An analysis of employee reviews for more than 250,000 large U.S. organizations reveals that a comprehensive benefit mix, opportunities for career advancement and work/life accommodation are top factors in workers' happiness, outpacing even salary.
The analysis evaluated key factors that impact worker happiness, including benefits and incentives, growth opportunities, work/life balance, compensation, employees’ relationships with their boss and co-workers, work environment, job resources, company culture, company reputation, daily tasks and control over work done on a daily basis. The data accounted for how employees valued each factor and how important that factor was to the employee’s overall happiness. At least 50 employee reviews per employer were required.
A Rich Benefits Mix
Cable TV provider Comcast, which scored among the top companies for employee happiness, offers its workers a competitive benefit package that includes above-average health insurance coverage, a dollar-for-dollar 401(k) match, free financial planning services, life and disability insurance, tuition reimbursement, commuter benefits, legal benefits, adoption benefits, long-term care insurance and pet insurance. In addition, it offers free cable TV and Internet and discounted phone service for employees living in a Comcast service area.
Career Advancement Opportunities
Another top factor contributing to employee happiness is career advancement, the analysis found. Among the highest scorers in this area was the U.S. Navy, which offers service men and women a career advancement program. Service members stated that the Navy training programs provided them with skills that would be applicable in the public and private sector.
Work/life balance has been a significant influence on employee satisfaction levels year over year, according to the analysis.
Courtesy of shrm.org
How do you manage your work / life balance? We'd love to hear from you.