Based on the 2011 Dream Employers Survey conducted by Insync Surveys, RedBalloon and Drake International, Google has for the second consecutive year, topped a list of dream companies that Australians would most like to work in. This is not surprising considering last year, Google had given a 10% pay rise to its employees who also enjoy funky offices, massages and naps on company time (Ref 1).

Priorities have changed from 2010 to 2011. Company reputation is no longer the most important attraction. Pay, benefits and conditions now tops the considerations (38%). This is followed by work-life balance (37%), culture (36%), personal interest (34%), rewards and recognition (29%), company reputation (27%), innovative company (20%), products and services (16%), training and development (13%) and CEO (6%).

Work-life balance (46%) is the best way to retain employees, followed by culture (39%), pay, benefits and conditions (33%), company reputation (24%), rewards and recognition (19%), training and development (19%) and so on.

Systems and processes is the No. 1 attrition driver (41%), followed by communication (39%), rewards and recognition (38%), leadership/senior management (24%), training and development (24%), flexibility/work-life balance (22%), culture (17%), immediate manager (11%) and reputation/brand (11%).

There are 4 IT companies in the list (Google, Apple, Microsoft, Facebook), 2 airlines (Virgin, Qantas), 2 mining companies (BHP Billiton, Rio Tinto) and 2 public service employers (Police, Defence Department).
 

Company 2011 Rank 2010 Rank Change
 Google 1 1 Unchanged
 Self-employed 2 3 +1
 Virgin Group 3 2 -1
 Qantas 4 5 +1
 Apple 5 4 -1
 Microsoft 6 11 +5
 OMD 7 7 Unchanged
Walt Disney Co 8 6 -2
 BHP Billiton 9 20 +11
 Getaway 10 9 -1
 United Nation 11 15 +4
 Police force 12
 Vodafone 13 12 -1
 NASA 14
 Rio Tinto 15
 Dept of Defence 16
 Commonwealth Bank 17 14 -3
 Cadbury 18
 Facebook 19
 Lonely Planet 20 17 -3
 Sydney Water 8
 Coca Cola 10
 eBay 13
 Salmat 16
 Air New Zealand 18
 ABC 19