Feast or famine for fat-cattery?

Today M&S boss Stuart Rose announced a slowdown in sales growth at the recovering retailer, almost a month to the day after it was announced that he got a 68% payrise last year, to £3.6m. Yes, fat-cattery, that old stalwart of the summer season, may be making a return.

Last Updated: 06 Nov 2012

But perhaps not for long. According to a new survey, the coming generations of directors - at least those who accede to the board via the marketing department - are likely to place much more value on flexibility and quality of life and much less on hard cash than those currently at the top of the corporate ladder do. A whopping 65% of the 599 people surveyed chose flexibility over salary as the key to job satisfaction.

That doesn't mean they aren't ambitious, though - career progression trumps everything else as a motivator, with a steady flow of opportunities to improve skills and do challenging work ranked number one in the survey, from the BlueSkies recruitment agency.

Of course a cynic might say that every fat cat was once an aspiring manager to whom personal development was the thing. But isn't it really a means to an end? After all, there comes a point when you have progressed your career as far as its reasonably going to, and then what do you do? Go for the money of course…

Find this article useful?

Get more great articles like this in your inbox every lunchtime