Surveying employee opinions

Assignment Help Microeconomics
Reference no: EM1374977

Surveying Employee Opinions

June 26 2008 - A recent survey by Opinion Research Corporation found that many US businesses are missing out on vital feedback and ideas from their own workforces.
Opinion Research Corporation's annual employee research survey shows that 44% of the 1437 respondents do not carry out employee surveys - compared to 47% in 2007. And almost a half (46%) of businesses that conducted surveys did not make any organizational changes as a result of employee feedback (slightly worse than the 44% in 2007).
Employee surveys were most popular in the South (57% of companies questioned) while those in the North Central region ( Ohio, Indiana, Illinois, Michigan, Wisconsin, Minnesota, Iowa, Missouri, North Dakota, South Dakota, Nebraska, Kansas) were the least likely (52%) to take any action following employee surveys, compared with 42% in the West.
Terry Reilly, Director of the Employee Engagement practice at Opinion Research Corporation US said:
"Your employees hold the key to your success. An employee survey gives them the opportunity to let their feedback be heard and become part of the ongoing strategy of the organization."
The research shows a strong correlation between positive employee perception and the responsiveness of an organization to employee survey feedback. 84% of workers in businesses that acted on survey feedback felt that the changes positively affected them personally - up from 74% in 2007. However, nearly one quarter (23%) of these did not think that the change was communicated well in the workplace.
US results were much better than those from a similar study in the UK where only 32% of respondents thought that change was managed effectively in their organizations - compared to 63% in the US. And only 43% of British respondents said they had the opportunity to contribute their views before changes were made to their jobs. This compared to 62% in the US.
Terry Reilly commented:
"Ineffective management of change within an organization can lead to increased uncertainty in the workforce. Offering employees the opportunity to voice their opinions before change is implemented can significantly improve employee engagement, and, in turn - the success of the organization."
Top Themes in Employee Surveys
An analysis of employee responses to opinion surveys in 2006 found a number of recurrent themes. HR Solutions, Inc., a Chicago-based management consulting firm specializing in Employee Engagement Surveys, compiled a top 10 list of the issues that concern employees the most:
1. Higher salaries. Pay is the number one topic for employee dissatisfaction.
2. Internal pay equity. Employees are particularly concerned about 'pay compression' (defined as the differential in pay between new and more tenured employees).
3. Benefits programs. Particularly health/dental, retirement, and Paid Time Off/vacation days. Many employees are unhappy about the cost of health insurance, especially prescription drug programs.
4. Over-management. "Too many chiefs, not enough Indians" is a typical comment.
5. Pay increase guidelines. There should be a greater emphasis on merit.
6. The HR department. They need to be more responsive to employees' questions and/or concerns.
7. Favoritism.
8. Improved communication and availability. This applies to both supervisors and upper management.
9. Over-work. Workloads are too heavy and/or departments are understaffed.
10. Facility cleanliness.
Responses from written feedback can be different than verbal employee feedback sessions, according to Jennifer Rand, Principal Consultant with HR Solutions. "Most of what the consultants hear during the feedback sessions supports in great detail the themes of the written comments. The comments most prevalent are usually those things that have changed, whether negative or positive, i.e. benefits, since it is human nature to resist change," she said.
HR Solutions say that organizations should not overlook the write-in comment section of their employee survey as Quick Wins oftentimes originate from it. Quick Wins are easily implemented, actionable improvements to workplace setting or environment involving little resource investment. They can lead to immediate improvements in employee engagement and reassure employees that managers are acting on the survey findings.

 

Reference no: EM1374977

Questions Cloud

Reducing poverty and improving human welfare : Discuss why is increasing per capital income necessary but not sufficient for broadly dipping poverty and improving human welfare?
Economic technological revolution : Select 5-innovations associated with Industrial Revolution and five innovations from Technological Revolution. For each innovation, recognize the effects it had on individuals, societies, businesses, and politics.
Flat rate tax on income : How would income distribution and resource use change if a flat rate tax on comprehensive income were substituted for current progressive income tax in United States?
Determine dissociation energy of molecule : Identify the orbitals to which a 4d electron may make an emission transition in the hydrogen atom and determine the dissociation energy of the molecule
Surveying employee opinions : June 26 2008 -  A recent opinion through Opinion Research Corporation found that many United States businesses are missing out on vital feedback and ideas from their own workforces.
Property tax effect on foreign investment : Assume you were appointed economic adviser to a less developed country in Africa. The country seeks to encourage capital formation and wants to raise the rate of saving of its own residents and encourage foreigners to invest in their country.
Perform financial analysis of a public company : How does the above relate to the market that the business is in, i.e. need to perform competitive and economic analysis and macro economic analysis is company's sales cyclical or counter cyclical for example
The supply and demand for children : Discuss why the number of children that a family has may differ in an Industrial Society and a Third World Agrarian Society.
Article analysis - can anyone really create jobs : The current economic downturn has been called a housing disaster, a financial disaster and a debt crisis, but the simplifying logic of the political season has settled on what is really more a result than a cause.

Reviews

Write a Review

Microeconomics Questions & Answers

  Output determination in multi-plant business

A firm uses two plants (A and B) to produce the product. The plant's marginal cost functions are given by the following equations:

  Determine the annual holding costs

Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units.

  Find effect of the price of the yen in terms of dollars

Using a separate supply and demand diagram for each part, illustrate the effect of value of the yen in terms of dollars of each of the following;

  Find consumer surplus in dollars

Assume that the market demand for broccoli is given through Q=1000-5P and the market supply of broccoli is given through Q=4P-80 where Q is quantity per year measured in hundreds of bushels

  Basic microeconomics concepts

In the competitive industry, reduction in property tax rate on fixed capital (plant) would reduce the fixed cost of all firms. This would have the following short-run effects on P, Q, and q respectively.

  Change balance of fixed and variable costs

Select an organization that has a high fixed cost and low variable cost balance to run its operations. Explain and discuss the balance of fixed and variable costs for the organization.

  Decisions of short run production-price decline

A firm produces 10 units per week at a price of $500 each. With AFC of $100 and AVC $350 per unit, the firm is earning economic profits of $500 per week.

  Production possibilities for the firm

The following is the production possibilities for a firm. At 0 labor units (strangely enough), there are 0 units produced. At 1 labor unit, there are 10,000 units produced, at 2 labor units, there are 25,000 units produced, at 3 there are 45,000, ..

  Determining marginal product of labor

Determine whether the firm is operating efficiently, given that its objective is to minimize the cost of producing the given level of output. Determine what changes (if any) in the relative proportions of labor and raw materials need to be made to..

  Question on breakeven point

A firm that has total fixed costs of $40,000 sells its output for $250 per unit and has an average variable cost of $150. If the firm's cost and revenue curves are linear, how much output must the firm product to break even?

  Checking for optimal combination of inputs

A printer's wage rate is $20, and the price of a printing press is $5,000. The last printer added 20 books to total output, while the last press added 1,000 books to total output.

  Calculations of price elasticity

Demand for a managerial economics text is given by Q=20,000-300P. The book is initially priced at $30.00. Write the demand equation for which the price elasticity of demand is zero for all prices.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd