom ..." Scott mumbles at Stephanie through crumbly mouthfuls of cake ;-)
ebauhauz
  • Wrote on 24 Jun, at 05:10AM
Interesting. Nice!
Avia
  • Wrote on 25 Jun, at 06:18PM
I would take a pay cut for more on-the-job experience and training or coddling in new aspects or areas of marketing work and would enjoy more work team communication as a opposed to jobs where there was a lot of autonomous work.

AVIA

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