One of the interesting things about this recession has been the modest rise in job satisfaction: People have been happy just to have a job, for the most part.
But that sentiment may be shifting as the economic tide starts to turn, according to a new survey by Adecco.
Workers’ dissatisfaction with their employers gravitates toward three areas: compensation, retention efforts, and career growth.
- 66% are not satisfied with their current compensation
- 78% are not satisfied with the company’s overall retention efforts
- 76% are not satisfied with career growth opportunities at the company
I would have thought that more than two-thirds of workers would report dismay over their compensation. After all, 2009 was the Year of the Salary Freeze.
I’m a little surprised by the overall job dissatisfaction reported in the Adecco survey. The findings contrast a similar survey by Yahoo! HotJobs at the end of 2008 (see article), in which 38% of workers said they were “very satisfied” with their jobs, a bump from 28% percent in 2007. Also, a study by SHRM in June 2009 found that 40% were “very satisfied” with their jobs.
“What workers are telling us is that even during a recession, just having a job does not equate to job satisfaction,” said Bernadette Kenny, chief career officer, Adecco Group North America.
True enough; hiring is still happening. But even though some economists say we’re closer to an economic recovery, it seems too early to tell — at least from the job-market perspective. It’s still VERY competitive out there for job seekers.