The Employee Perspective
~ August 26th, 2010Part of the Towers Watson: Global Workforce Study series:
Anxiety About the Future
Many employees are currently sacrificing advancement for job security.
The need for security and stability trumps everything else right now. We can see this in the workplace today – young job seekers applying everywhere to find any job. The study shows that 76% of the respondents want a secure and stable position above anything else – and only about half think it’s achievable.
Most expressed doubts about their own ability to take responsibility for ensuring their futures and their long-term financial and physical health. Roughly half agreed that they were up to the task. The focus of people in the workforce is on practical aspects of the deal – the pay and flexibility in work arrangements. These effects are being shown in the most mature economies.
Only one in 10 of the respondents use social media for business purposes and just one-third think social media improves their productivity right now. Staying connected and in touch in a more virtual workplace is increasingly important. Being connected with a network of people in your business allows you to stay aligned and effectively connected. In a world today where almost everything is on the web, using social media for business purposes can and will benefit us immensely.
More Key Stats Inside the Data
- Today, as many employees want a job for like as want to be “free agents”
- Half agree their senior leaders are effective at leading the company
- Just 38% think their leaders have a sincere interest in their well being.
- 47% think their leaders are trustworthy
- 61% question how well managers deal with poor performers.
The full study is available on the Towers Watson site.

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