Daily News

View All News

Job satisfaction jumps: The Conference Board

August 29, 2019

Americans are feeling better about their jobs than they have in years, according to a survey released today by The Conference Board.

More than half of US workers, 53.7% are satisfied with their jobs, according to The Conference Board Job Satisfaction survey. This is up from 51.7% in the prior year and marks the second-biggest increase in the survey’s 32-year history. An improved labor market has played the main role in boosting job satisfaction, which has risen in each of the past eight years.

Other survey results include:

  • Job security soars. Survey participants ranked 23 components influencing satisfaction. Job security saw the biggest improvement, increasing by 5% from the prior year.
  • Wage satisfaction surges among millennials. Satisfaction regarding wages rose 9.8% among those aged 35 and under. However, workers in their peak earning years — those between 33 and 54 — remain most satisfied.
  • Highest satisfaction with job aspects chosen by the employee. Workers are most pleased with their commute to work, followed by the people at work, interest in work, physical environment, job security and supervisor.
  • Lowest satisfaction with a job's economic aspects. Workers are least satisfied with their bonus plan, followed by promotion policy, performance review process, educational/job training programs, recognition/acknowledgement and communication channels.

“In today’s strong jobs market, people are quitting their current positions at the fastest pace in over two decades,” said Gad Levanon, an author of the report and The Conference Board’s chief economist for North America. “It’s one of the many signs that illustrate improved opportunities for workers. They now have more leverage when it comes to increasing their paychecks and finding jobs that better align with their interests and skills.”

The survey included approximately 2,000 workers throughout the US.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.