Only 45% of American workers are satisfied with their jobs according to the Conference Board’s annual survey of employee job satisfaction, well down from 61% reported in 1987. Few Americans indicated that they were happy with their jobs. In fact, the youngest group, those under 25, expressed the highest level of dissatisfaction ever recorded by any age group. But, before we think it is a youth issue, Baby Boomers, who make up 25% of the working population, had a satisfaction rating of only 46%, down from a high of 60% 20 years ago.
It is not hard to understand why employees feel as they do. The constant pounding from high unemployment, growing job security, and cuts and pay and benefits, continue to wear at workers. And, with no real relief in sight, we can expect to see these numbers to continue to erode.
As bad as these numbers are, it does not tell the whole story. A downward trend in job satisfaction translates into a drop in employee engagement and productivity. That means problems in the workplace and an adverse impact in the organization’s ability to compete.
So what can employers do? Frankly, a lot. Employers who re-engage their workers will enjoy a huge competitive advantage. When workers find their jobs interesting, like their boss and believe in their company, and feel their boss appreciates them, then engagement and productivity soar. Employees consistently perform at a higher level when they enjoy going to work each day.
While the national news is not good, employers can take advantage of this situation to move their organization ahead by focusing on employee satisfaction. It just makes sense to do so.
To understand how to engage your workforce and increase employee productivity, read Uncomplicating Management by Rick Dacri http://www.dacri.com/book_uncomplicating_management.htm