The Increasing Significance Of Workplace Experiences

Talented employees appear to be one of the most necessary groups of human resources from a corporate perspective; however, the general shortage of workforce significantly affects this area as well. In order to ensure their own development, organizations need to introduce methods that differ from their previously applied practices, as this transition is required by rising shortage of workforce and changing employee preferences. One of the novel approaches of HR, which an increasing number of managers tend to agree with, is the importance of providing positive experiences for employees. Workplace experiences largely determine attachment and loyalty to the organization and thus they might have a direct impact on organizational retention and the reduction of fluctuation. From amongst experiences provided by a workplace, the flow experience might be of paramount importance, which might depend on optimal harmonization of individual skills and job responsibilities. Therefore, the needs of existing and potential employees should be taken into account with intensifying emphasis. The study includes a summary of the aspects that represent the needs and changing preferences of labour market entrants (career starters) and employees in Hungary. The two target groups constitute the potential employee stock from an organizational point of view, therefore being aware of their needs might be crucial for ensuring the necessary human resources. There is a parallel between the demands of career starters and employees, but there are differentiating factors that point to the diverse ways of thinking of each age group. Different ways of thinking postulate different needs. Although the presence of financial factors is important for both groups, it can be said that in the case of young labour market entrants, flexibility is more important than financial aspects, which can be decisive in terms of working hours and working environment as well. In the case of already experienced employees, objective aspects are mostly predominant in terms of their expressed expectations, such as salary, stable job and financial stability. Overall, the study also shows the factors that are the least important in the light of the surveyed aspects. According to these findings, it can be concluded that for the attraction of labour market entrants, less emphasis is necessary on company name, corporate vision and social responsibility, and the focus should be shifted towards the local circumstances within the company such as the scope of direct colleagues, and availability and open communication of the management. In the case of already experienced employees, applied technology, reputation of the company and the quality of provided services and products are less important than workplace atmosphere and the balance of work and private life. Based on the study, it is possible to provide targeted experiences by emphasizing the areas that are the most relevant to each group.