Some interesting workplace facts and stats
In their 2015 State of the Manager report, the Gallup Organization reported that managers account for at least a 70 percent variance in employee engagement scores. Their research shows that most managers are not creating environments in which employees feel motivated or even comfortable, and that half of the 7,272 working adults in the United States participating in the study had left a job to get away from their manager to improve their overall life at some point in their career.
The Society for Human Research Management conducted an Employee Job Satisfaction and Engagement study in 2014 and released the results in 2015. Respectful treatment of all employees at all levels was rated as the top contributor to overall employee job satisfaction, receiving a “very important” rating from 72 percent of respondents. Trust between employees and senior management was rated as the second most important contributor, receiving a “ver important” rating from 64 percent of participants.
Quantum Workplace’s 2015 Employee Engagement Trends report aggregated the responses of more than 440,000 employees at nearly 5,500 organizations participating in the nationwide Best Places to Work program. The report states that the three top employee engagement drivers are the level of confidence in leadership, the organization’s perceived commitment to valuing employees, and employee belief that the company will be successful in the future.
Research by the Society for Human Research Management found that 79% of those who quit their jobs cite lack of appreciation as the main reason.
The Conference Board’s most recent periodic poll showed that only 45 percent of workers in the U.S. were satisfied with their jobs, the lowest level in the 23 - year history of the poll.
Research suggests that 96 percent of new employees, at the end of their first day on the job, aren’t certain they made a good decision by accepting the position.
Research by Wharton finance professor Alex Edmans found that “firms cited as good places to work earn returns that are more than double those of the overall market.”
Research by Symmetrics and others has consistently shown that a 10 percent increase in employee engagement results in a 5 percent increase in profitability.
Ten percent of all workers in the U.S.—or 15 million people—reportedly say they have bad bosses, according to a recent poll conducted by Lake Research Partners for Working America. 36 percent of workers feel some pressure to stay with a bad boss because of the economy today. 33 percent of those polled said that their bosses insufficiently recognize employees for their hard work.
An outstanding onboarding program can increase retention rates from 25-100 percent, improve an employee’s overall productivity as much as 60 percent, and improve job performance by up to 11.3 percent.