More than half of Americans are unsatisfied with their careers, according to a new survey.
Only 49.6 percent of workers surveyed by the Conference Board, a research organization focused on economics and business, reported being satisfied with their employment. While this number is only marginally up from a year ago, it still falls short of 50 percent satisfaction.
Chief economist for the board’s North American operations, Gad Levanon, told the Wall Street Journal that the improving labor market, decline in layoffs, and stronger wage growth are the main drivers of this increase in worker satisfaction. (RELATED: Another Big Business Hikes Its Wages, Invests Millions In Entry Level Training).
Some 50.6 percent of workers responded to the study saying they had an improved sense of security and were satisfied with their current level of job security. While 58.8 percent said they had a high-level of interest in their work and 58.9 percent said they were happy with their co-workers, the Wall Street Journal reported Wednesday.
Job satisfaction also rises with higher levels of income, as 61.2 percent of individuals surveyed who make $125,000, or more, reported feeling satisfied with their work.
Employees were least content with “their company’s promotion policy, followed by bonus plan, performance-review process, educational and job training programs, and recognition for their work.”
Levanon told the Wall Street Journal, Employers could “include growth potential, internal communication, recognition, performance reviews and wages” to improve employee outlooks. Even if employers aim to fix these things, Mr. Levanon states that “it’s hard for me to imagine that we’ll get back to 60, but I don’t want to rule out that we can get to 55.”
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