The Workplace from Salaries to Working too Hard

Tradition says none of us are ever, really, happy with our salaries. The job-hunting help site, Kickresume says less than 30% of us are happy with our current salary.

Peter Duris — Kickresume’s CEO — said 80% of workers surveyed don’t think their employers understand the true cost of living. Just 18% think their employer will pay them a fair wage without asking for a raise. Another 16% say they are super disappointed about their salary.

“They don’t believe their employers understand the cost of living right now, or trust their employers to pay them the salary they’re looking for without them pushing for it,” Duris said. “What’s more, nearly a quarter believe that their bosses don’t even care about the economic hardship that many employees are facing. Workers also believe that salary might be based just as much on favoritism as it is on whether you’re doing a good job, with 47% saying both these factors are in play, and 18% saying favoritism makes more of an impact.”

• 7% of employees think they should be paid 5% to 10% more
• 30% think they should be paid 11% to 20% more
• 28% say they should get 21% to 30% more income
• 35% think they deserve 30% more

Duris noted this looks like many employees are distrustful and disappointed about how their salaries are decided. “Companies that address these concerns and pay fairly may find their employees are more satisfied and likely to stay,” he said.

• 38% of men think they should be earning 30% more
• 28% of men think 11% to 20% more is a fair income
• 6% find even 5% to 10% is enough
• 33% of women think 11% to 20% more would be a fair income
• 11% of women said even 5% to 10% more would be enough

American workers — according to a FlexJobs survey — aren’t taking enough time for themselves. The survey found 23% didn’t take a vacation in the past year. And they didn’t even though they have access to paid time off.

Insurance agents, brokers, claims adjusters and underwriters know that story. They regularly balance huge workloads and deadlines. Many insurance jobs are tied to renewals and underwriting so many in the industry are among the 43% of American workers feeling their workload is too heavy to take time off.

And 30% worry that taking time off will cause them to fall way behind.

The FlexJobs survey digs even deeper and gets a little more insidious. Close to 30% of employees think taking a vacation will demonstrate to management a lack of commitment.

In the United States we work an average of 1,791 hours a year. Our public holidays — in which most of us get time off — number six to 11.

So we are among the hardest working people on the planet and we have a limited number of holidays. Here are statistics for workers in other countries:

Japan

Average hours worked annually: 1,607

Public holidays: 16 to 21

Lower hours and lots of holidays.

United Kingdom

Average hours worked annually: 1,525

Public holidays: 8 to 10

Moderate number of work hours but few official holidays

France

Average hours worked annually: 1,505

Public holidays: 11 to 18

Short number of work hours and lots of leave.

Germany

Average hours worked annually: 1,340

Public holidays: 10 to 13

Lowest number of work hours and the best productivity.

Mexico

Average hours worked annually: 2,128

Public holidays: 8

Longest hours worked in OECD with the fewest holidays.

Costa Rica

Average hours worked annually: 2,149

Public holidays: 12

High workload, moderate number of holidays.

India

Average hours worked annually: 2,000

Public holidays: 18 to 21

Long hours but a lot of regional holidays.

South Korea

Average hours worked annually: 1,900

Public holidays: 14

High number of hours but hourly work balance is improving.

Source link: Insurance Business America — https://bit.ly/4o9vdzz

Source link: Insurance Business America — https://bit.ly/4qwcwI5