Job Satisfaction: Heading Further South!

The Conference Board recently released a summary of its latest survey of job satisfaction and as summarized in the report, employee job satisfaction appears to be heading downward. As the report notes,

this negative trend might spell trouble ahead for companies.

Some details include:

1. While nearly 60% of respondents in 1995 inducated they were satisfied overall, just 50% indicated they were satisfied overall in 2004. Worse yet, only 14% in 2004 indicated that they were “very satisfied” overall with their jobs.

2. Interestingly, while the 1995 survey showed that the higher the income, the more satisfied one was overall, the pattern is somewhat more complex in 2004, with employees in the 25K-35K income group expressing the most overall dissatisfaction.

3. The least satisfied workers (on average) may be found in the Mid-Atlantic and Mountain states. The most satisfied workers are found in the East South Central states (e.g., Kentucky, Mississippi).

Why the decline overall in job satisfaction? The survey attributes it to rapid technological changes, increasing productivity demands, and changing employee expectations, as well as the growing numbers of younger workers, who may feel quite differently about their jobs.

Go here to read more about the survey.

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