
New Globoforce Survey Shows Recognition Creates More Human-Focused Workplaces
March 24, 2016 | Globoforce Press Release
Report also reveals positive correlation between fostering a human workplace and employee well-being, engagement and intent to stay with a company
SOUTHBOROUGH, Mass. and DUBLIN, Ireland – March 24, 2016 – Companies that focus on creating a human-focused workplace will reap significant rewards in terms of employee well-being, engagement, and retention, according to a survey* released today by Globoforce’s new WorkHuman® Research Institute. Globoforce is a leading provider of social recognition solutions. The WorkHuman Research Institute at Globoforce is dedicated to the understanding and application of global workplace practices that create more engaged, productive, and ultimately more human work cultures. In collaboration with leaders in the human resource industry and global research experts, The WorkHuman Research Institute publishes original research on current trends that affect and influence the employee experience, culture management, and leadership. The Institute’s 2016 survey examines key practices that are most effective in creating a human workplace, and how those practices resonate with U.S. employees. The report also explores what employees value about their work culture, and what is further needed to engage employees and produce a sense of well-being and optimism that can propel company culture forward. The survey results show that when organizations create a culture of recognition, metrics that indicate an employee’s intent to stay with a company, such as happiness and trust, dramatically improve. Key insights and findings from the report include: When employees believe leaders are actively trying to create a more human workplace, culture metrics improve. U.S. employees who feel they work for a human-focused company are more likely to experience a sense of belonging to the company, feel a passion for shared company values and believe their company is a best place to work. Findings include:- When employees believe their leaders are creating a human workplace, they’re almost three times more likely to feel their company cares about them as a person (89 percent compared to 31 percent).
- Recognition has a strong influence on employees’ perceptions of leaders. Employees that were recognized within the last month are more than twice as likely to believe leaders cared about a human workplace (84 percent) than those who had never been recognized (40 percent).
- Receiving recognition at work makes people feel more appreciated (92 percent); prouder of their work (86 percent); more satisfied with their job (85 percent); happier at work (86 percent); more engaged (83 percent); and more committed to the company (81 percent).
- U.S. workers who have been recognized in the last month feel more than twice as engaged at work than those employees who had never been recognized (66 percent compared to 30 percent).
- Engagement has a direct impact on happiness – 97 percent of highly engaged workers say they are happy at work, compared to only 65 percent of disengaged workers.
- 80 percent of workers trust their colleagues but only 65 percent had trust in senior leaders.
- When workers trust colleagues, senior leaders and bosses, they are 25 to 30 percent more likely to say they love their job, with trust for senior leaders having the biggest impact. 82 percent who trust senior leaders say they love their jobs, compared to only 43 percent who distrust senior leaders.
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Contact: | Shweta Agarwal (508) 229-1541 Shweta.Agarwal@globoforce.com |