Deutlich mehr systemkritische Entscheidungen – keine extra Abgeltung: So verändert Corona den Arbeitsalltag der österreichischen Führungskräfte.
Vienna (OTS) – With the support of the Federation of Austrian Industry, the Economic Forum of Managers surveyed the work situation of Austrian managers in the six months after the Corona-related lockdown in mid-March 2020. „The first wave of the corona pandemic made particular demands on Austrian executives: Even if managers have to take responsibility day after day and are used to this burden, the extreme uncertainty of the pandemic means a form of challenge far removed from everyday management“. , explains WdF Federal Chairman Mag. Andreas Zakostelsky.
Managers understand stress as part of the professional profile
Eight out of ten executives say that the crisis has been very challenging or challenging (81%). As a result, some of the domestic managers have done a considerable amount of extra work: 58% have worked more or much more, but for 15% the pandemic has led to a reduction in the workload.
At the same time, comparatively few managers (54%) state that they feel burdened by the Corona crisis, 14% feel very burdened. “The local managers see the stress more as part of the job profile. Only every seventh top manager shows very high mental and physical stress,” explains Andreas Zakostelsky. Experienced managers have learned to live with the challenges sooner than „young“ executives. One in four of those who have been in their job for less than three years feel very stressed, with more than 11 years in the job it is only one in ten.
For the vast majority it is clear that challenges are not compensated separately
The number of system-critical decisions to be made by domestic managers has increased massively in recent months. This is confirmed by an enormous 80% of those surveyed.
Taking responsibility and making decisions, especially in difficult times, is challenging – but it is also part of the job profile. That’s exactly how two-thirds of Austrian executives see it. They take it for granted that these challenges are not compensated separately. “Managers are used to working overtime and not being paid extra for it. From her point of view, variable salary components in particular in good years are also a kind of ‚risk premium‘ for challenges and personal stress in difficult times,“ explains Andreas Zakostelsky. In most cases, variable salary components for managers are based on profit and sales targets or other agreed parameters.
Income in 2019
The results of this survey are supplemented by selected, traditional questions from the WdF income study on executive salaries in the previous year. In 2019, in the pre-Corona period, the first management level achieved an average annual gross income of 235,800 euros, the managers on the second level had an annual total income of 138,100 euros (gross). For the survey, the information from 632 executives from the first and second management levels was collected and evaluated by the market research institute TRICENSULT.
About the WdF
The Economic Forum of Executives (WdF) was founded in 1979 and represents almost 3,000 managers and decision-makers from all levels, making it Austria’s largest non-partisan executive network. The WdF offers cross-industry exchange and a sustainable network for the professional support of executives, junior executives and leaders. In addition to numerous surveys, such as the income study, a series of events and activities related to the working world of executives are carried out.
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