Another cost of financial crisis: More dissatisfied employees
October 8, 2008 by Fred HosierPosted in: In this week's e-newsletter, Latest News & Views, They said what?
The world’s No. 2 staffing company believes the growing financial crisis has impacted employee morale.
A study by Randstad USA, a unit of Randstad NV, finds half of U.S. workers don’t respect their bosses and only half believe they are competent.
Randstad’s director, Eric Buntin, said in these tough economic times, companies are focusing more on the bottom line at the expense of employee relations.
Some other stats from the survey:
- Only 43% think their boss is open to new ideas
- Just 47% were willing to work overtime to impress their boss and create more job security for themselves, and
- Less than 30% believed their bosses were fulfilling their roles as motivators, role models or mentors.
October 10th, 2008 at 11:00 am
Government, Politics, businesses, etc. People are not promoted to positions because of there knowlege about that position, they are promoted because people like them, another words they are popular with a particular croud. High ranking corporate people want a work force of Managers so they can do what they want because unknowlegeable managers don’t know what is suppose to be happening for compliance–so there isn’t accountability. Pay them more and they will be quiet.
October 10th, 2008 at 12:09 pm
I agree with Sherry, this happens far too often. I have worked, and currently work, at a company who values intelligence, motivation and skills and does not tolerate office politics. It’s unbelievable to work here! I thought companies like this one were long gone, but they are not. They are just overshadowed by the greedy, selfish, and really stupid companies. We have such great technology, opportunity to continue our education within our fields, and are encouraged to be innovative. The results are happy, productive, intelligent, challenged employees. Because of these things, we find we can operate with a lot of “fluff” jobs. We have a very lean staff, but our systems are so good, it doesn’t stress the staff, and we can all concentrate on doing what we’re good at, rather than fighting, struggling and politicing! I believe that there have always been a high level of dissatified employees, and their perceptions of their bosses and management may be correct. If an employee is dissatisfied, it is the managers fault, thereby the companies fault. It doesn’t take very much to employee satisfied employees….here is the recipe - A honest company culture that believes in fairness and the talent of their employees.
October 16th, 2008 at 1:37 pm
Sue, I want to work where you work. Consider yourself fortunate. I’ve always dreamed of working for the company you describe, but had given up hope that any existed! Thanks for instilling hope once again!
October 16th, 2008 at 2:35 pm
Ann, The next time you are out looking for a company, be sure to interview them during the interview. There are some very telling signs, as to whether or not a company has a great culture or not. Culture is something that is grown and maintained from the top, but leaves tell-tale signs in the environment and on it’s managers and staff.
I’m writing a book on how to conduct a great & telling interview, but this one is for candidates, not employers! Hopefully it will be out next year. Good luck in your search for the ever elusive great company