In a survey conducted at the end of 2023, jobs.lu aimed to assess the job satisfaction of employees in Luxembourg and better understand their career expectations.
While nearly one in three employees currently declare themselves to be unsatisfied with their role, 41% of respondents state that their level of satisfaction has improved over the past twelve months.
Work-life balance constitutes the primary factor influencing employee satisfaction levels, surpassing salary compensation. Other determining factors include job-related responsibilities, career opportunities and the social dynamics of a workplace.
Luxembourg, January 18, 2024 – So, are Luxembourg workers satisfied with their jobs, and what are the main factors contributing to their satisfaction at work? These questions formed the crux of the latest survey conducted by jobs.lu at the end of 2023. The primary recruitment platform in Luxembourg interviewed 1,150 employees on the topic of “job satisfaction and career expectations in 2024.”
A previous press release indicated that 46% of employees surveyed expressed a desire to change roles in the course of 2024. Beyond this, the survey sought to delve into employee satisfaction levels with their current roles.
4 out of 10 workers satisfied with their current roles
Conducted last December, the jobs.lu survey asked Luxembourg workers to rate their level of satisfaction with their current role on a scale of 1 to 10.
- 41.76% of respondents declared themselves satisfied with their current professional situation, giving a score of between 8 and 10.
At the other end of the spectrum, 29.82% of workers expressed dissatisfaction with their current role, with a score of 5 or less.
Overall improvement in job satisfaction
The survey aimed to determine whether workers’ job satisfaction tended to improve or deteriorate overall. In this respect, it appears difficult to identify clear trends among the results. For 31% of respondents, satisfaction levels remained the same. These tended to improve for 41% of respondents, and deteriorate for 28%.
Significant disparities between employers
“If numerous workers state that they are considering changing jobs, we can see that the overall satisfaction level is maintained. For one-third of respondents, it is improving. This reveals a great disparity in the situations experienced by workers on the ground.” explains Arthur Meulman. “Many employers are making considerable efforts to retain their employees and attract new ones. These players are in fact becoming more attractive and have the capacity to make a difference in the job market. Those who have not grasped the significance of this are at risk of seeing their teams move on to new horizons.”
Team dynamics and relationships with colleagues constitute a key lever of satisfaction for half of workers
The survey conducted by jobs.lu sought to learn more about the main elements contributing to employee satisfaction in their roles.
Work-life balance was the factor most frequently mentioned by respondants. This aspect was cited by 60% of respondents, coming ahead of salary compensation (52.04%).
Other important factors for employees include:
- Team dynamics and relationships with colleagues (47.59%)
- Autonomy and flexibility at work (45.93%)
- Job-related responsibilities (32.96%)
- Opportunities for development and career advancement (30.56%)
“Previous surveys had already revealed that salary alone is no longer a determining factor for employee satisfaction. While confirming the demand for better work-life balance, these results primarily highlight the importance of the social element of the workplace.” explains Arthur Meulman. “Beyond individual benefits linked to salary or flexibility, it is evident that team dynamics play a crucial role in employee satisfaction. Employees want to develop relationships, build a network and grow with others. While much has been said about remote work, we now realise the importance of the connections forged in the context of the workplace.”
Would you like to know more?
Hannah Arnoldy
Marketing Manager
T: +352 27 99 27 98 38
E: hannah.arnoldy@jobs.lu
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Methodology
As part of its survey, jobs.lu submitted a questionnaire to a sample of active employees in Luxembourg on the topic of ‘professional satisfaction and career expectations in 2024’. 1,150 people responded to the questions between 20 November and 8 December 2023. The collected data reveals trends related to employees’ satisfaction with their current situation and provides insights into their expectations for the upcoming year.