Salary.com Inc. has released results from its fourth annual 2008/2009 Employee Satisfaction and Retention Survey. According to the survey, employee satisfaction levels are often overestimated by employers. A set of questions new to this year’s survey found that the current economic climate was less of a deterrent to job seeking than employers anticipated, while variables such as income, job level, industry and age remained consistent factors that affect job satisfaction year-over-year. …
More than 7,141 employees and 363 human resources (HR) professionals participated in the survey which revealed new insights into who is happy, who is looking, why employees stay, where employers may be off target in their efforts to retain employees and where they may be at risk when economy recovers. The survey offers new insights to help employers align with what employee’s value and be more effective in designing retention strategies that work.
“The most interesting result from the 2008 survey was the evidence that employers were out of touch with their employees’ satisfaction levels and were overestimating the tough economic environment as a deterrent to job seeking,” said Nicholas Camelio, senior vice president of human resources, Salary.com.
Source: Occupational Health and Safety February 7, 2009