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Stock impact report

Cash or Kudos? Korn Ferry Survey Finds Professionals Split on Whether They Want to Get Paid More or Promoted

Korn Ferry (KFY) 
Last korn ferry earnings: 3/10 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kornferry.com
Company Research Source: Business Wire
-- Nearly a Third Say They’d Look for a New Job if Passed Over for Promotion -- -- “Bottleneck or Nowhere to Go” Top Reason for No Promotion, Followed by “Politics” -- LOS ANGELES--(BUSINESS WIRE)-- While one may think a job is all about the pay check, a new Korn Ferry (NYSE: KFY) survey reveals that nearly half of professionals would prefer recognition over extra compensation. In the December 2017 survey of more than 850 professionals, 46 percent said they would prefer a promotion with no raise, with 54 percent saying they would prefer a raise with no promotion. "Let’s be clear, appropriate compensation is key to a professional’s job satisfaction, but being recognized for a job well done through a promotion is also a critical factor in motivating and retaining talented employees,” said Korn Ferry Senior Client Partner Tom McMullen. “A lack of career development opportunities Show less Read more
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