Search Results for: job satisfaction

Job satisfaction keeps employees motivated more than bonuses

Job satisfaction keeps employees motivated more than bonusesThe reported levels of stress felt by banking employees already suggests that generous bonuses do not necessarily equate loving the job. Now a new study published today by the Institute of Leadership & Management (ILM) confirms that across the business sector, the single most effective motivator is job satisfaction (59%), with just 13 per cent saying the prospect of receiving a bonus or other financial incentive motivates them to work harder in their role. The survey of over 1,000 employees found that a competitive salary and a good pension are highly effective motivators (49%) but getting on with colleagues (42%) is nearly as important. The report also highlights how important good managers are to ensuring happy and motivated staff. More →

Wellness linked to job satisfaction and engagement

Did ‘Blue Monday’ really get you down, or are you happy in your work? If you are engaged with your work, research suggests you’re most likely to have a healthier lifestyle. The findings from Gallup Daily tracking found that engaged employees are deeply involved in and enthusiastic about their work, those not engaged may be satisfied, but are not emotionally connected to their workplaces and are less likely to put in discretionary effort. And employees who are actively disengaged are emotionally disconnected from work and workplace and jeopardise their teams’ performance. More →

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

job dissatisfactionWidespread job dissatisfaction means a large proportion of senior executives from top US companies plan to leave their organisations in the next two years, according to a new report from KellyOCG. According to the 2022 KellyOCG Global Workforce Report – Re:work – there’s a significant disconnect between employees’ expectations and the support employers provide. Through a survey of C-suite leaders, board members, department heads, directors, and managers in 12 countries, including the United States and Canada, the report claims that 78 percent of US executives and 52 percent of Canadian executives, compared to 72 percent of leaders globally, aim to leave their jobs by 2024. More →

Workplace wellness initiatives improve job morale, satisfaction and performance

It emerged this week that workplace wellness programs may not be as effective as previously thought in creating a healthier workforce and, of particular relevance for US firms, reducing health-care costs, but another US study paints a more positive picture. While concurring that determining the bottom-line impact of wellness programs continues to be a challenge for employers, this latest study does find a strong link between the wellness and vitality of an organisation and the health and wellness of its employees, which impacts directly on employees’ increased job morale, satisfaction, commitment and performance. The survey of approximately 1,300 businesses and 10,000 employees conducted by Virgin HealthMiles, Inc.  found that workers also place a premium on the culture of wellness with 87 per cent claiming that health and wellness initiatives play a role in determining their employer of choice. More →

Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

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Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. More →

People will leave jobs that don’t align with their values, author claims

People will leave jobs that don’t align with their values, author claims

Pay and benefits are no longer the only critical factors in deciding where to work, with a majority citing their employers’ values (80 percent) and commitment to the environment (76 percent) and social equality (75 percent) as key criteria, claims a survey commissioned by advocate and author Paul Polman. More →

Hybrid working is now an essential part of many job offers

Hybrid working is now an essential part of many job offers

A bunch of carrots to illustrate how firms are using hybrid working and other benefits to attract talentA new US study conducted by IWG  claims that employers view the hybrid working model as an essential part of their toolbox when it comes to recruitment, hiring and retention, with nearly 95 percent of HR leaders saying it is an effective recruitment tool. Released today, the ‘HR Leaders & Hybrid Working Report’ examines findings from a poll of more than 1,000 HR professionals at managerial and board level. More →

Employees who practice mindfulness are more likely to think their job is stimulating

Employees who practice mindfulness are more likely to think their job is stimulating

Mental health mindfulnessEmployees who practice mindfulness are less bored at work and less likely to quit, according to a new study. Researchers found that in monotonous jobs, employees who are more ‘mindful’ have greater job satisfaction, are less likely to quit and think their job is less boring. The study, entitled “It’s so boring – or is it? Examining the role of mindfulness for work performance and attitudes in monotonous jobs”, has been published in the Journal of Occupational and Organizational Psychology and is co-authored by Andreas Wihler of the University of Exeter Business School, Ute Regina Hülsheger of Maastricht University, Jochen Reb of Singapore Management University and Jochen?Menges of the University of Zurich and Cambridge Judge Business School. More →

People who are proactive at work find their jobs more meaningful

People who are proactive at work find their jobs more meaningful

Being proactive at work is key to finding your job meaningful, a new study from ESSEC Business School suggests. According to the research, undertaken by Karoline Strauss, Professor of Organisational Behaviour at ESSEC Business School, proactivity at work and job meaningfulness are linked, especially when employees are otherwise unsure about the impact their tasks will have. More →

More than a third of legal professionals considered quitting their jobs due to poor mental health

More than a third of legal professionals considered quitting their jobs due to poor mental health

legal professionalsMore than a third (37 percent) of legal professionals have considered leaving their role due to poor mental health and wellbeing, according to the latest research from Exizent. More →

Age discrimination impacts job prospects of millions of over 50s

Age discrimination impacts job prospects of millions of over 50s

ageA total of 2.99 million recent job seekers over 50 (52 percent) believe their age has made employers less likely to hire them, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). More →