When the Society of Human Resource Management released their 2011 Employee Job Satisfaction Survey recently it highlighted a major shortcoming in today’s workplace. Only twenty eight percent of the survey respondents reported being satisfied with their feeling of job security. The big thing here is to know that, according to the survey, job security is the number one most important aspect of job satisfaction.
Now, as a business owner, are you doing everything you can to communicate to your employees about job security? Take on a plan to defeat the local rumor mill up and down the hallways. You may have a great retention rate, yet your employees may be nervous about job security. You could create communications and meeting topics that include:
- Highlighting the long tenure of a select employee.
- Mention an employee’s retirement after a long career with the company.
- Focus on your great employee retention rate.
They may feel that people are leaving, or being cut, left and right. But, you must battle that with meetings and communications that counter that view.
If your employee retention rate is low compared to the competition, then work to fix the issues and then communicate the successes.
The survey also mentioned that 83 percent of employees are satisfied with their current position in the company. The survey goes on to list some of the major job satisfaction contributors:
- Job security
- Compensation
- Benefits
- Communication with senior management
- The employer’s financial stability
Take these into consideration as you craft your agendas and newsletters.
Modern Business Associates is an HR company that focuses on payroll and HR outsourcing. We routinely work with clients on a variety of topics related to employee satisfaction and retention. As a Professional Payroll and HR outsource organization, our clients rely on us to help them effectively deal with these kinds of topics.
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