Press Center / Employment Surveys
Employees (15%) concerned over layoffs has reached a new low for the first time in nearly five years, according to the Glassdoor Q3 2013 Employment Confidence Survey. This comes as most employees (51%) believe their company’s business outlook will stay the same in the next six months, and 2 in 5 (41%) employees do not expect a pay raise of cost-of-living increase in the next 12 months.
One in three (31 percent) employees report they do not believe their benefits are better than those offered at competitor companies, according to Glassdoor’s latest Employment Confidence Survey. This comes as employees report greater confidence in the job market, as more than two in five (43 percent) employees (including those self-employed) believe they could find a job in the next six months that matches their experience and current compensation levels, a high since the third quarter of 2009.
According to the latest Glassdoor Employment Confidence Survey, nearly half of employees (45%) including those who are self-employed believe their company’s business outlook will improve in the next six months, a five percentage point increase since last quarter. However, despite rising employee optimism around company outlook, nearly one in five employees (19%) are concerned they may be laid off in the next six months.
Employee retention will be key for 2013 as the latest Glassdoor Employment Confidence Survey reveals nearly one in three employees will look for a new job in the next year. The report also indicates employee confidence is stabilizing as nearly half (48%) of employees (including those self-employed) expect their company’s outlook to stay the same in the next six months – up eight points from the prior quarter. Additionally, job seekers said compensation, commute and career growth opportunities are among the most influential factors when choosing to accept a job offer.
According to the latest quarterly Glassdoor Employment Confidence Survey, 51% of employed and unemployed workers believe Barack Obama has a clearer vision for jobs creation and lowering unemployment, than Mitt Romney (35%) or other candidates (14%). Glassdoor’s latest survey, which also tracks sentiment and expectations regarding future income, job security, the job market and company outlook.
Unemployed job seekers are feeling more confident about their chance of finding work over the next few months, up six percentage points from last quarter, and the highest it has been in the past three years since we began the survey. Fewer employees (38%), whose organizations have communicated negative changes, reported layoffs or plans for layoffs in the past six months. And, one in four (29%) report concern over coworker layoffs in the next six months; a four percentage point decline from last quarter.
Employee optimism for pay raises and company outlook continues to rise, reaching their highest levels in four years during Q1 2012. For the first time since conducting this survey in 2008, more employees expect a pay increase (43%) in the next 12 months than those who do not (38%). At the same time, however, 19% are concerned they could be laid off in the next six months, up two points from the fourth quarter of 2011.
The New Year is signaling some encouraging news for job seekers. During the fourth quarter of 2011, employee confidence in pay raises, job market and company outlook increased from the previous quarter. 41% of employees believe it is “likely” they would be able to find a job matched to their experience and compensation levels within six months if they lost their job, up three points from Q3 2011.
The recent roller coaster in the financial markets has U.S. employees and job seekers on edge as more than half employed adults (56 percent) and most unemployed job seekers (91 percent) think the recent volatility in the economy and financial markets will impact their career, job or job search. This economic angst may be contributing to stalled employee and job seeker confidence in the third quarter as sentiment around pay, job market, company outlook and layoffs showed almost no signs of optimism and, in many cases, revealed rising pessimism.
Glassdoor Q2 Employment Confidence Survey shows rising pessimism among employees related to their future job security, pay raises and the job market – retreating to levels not seen since the midst of the recession. At the same time, more employees say their job satisfaction is “better” than a year ago yet 1 in 4 say it’s actually “worse.”
Employees show rising confidence in job market as 40 percent believe it is ‘likely’ they could find a new job matched to their experience and compensation levels in the next six months. However, confidence in company outlook declined; men reveal significantly more optimism with 50 percent expecting their company outlook to improve compared to 28 percent of women.
View the press release or click the PDF link above to view our detailed supplement.
Employees show rising confidence in their own job security and company outlook while remaining pessimistic about pay raises and their ability to land a new job in this market should they lose their job. However, many are more optimistic about bonuses than they were this time last year. The Q4 survey also finds unemployed job seekers are feeling more likely they will land job commensurate to their experience in the next six months.
View the press release or click the PDF link above to view summary findings from the survey.
Employee Confidence Dips Despite Claims Recession Has Ended
Nearly half (45 percent) of employees reported their employers made changes to the number of staff, organizational structure, compensation and benefits or other perks in the past six months. Plus, many express concern over future layoffs, rising pessimism about job market, future pay raises and company outlook. View the press release or click the PDF link above to view summary findings from the survey.
Employee Confidence Edges Up Yet Economic Effects Still Plague Workplaces and Job Market
The Q2 Glassdoor Employment Confidence survey shows that while employee reports of layoffs declined in the second quarter, companies may be cutting more than headcount to trim costs for recovery. Plus, the Q2 survey finds many employees are still recovering from the aftermath of the recent economic turmoil. In fact, almost three in four (74 percent) employees say their career has been impacted by the economic situation in the past two years. View the press release or click the PDF link above to view summary findings from the survey
3 in 4 Employees Willing to Take Pay Cut as Cuts in Comp and Restructurings Rise
The jobs outlook may be brightening, but the Q1 Glassdoor Employment Confidence survey shows employers are still taking actions that impact employee sentiment. In the first quarter, nearly half (48 percent) of employees reported their employers made changes to the number of staff, organizational structure, compensation and benefits or other perks in the past six months. View the press release or click the PDF link above to view summary findings from the survey.
Employees Less Confident in Job Market, Company Outlook
More employees report that they expect a pay raise or cost of living increase in the next 12 months, which is up slightly from previous quarters, and most expect to receive a bonus if eligible. However employees are far less confidence that in the next six months they would be able to find a comparable position matching their experience and compensation level should they lose their current job. View the press release or click the PDF link above to view summary findings from the survey.
Employee Confidence Higher Than Expected in Q309
Employees reported fewer layoffs at their companies and fewer actions that reduced employee compensation than in the prior two quarters and reveal optimism related to future layoffs, pay and bonuses, and their ability to get re-hired. But, employers take note: should the economy return to pre-recession levels, employees reveal they expect far more than the status quo. View the press release or click the PDF link above to view summary findings from the survey.
More Companies Plan to Cut Pay and Perks
Fewer employees are expecting pay raises than we reported in the prior two quarters and more employees say they are willing to take on additional responsibilities, work longer hours, take pay cuts and unpaid leave in order to keep their job. The shift in employee sentiment occurs as more employees report their employers initiated cuts in pay and perks in the past six months. View the press release or click the PDF link above to view summary findings from the survey.
Employees Show Concern Around Layoffs But Many Still Expect Pay Raise
Despite lower employee confidence in the areas of job security and pay raises, the majority of employees have a surprising level of optimism relating to their ability to avoid layoffs, the future outlook of their employer, and expectations for pay increases. View the press release or click the PDF link above to view summary findings from the survey.