This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Job Satisfaction Wanes, But SHRM Survey Shows Majority Of U.S. Employees Satisfied









Ability to use skills topples job security as biggest factor influencing how happy people are in their work

ALEXANDRIA, Va., Oct. 3, 2012 /PRNewswire-USNewswire/ -- Eighty-one percent of U.S. employees are satisfied overall with their current job, according to the 2012 Job Satisfaction and Engagement Research Report released today by the Society for Human Resource Management (SHRM).

But fewer than four out of 10 employees report being very satisfied with the elements that have the greatest impact on how they feel about work — opportunities to use skills and abilities; job security; compensation and pay; communication with senior management; and relationship with immediate supervisor.

In the 10 years that SHRM has conducted the annual survey, there have been fluctuations in employees' overall satisfaction with their current job. Satisfaction has declined slightly since its peak at 86 percent in 2009. Still, it remains four percentage points above its low of 77 percent in 2002.

"Economic, demographic and social trends are among the factors that influence job satisfaction," said Mark Schmit, SHRM's vice president for research. "Satisfaction peaked in 2009 when employees were just glad to have a job. Now we are seeing it trend down some, which may be an indication that employees are starting to look at other opportunities again as the job market is starting to turn a bit more positive. Proactive employers will monitor job satisfaction and introduce change to retain top talent ahead of the trend."

In 2012, opportunities to use skills and abilities bumped job security from the No. 1 influencer of job satisfaction. SHRM believes this provides an opportunity for employers that are experiencing a skills gap — difficulty recruiting applicants with the right skills for job openings. By training and promoting current employees to fill positions that require higher-level skills, Schmit noted, employers can open up easier-to-fill positions that require lower-level skills.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,856.78 -278.94 -1.54%
S&P 500 2,071.26 -29.78 -1.42%
NASDAQ 4,927.37 -55.4390 -1.11%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs