제 23 호 High Salary or Work-life Balance
Kicker: DEBATE
High Salary or Work-life Balance
by Ji-Min Baek, Editor-in-chief
What do you think is the most important factor in career choice? I guess that those who are currently preparing and considering about getting a job or those who are preparing soon may have thought about it at least once. In this part, generally, high income has been seen as one of the top priorities when choosing a career. Do you agree that salary has a major impact on career decisions?
However, the job market is evolving with the rise of new generations who prioritize their quality of life, making work-life balance an increasingly crucial consideration. Accordingly, many companies are introducing diverse systems such as flexible work arrangements. This article will cover salary versus work-life balance overall.
Balance Game
Balance game that involves choosing between salary and work-life balance is showing a lot on the internet. This is about having two options and choosing between one which is getting a high salary with limited personal time and another which is getting a low salary with guaranteed personal time. In this balance game, work-life balance has become an important factor in career choice to the extent that it confronts salary, which is the most important factor considered when choosing a job. As a result, it can be seen that other important factors may become more important in job selection, even if they are not related to salary.
Culture of Work-life Balance
According to a survey conducted by Career Platform Saramin, the primary criterion for job seekers and office workers in job selection is economic compensation, such as annual salary. However, the opinion that the concept of a good workplace that job seekers and office workers think of is not a place where they only pay a lot of salary, but a place where work-life balance is maintained received the most support. With a growing emphasis on work-life balance, many companies are now striving to establish this culture.
In another survey conducted by Job Korea, a career platform, office workers said they are willing to move if the welfare system is good, even if their pay is low. The most valued welfare benefit, according to respondents, is free use vacation time, which ensures personal time. Job seekers are also increasingly prioritizing work-life balance; nine out of ten indicated they consider welfare benefits when evaluating job opportunities. Furthermore, 76.9 percent expressed a preference for companies with strong welfare systems, even if salaries are not the highest.
Various welfare systems have emerged within this work-life balance culture. There is a system for working from home that allows people to work from home and flexible work that allows them to freely set commuting hours. Recently, a new work model called 'worcation' has gained popularity, combining work and vacation. Worcation offers opportunities for increased efficiency and recharging by working in new environments, traveling, or simply relaxing. As such, new systems are being created and culture is being created in accordance with the trend of emphasizing the balance between personal work and privacy.
As generations change, the tendency of job selection factors is also gradually changing. In addition to the factors seen above, various factors, such as job security and job suitability, are also being considered. What is the most important factor in your job choice? Also, do you think that salary, which is considered as a priority in job selection, is the most important factor in job selection?
Sources:
https://www.segye.com/newsView/20240704507283?OutUrl=naver
https://post.naver.com/viewer/postView.nhn?volumeNo=12655117&memberNo=9028903&vType=VERTICAL
https://terms.naver.com/entry.naver?docId=6651232&cid=43659&categoryId=43659
