12 May 2011 #Employment
According to new research published by Lumesse, UK staff have the second least job satisfaction from 14 countries surveyed. Scandinavians were apparently the happiest staff.
The results of the survey were sourced from almost 4,000 employees in larger companies in 14 countries worldwide, including the US, UK, Germany, France, Scandinavia, the Netherlands and China.
In terms of employee loyalty, the UK also scored low, with only 24% of staff saying they intended to work at their current organisation long term. France was the most loyal country, with 57 per cent of those surveyed saying that they planned to remain with their current company "forever".
The results of the survey show that age is a major factor in employee motivation and happiness at work. Employees who are midway through their careers were the least satisfied whilst employees starting work and nearing retirement reported consistently higher levels of workplace satisfaction.
Lumesse CEO Matthew Parker said of the survey results:
"Many companies seem to be doing a great job in providing inspiring, supportive workplaces for their people," but he added . " the report card for many others has to be ‘could do better,` especially in areas like training, career development, performance appraisals and job recognition."
Employee dissatisfaction can have a negative effect on performance and also lead to higher rates of sickness absence. A lack of employee loyalty can lead to high staff turnover and increased recruitment costs. It is therefore vital that businesses take the time to ensure that their employees are happy and feel valued.
For advice and support with employee engagement, talent management, career development, performance appraisals or staff satisfaction surveys, please contact our Human Resources subsidiary company Forbury People, whose website is available at www.forburypeople.com.