Pay and Promotion not key motivators anymore
American workers are growing increasingly unhappy with their jobs, The Conference Board reported late February. Today, less than half of all Americans say they are satisfied with their jobs, down from 61 percent 20 years ago.
This report is based on a representative sample of 5,000 U.S. households, conducted for the New York-based global research group The Conference Board by TNS, a leading market information company.
Respondents rated bonus plans and promotion policies as the
least satisfactory benefits of employment, with less than 23 percent
claiming they are satisfied with their company's policies. Satisfaction
is also low for performance review processes, workload, work/life
balance, communication channels and potential for future growth.
Today's newest entrants to the workforce are the least satisfied with their jobs. Only less than 39 percent of workers under the age of 25 are satisfied with their employment situation.
The decline in satisfaction is not just concentrated among younger workers. Satisfaction levels among all workers, regardless of age, income or even residence, have deteriorated in recent years, according to the report.
"Although a certain amount of dissatisfaction with one's job is to be expected, the breadth of dissatisfaction is somewhat unsettling, since it carries over from what attracts employees to a job to what keeps them motivated and productive on the job," said Lynn Franco, Director of The Conference Board Consumer Research Center.
"Perhaps, this is why two out of every ten employees does not see himself in his current job a year from now," said Lynn Franco.

























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