The results of our first UK Workforce Mood Tracker are in. According to the survey, 64 percent of UK workers would leave their job for a company that clearly recognized their contributions. Recognition has proven to be an overwhelming motivator for British employees: 90 percent of them said that employee recognition motivates them to do a better job.
The 2012 Globoforce UK Workforce Mood Tracker is companion to Globoforce’s U.S. Workforce Mood Tracker, and provides key insights into the current pulse of the UK workforce, including attitudes and perspectives on employee engagement, recognition, and reward.
Here are a few other findings from the survey:
- Seventy percent feel appreciated at their job, compared to 11 percent of those who were never recognized.
- Thirty-five percent plan to search for a new job compared to 44 percent of those who have never been recognized.
- Sixty per cent are satisfied with the level of recognition they receive compared to seven percent of those never recognized.
- Fifty-eight percent of respondents think annual performance reviews aren’t an accurate appraisal of the work they do, indicating recognition moments are being lost.
- Nearly a quarter of respondents do not get constructive feedback throughout the year.
The Globoforce UK Workforce Mood Tracker survey also reveals the effect of the current economic climate on workforces in the UK. With widespread redundancies and salaries being cut, only six percent of respondents believe their organization improved how they motivate and engage employees throughout the downturn. Click here to read the rest of the press release, including how UK workers feel about executive bonuses.