Oops! Although the economy keeps improving, working under better financial conditions hasn't improved the relationship between employer and employee. In fact, according to a Virgin Pulse survey of 1,000 worker bees, the relationship has soured substantially in the past year.
Virgin undertook a study it dubbed "Labor of Love" to try to discover how employees were feeling lately about their relationship with work.
Last year, a similar Virgin study reported that 75 percent of those surveyed felt pretty good or had no complaints about their employers. This year, that dropped to 67 percent.
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"Despite employer's best efforts, poor work/life balance could be to blame," the report concluded. "Supporting work/life balance was ranked as the No. 1 way companies can show employees they care, and nearly 40 percent of employees said they wished their employer cared more about their work/life balance — a figure unwavering from last year."
Virgin further found that flexible work arrangements are strongly desired by 44 percent of those surveyed. While that number hit 50 percent last year, it was still a highly ranked priority. And 35 percent of respondents ranked "support work/life balance" as the No. 1 workplace priority.
Two more highly rated desires: appreciation for individual contributions and a better package of core benefits, both top-ranked by 27 percent.
In general, a person's work and the company's mission top the list of what either attracts or repels employees, the survey found. More than half (53 percent) said "interesting and challenging" work is the top reason they love their company, and 38 percent said "the company's mission" is a top reason they love their company.
Respondents were also asked for their input on how various work relationships affect their moods and performance. Findings included:
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60 percent of employees said their relationship with their employer positively impacts their focus or productivity at work;
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44 percent said that relationship positively impacts stress levels;
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40 percent of respondents identified their co-workers as the top reason they love their company;
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66 percent said these relationships positively impact their focus or productivity at work.
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55 percent said these relationships positively impact stress levels on the job.
Their personal health and well-being also greatly matter to those surveyed. For instance:
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Nearly 40 percent of respondents said they wished their employer cared more about their work-life balance;
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30 percent of employees chose "free programs and resources supporting my well-being" as the number one benefit they'd like their employer to offer;
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28 percent of respondents ranked "maintaining good health, including physical, mental and social" as the number one aspect driving their overall well-being and happiness, compared to 22 percent for "financial stability."
"The results of this survey reinforce something we've long known true — showing employees some love and making it clear your company cares, boosts their engagement and wins them over for the long haul," said Virgin Pulse CEO Chris Boyce. "By offering tools, programs and resources that support all areas of employees' well-being, and helping employees understand and feel their connection to your company, you'll help your people feel their best so they can be their best."
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