Globoforce Survey: More Americans Satisfied with Recognition at Work
Fall Workforce Mood Tracker finds 22 percent increase in recognition satisfaction
and 25 percent more U.S. workers who love their job
SOUTHBOROUGH, Mass., and DUBLIN, Ireland – December 12, 2012 – Globoforce® (www.globoforce.com), the world’s leading provider of social recognition solutions, today announced the results of its Fall 2012 Globoforce Workforce Mood Tracker™, a semi-annual survey that provides insight on the current attitudes of U.S. workers. According to the Fall 2012 survey*, workers’ satisfaction with recognition rose 22 percent over the past 12 months (from 49 percent to 60 percent). To download the full report, click here.
This increase in employee satisfaction coincides with steady gains across several metrics. Looking at the trend lines in the past 12 months, the survey finds workers are more likely than ever to love their jobs, feel appreciated, and feel fairly rewarded. Between Fall 2011 and Fall 2012, the percent of employees who:
- Feel appreciated rose from 61 percent to 67 percent
- Love their job jumped from 51 percent to 64 percent
- Say people are fairly rewarded (by performance) increased from 41 percent to 48 percent
According to the Globoforce Workforce Mood Tracker, recognition is a significant contributor to that satisfaction, with 82 percent of survey respondents reporting that receiving recognition makes them more satisfied with their jobs. The Fall 2012 survey results also show the strong impact of recognition frequency. Of employees who had received recognition within the last six months:
- 78 percent report loving their job, compared to 49 percent who had not received recognition within the last six months
- 56 percent describe themselves as “highly engaged,” compared with 33 percent who had not received recognition within the last six months
- 18 percent said they are searching for a new job, compared with 33 percent who had not received recognition within the last six months
“U.S. employers have made incredible progress moving the needle on employee satisfaction levels in 2012,” said Eric Mosley, CEO of Globoforce. “Our recent survey indicates a direct correlation between the frequency of recognition and the percent of employees who feel appreciated, love their jobs, and intend to stay. These levels of increasing positivity are great signs for companies as we head into 2013.”
For more information on how to benefit from recognition done right and create a more productive and engaged workforce, visitwww.globoforce.com or go www.crowdsourcedreviews.com/ to buy the recently-published e-book, The Crowdsourced Performance Review by Eric Mosley.
* The Globoforce Workforce Mood Tracker study was commissioned by Globoforce and conducted on September 27-October 2, 2012 by independent market research firm MarketTools, Inc., through an online panel of fully employed persons (age 18 or older) at companies with 500+ employees in the United States. There were 742 responses generated for the survey, resulting in a margin of error of +/- 3.9 percentage points at the 95 percent level of confidence. To download this latest report, visit:http://go.globoforce.com/rs/globoforce/images/Fall_Moodtracker_2012Survey_web.pdf
Globoforce is the world’s leading provider of social recognition solutions, redefining how companies understand, manage, and motivate their employees. Innovative companies around the world use Globoforce’s cloud-based social recognition software to reveal the true performance and influence of every employee and strengthen company culture. With Globoforce, HR and business leaders can take a strategic approach to recognition programs that result in measurable benefits to the bottom line driven by increases in employee engagement, retention, and productivity. Globoforce is co-headquartered in Southborough, Massachusetts, and Dublin, Ireland.
To learn more:
- Visit: http://www.globoforce.com
- Read: http://www.globoforce.com/gfblog/