HomeRichmond Events NewsSuppliersDelegatesConferenceFind Your AudienceForum PortfolioVideo
Updates.png

US Business panel reports on happiness


October 2011 | US Business Panel, Report, Happiness

report-cover.jpg
Headline Findings
  • Over ½ the panel claim to be content in their present position, split 10% very and 49% mostly. 
  • 21% claim not to be happy, the rest saying their contentment is variable.
  • 69% of the panel say their workplace happiness has reduced or remained static over the past year.  31% say it has improved.  In terms of job function the happiness of Logistics professionals has improved the most and Human Resources professionals the least.
  • Unsurprisingly, the current economic situation has left its mark on the panel.  Only 34% say it hasn’t affected their workplace happiness whilst 29% say it remains difficult but they’ve had to learn to adapt.  For 3%, it remains a dark cloud on most days.
  • Figures are similar for organizations as a whole with all but 15% being affected; 14% admitting it remains a difficult time for their organization.
  • The top two areas that give the panel most workplace satisfaction (excluding promotion & a pay rise) are helping the team reach peak performance and helping their organization improve its competitive position.  The panel say they receive little satisfaction from proving a superior wrong or getting rid of a troublesome team member.  Of course they don’t…
  • The top two reasons the panel are likely to experience periods of discontent at work are slow / poor decision-making and actions of colleagues.
  • If the panel are asked to take on extra work (without additional resource or remuneration) the highest proportion are likely to view it favourably, believing it confirms the confidence their superiors have in them.  Only 18% feel they are being taken advantage of, whilst 1% refuse to do it.
  • The two departments to give the panel most grief on a regular basis are IT & Operations.
  • Asked about their families’ happiness the top 2 areas for concern are; the ever increasing cost of living and funding ‘my’ retirement.  

Loading Comments

UK v US work-place happiness comparison


October 2011 | UK Business Panel, US Business Panel, Report, Happiness

Buyers-meet-Suppliers.png

When comparing US research above with last month’s survey in the UK it is remarkable how the mood in the workplace is so similar on both sides of the Atlantic.
 
We pick out some of the relatively few differences:
 
The UK seems more averse to additional work caused by the economic situation.

 25% of respondents in the UK felt they were being taken advantage of, compared with only 18% in the US. Americans seem readier to accept the extra demands that the situation is placing on individuals.
 
The departments viewed as causing most problems were very similar with a couple of important exceptions. In the US, IT is the biggest problem-causer affecting 24% of executives.  In the UK, IT is number 3 and is only cited as causing problems by 14% or people. 
 
The Finance department is the number 2 problem causer in the UK but is only 6th on the list in the US where it appears not to be a big issue. The UK appears to have an issue with Finance departments getting in the way.
 
People’s worries about their families appear very different.
Top concerns in UK are:
  • Children’s debt to fund University
  • Ever-increasing cost of living
  • How their children will get on the property ladder
In the US their top concerns are:
  • Ever-increasing cost of living
  • Funding “my” retirement
Clearly University fees are new in UK and have always existed in the US. Property in the US remains available at much cheaper prices.
 
In the UK supply remains well short of demand and pricing is (where any property is being sold) relatively high.
 
Finally and most worryingly, business confidence in the US is down and is now at the lowest level since we began our surveys in August 2009.

Loading Comments

UK Happiness in the Workplace - the latest UK Business Panel research report


September 2011 | UK Business Panel, Happiness

report-cover.jpgWhilst just over half of the panel claim to be content in their present position, this means 47% are not.

63% of the panel say their workplace happiness has reduced or remained static over the past year. 37% say it has improved.

Unsurprisingly the current economic situation has left its mark on the panel. Only 31% say it hasn’t affected their workplace happiness whilst 37% say it remains difficult but they’ve had to learn to adapt.

Figures are similar for organisations as a whole with all but 19% being affected; 14% admitting it remains a difficult time for their organisation.

The top two areas that give the panel most workplace satisfaction (excluding promotion & a pay rise) are helping their organisation improve its competitive position & helping the team reach peak performance. The panel say they receive little satisfaction from proving a superior wrong or getting rid of a troublesome team member. Of course they don’t…

The top two reasons the panel are likely to experience periods of discontent at work are slow / poor decision-making and actions of colleagues.

If the panel are asked to take on extra work (without additional resource or remuneration) the highest proportion are likely to view it favourably, believing it confirms the confidence their superiors have in them. Only ¼ feel they are being taken advantage of.

The two departments to give the panel most grief on a regular basis are Operations and Finance.

Asked about their families’ happiness the top three areas for concern are; the high levels of debt their children will take on to fund university, the ever-increasing cost of living and how their children will get on the property ladder.

For the full report please contact  David Clark

Loading Comments

UK Who is happy - who is not


September 2011 | UK Business Panel, Research, Happiness

story6.jpg

We have talked about workplace happiness and the findings of the Richmond Research Panel.

It is perhaps interesting to look at how different departments perceive workplace happiness over the last 12 months, particularly since many of them are talking about the same organisations.

Less happy are Logistics, then IT and particularly Human Resources. 58% of HR people feel happiness has reduced over the last 12 months.

Communications Directors feel it's about the same.

Finance Directors and Marketing Directors are happier, which is interesting because these two groups usually have opposing opinions.

Surprisingly perhaps, Retail executives are happier still, despite the reported difficulties on the high street.

Happiest of all are our PIMS customers from financial services.

Those potentially closest to the problems of the financial crisis appear to have improved most in terms of happiness over the last 12 months.

We leave you to speculate on the reasons, as ever details of our research are available from David Clark

Loading Comments

Recent Comments

Powered by Disqus

Richmond Events on twitter


General Enquiries:

UK
T: +44 (0) 20 8487 2200
F: +44 (0) 20 8487 2300
general@richmondevents.com

USA
T: +1 212 651 8700
F: +1 212 651 8701
general@richmondevents.com

Switzerland
T: +41 79 358 40 00
F: +41 61 544 74 44
general@richmondevents.com

Italy

T: +39 02 312009
F: +39 02 3313976
general@richmondevents.it

Get in touch

How can we help?
 Security code