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HRS Surveys & Statistics...1999

 

 

Reward Plans...A survey of 397 US employers found a wide variety of reward plans offered by companies to workers:   (Adapted from research conducted by Watson Wyatt Worldwide, cited in The Motivational Manager.)

  • Spot Awards/celebrations  69%

  • Individual Bonus  40%

  • Formula-based plans for organizational units  39%

  • Combined organizational plan plus individual performance  33%

  • Stock options  31%

  • Organizational bonus  19%

95% are False? Researchers at Reid Psychological Systems, a Chicago-based pre-employment screening firm, polled university students and asked them if they would tell at least one lie in order to get a job. The results: 95% of the students surveyed said they would tell at least one false statement; 41% said they already had done it.  (Cited in The Working Communicator, March 1999 and Success in Recruiting and Retaining.)

 

 

Training Motivates Gen X...One thing that's likely to attract and motivate Generation X workers is training opportunities. A Gallup survey found that 80% of Gen Xers consider the availability of company-sponsored training when deciding whether to take a job; 58% of workers 32 and older said training was helpful to them in preparation for higher-level jobs, while 42% of older workers said the same.  (Adapted from The Wall Street Journal Almanac 1999.)

 

 

62% are employed.   The Bureau of Labor Statistics reports that in 1998, 62% of mothers with children under age 3 are employed, an increase from 52% in 1988.

 

 

Praise is more powerful than money... In a nationwide survey of 2,000 workers, 69% said they find praise and recognition from their bosses more motivating than money. 80% said recognition or praise motivates them to do a better job.  (Adapted from research conducted by the Gallup Organization and the Carlson Marketing Group; cited in PC Week.)

 

 

And now in the center ring...your workplace!  The job market may be booming, but morale doesn't seem to be keeping pace, at least according to a recent survey of 749 hourly workers and 541 supervisors. When asked whether their workplace more closely resembles a symphony orchestra, a medieval kingdom or a three-ring circus, 72% of the workers and 59% of the managers selected either the kingdom or the circus.  (Adapted from research conducted by Kepner Tregoe, Inc. as published in The Motivational Manager.)

 

 

Too few employees feel free to share ideas...Do your employees share ideas on making your organization a better place to work? A recent survey of 612 employed people found that most workers don't. Asked how often they share opinions with top management on how their company could attract and retain more people effectively, only 34.9% answered "frequently," and 29.3% said they do so rarely or never. Why not?  (Adapted from research conducted by Market Facts TeleNation for Minneapolis-based consulting firm In Touch, cited in The Motivational Manager.)

  • No good time or method 25.7%

  • Management doesn't care 22.9%

  • Fear of being labeled a troublemaker 23.7%

 

Career vs. family balancing...an increasingly popular benefit...Hewitt Associates' 1998 annual survey of 1020 US employers revealed 69% of employers to offer flexible scheduling benefits, compared to 58% in 1992. Also, long term care insurance as a benefit has more than tripled in the last five years.

 

 

Small Companies Pay Better? The 1998 Staffing Metrics Survey published by SHRM/EMA reveals average starting salaries of external hires to be 22% higher for small companies (<100 employees) than large companies (>1000 employees). "Medium" companies (100-1000 employees) are paying 31% less than the small companies surveyed. 176 employers responded.

 

 

360 Degree Appraisals? With the heavy burden of guidelines and rules to follow, Harvard Management Update reveals that 7 of 15 corporate participants in the Multisource Feedback Forum have ceased using multi-source systems. HRS and countless other sources find most companies choosing more user-friendly rater systems with similar benefits.

 

 

 

 

 

 

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