Press Release |
Employees Are Ready to Push Beyond `Survival Mode` at Work, Employers Key to Helping Them Thrive
* Reuters is not responsible for the content in this press release.
Randstad 2009 World of Work Survey Finds New Work Order Emerging; Employees Poised for Changes in Their Career and Way They Approach Their Job ATLANTA--(Business Wire)-- Despite unemployment rates not seen in more than 25 years and businesses filing bankruptcy, scaling back or going out of business, U.S. workers report being ready to step up and regain control of their own and their companies` destinies, according to the Randstad 2009 World of Work survey. In its tenth year, the survey findings overwhelmingly point to a workforce that is eager to move past `survival mode` and focus their energies on a future where they and their companies will thrive. Employees taking steps The 2009 survey shows that 78 percent of surveyed employees are staying motivated and focused by maintaining a positive attitude; but this sentiment comes with some caution. While the majority of employees surveyed believe now is the right time to be innovative (91 percent), to focus on the future (90 percent) and expand their roles and responsibilities (83 percent), only 55 percent think it is a good time to speak their mind and far fewer (38 percent) think it`s a good time to take risks. Another interesting finding from the survey centered on employees` attitudes toward being laid off from their job. Only one in four employees (25 percent) expressed concern about being laid off in the next six months. Of those (75 percent) who aren`t concerned about being laid off, 52 percent attributed their lack of concern to having a positive attitude; this ranked higher than having a broad set of responsibilities (45 percent) and being a key player in the company`s future success (32 percent). Conversely, of those employees who are concerned about being laid off, 46 percent are exploring new opportunities at other organizations while, surprisingly, only 28 percent are exploring new opportunities within their current organization. Gen Y is more apt than any other generation to be keeping their options open and exploring outside opportunities - 47 percent have updated their resume in the past six months and 26 percent have sent their resume to another organization or recruiter. "While much attention has been given to those who have lost jobs and are suffering economic hardships, far less attention has been given to understanding, managing and motivating the workers who are still employed," says Eileen Habelow, Randstad senior vice president for organizational development. "Many companies are missing the opportunity to energize their workforce by reminding them that their consistent, strong performance is key to the success of the company. Proactively harnessing their determination and commitment for future success is one of the smartest and often easiest strategies companies can adopt." The loyalty gap The 2009 World of Work shows that employees are taking a hands-on approach to achieving company goals and being more involved in the success of their organization. Seventy-two percent of employees reported a personal commitment to their organization while 79 percent agreed that it is important that they help achieve their organization`s goals. Interestingly, only 46 percent thought their organization is committed to their success. While more employees (57 percent) are describing themselves as loyal to their employer, up eight percentage points from 2008, the proportion of employees who consider their company loyal to them has remained virtually unchanged since 2005 (about 25 percent), despite major shifts in the economy. This sentiment has widened the 23-point gap that existed last year to create a larger 32-point gap this year. The difference in perceived loyalty indicates that employees don`t feel valued and highlights an opportunity for companies to do a better job of demonstrating loyalty and support toward employees. "Companies need to do their part to keep workers connected, engaged and motivated," says Habelow. "Now is the time to focus on the employees who can make the difference between surviving and thriving. By communicating their value and role in achieving business goals, employers can retain their top talent and achieve better results once the recession is over." Optimistic, but realistic This year`s World of Work report finds employees` optimism about the future of the company down from just a few years ago. In 2003, 51 percent felt optimistic compared to 33 percent today, representing an 18-point decline. This is to be expected based on employees` anxiety about their job situation. Additionally, the proportion of workers who agree that management at their company takes action to improve employee morale has dropped by 20 percentage points to just 17 percent. Also of note, the survey revealed that a majority of workers (83 percent) feel fortunate to still have their jobs and that more than half fear for their economic well-being (52 percent). More than one in three (37 percent) felt their work environment would become less enjoyable and 34 percent were concerned their career progress will be slowed. Other 2009 World of Work survey findings include: * Only 12 percent of employees and 9 percent of employers are considering changing jobs in the next 12 months. * Although the BLS reports more men have lost their jobs than women, 58 percent of women fear for their economic security compared to 47 percent of men. * Being part of a workplace family is considerably less important to employees today (34 percent) than in 2003 (73 percent), representing a 39 percent drop * Twelve percent of employees surveyed expressed feeling envious of those who have left their organization Abbreviated Survey Methodology This survey was conducted online within the United States from March 23 to April 15, 2009, among 2,199 employees and 833 managers. Harris Interactive® panel members reflected the U.S. population of adults age 18+, employed full-time or self employed, and employers involved in decision making on strategic HR issues for at least six months. Data is weighted using Propensity Score Weighting, a proprietary weighting technique that balances all of the characteristics (e.g. demographic, attitudinal, and behavioral) of online respondents in order to project the U.S. general population. About Randstad Randstad is a wholly owned subsidiary of Randstad Holding nv, a $24 billion global provider of professional employment services and the second largest staffing organization in the world. Randstad fulfills all aspects of commercial and professional staffing for local and global customers. Services include temporary, temporary-to-hire, permanent, and outsourced placement within Finance & Accounting, Technical & Engineering, Healthcare, Industrial, IT, Legal, Life Sciences, Call Center, Creative, Education, Executive Office and Office. Other offerings include payrolling, managed services, recruitment process outsourcing and HR consulting solutions. Randstad provides skills assessments, career counseling, training, health coverage and paid vacation to eligible internal and external employees. With its 3,300 employment experts, Randstad puts an average of 50,000 people to work in the U.S. each week through its network of more than 600 branches and client-dedicated locations. More information is available at the company`s Web site, www.randstad.com. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6040793&lang=en For Randstad Holly Richmond, 404-877-5533 email@example.com www.randstad.com Copyright Business Wire 2009