Tuesday, May 10, 2011

the 9-5 happy rate

Most of us work a 9-5 job. Most of us work to pay our bills, but on the rare occasion, some of us actually like our jobs. At one point or another we are faced with issues of employee satisfaction and morale in the office. How does your work line up?

  • According to David Sirota et al, companies considered as having ‘high morale’ outperformed their competitors by about 20%, whereas those having ‘moderate’ or ‘low morale’ performed about 5% lower than their industry counterparts.
  • In a survey, when asked about how satisfied they were, 65% of respondents said they were “somewhat” satisfied, but less than 15% said they were “extremely” satisfied. Meanwhile, employers believe that 30% of their workers are “extremely” satisfied.
  • The most satisfied workers are the Working Retirees and those in the Healthcare and Internet industries 
  • The least satisfied workers are the Millenials (those under 30)
  • Nearly 80% of responding managers do not believe that their employees will initiate a job search in the next three months.
  • Those who plan to stay in their jobs will do so because of a best friend at work, a good paycheck, or an easy commute. It’s rather telling that none of these factors have anything to do with the work itself.
  • 65% of employed survey respondents said they are looking around 
  • Not surprisingly, the more money you make and the bigger the job title, the more likely you are to be happy at your job. 
  • People leave because of low pay, limited career path and no recognition

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