Sept. 28, 2011 — According to the Globoforce Workforce Mood Tracker September 2011 report, a startling percentage of employed Americans are considering leaving their jobs despite an uncertain economy with a lack of new job creation. The study also reveals a direct correlation between employees’ intent to look for a new job and the level of recognition they receive at work.
According to the September 2011 Workforce Mood Tracker, employees are less satisfied in their current job and feel less appreciated for the work they do. In fact, when compared to the February 2011 results, the latest survey shows alarming trends in the U.S. workforce:
38% of employees are actively looking for a new job, up from 36%
39% of workers don't feel appreciated at work, up from 32%
52% are dissatisfied with the level of recognition they receive, up from 41%.
Companies That Recognize Employees See Lower Turnover
According to the September 2011 survey, nearly half of all surveyed said they would leave their current job for a company that clearly recognized employees for their efforts and contributions. The survey also reveals the connection between a lack of recognition and potential turnover. Among respondents who stated they plan to search for a new job this year:
Only 24% are satisfied with the level of recognition they receive at work. Conversely, 63% of employees who have no plans of leaving are satisfied with their level of recognition
32% have been recognized at work in the past three months. By contrast, 52% of those who have no intention of leaving had been recognized in the past three months.
The September 2011 Mood Tracker survey reveals the majority of employees surveyed would perform better and have higher job satisfaction if their employer acknowledged their efforts and appreciated them for their work on a regular basis:
78% of U.S. workers said being recognized motivates them in their job
69% stated they would work harder if they felt their efforts were better recognized.