CBRE Study: Salary Ranks as Top Job Selection Criteria for 60%+ Respondents

A survey by property consultant CBRE India revealed that salary is the most important factor for job selection for more than 60 percent of respondents.

When choosing a job, trust in the company’s management has also become an important factor.

In a report released by CBRE, ‘Voices from India: How will people live, work, and shop in the future?’ more than 1,500 respondents said they would like to work from home at least three days a week.

The majority of future employees (office and hybrid) across generations indicated that compensation remained the overriding factor in their decision-making process. The trust in the company’s management has become increasingly important for both sets of future employees as we move into a ‘phygital’ world with limited physical interaction,” CBRE said.

In the report, more than 80% of respondents cited improved workplace safety measures and environmental amenities as motivating factors.

According to Anshuman Magazine, Chairman & CEO of CBRE, India, South East Asia, Middle East & Africa: “The survey indicates that the majority of respondents prefer workplace quality and focus space for them to be regular at the office, but especially since the pandemic, health, and wellness have become the most important factor to consider for frequent office visits.”

He also noted that technology, space design, location, and services and amenities have become desirable factors for employees.

While hybrid working (hybrid working excludes both ‘fully office’ and ‘fully remote’ categories) has become more popular across India, 69 percent of respondents preferred to work from home at least three days per week.

The consultant noted that a slight variation in trends can be seen amongst genders as female employees tend to place a greater emphasis on flexibility when evaluating potential job opportunities because they may have higher family commitments and prefer to work remotely for a better work-life balance.

A hybrid working model is preferred by around 78 percent of respondents. Fully office and fully remote models are preferred by 15% and 8%, respectively.

Three of the top reasons for employees to visit the office were to increase their productivity, to interact with colleagues in person, and to feel more connected.

The majority of respondents in India prefer hybrid/remote working patterns since their physical presence is not required.

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