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September 27, 2013 by Greg

Global survey reveals staggering results on job satisfaction

Are People Happy at Work?  Does It Really Matter?

Here is some powerful information I found on the HITC Business website about job satisfaction

job satisfactionWork is a real drag.

With nearly half of the world’s employed population unhappy in their jobs one can’t help but wonder: What ever happened to job satisfaction?

According to staffing agency Kelly Services’ annual survey covering 120,000 respondents globally, a staggering 48 percent of employees are unhappy in their current jobs, up from 47 percent the previous year.

A combination of factors is dampening sentiment, including headcount reductions, smaller bonuses and fewer benefits as companies cut back on spending.

“The macroeconomic environment has manifested in the policies of companies. The decrease in headcount means, in some cases, one person has to do the work of two. That’s caused some dissatisfaction,” said Mark Hall, Vice President and Country Manager Kelly Services Singapore.

“There’s also a lack of security in their jobs, with employees constantly thinking about what they need to do to retain their work,” he added.

With such a high level of dissatisfaction, it is no surprise that 43 percent of respondents said they frequently think about quitting their jobs, compared with 37 percent last year.

A combination of factors is dampening sentiment, including headcount reductions, smaller bonuses and fewer benefits as companies cut back on spending.

“The macroeconomic environment has manifested in the policies of companies. The decrease in headcount means, in some cases, one person has to do the work of two. That’s caused some dissatisfaction,” said Mark Hall, Vice President and Country Manager Kelly Services Singapore.

“There’s also a lack of security in their jobs, with employees constantly thinking about what they need to do to retain their work,” he added.

With such a high level of dissatisfaction, it is no surprise that 43 percent of respondents said they frequently think about quitting their jobs, compared with 37 percent last year.

In fact, almost half of the respondents have changed their employers in the past year, with the greatest rate of job change in the EMEA region at 51 percent, compared with 45 percent in the Americas and 42 percent in Asia Pacific.

Read this article about how to create improved job satisfaction and pride in the workforce.

via Global survey reveals staggering results on job satisfaction.

Filed Under: Employee engagement speaker, Employee Retention, Job Satisfaction, Talent Management Tagged With: employee retention, happiness at work, job satisfaction

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