Employee attitudes and loyalty have dropped in the past several months, even as the economy and corporate profits have rebounded, according to a national study by Minneapolis-based Modern Survey.
The survey of 1,000 U.S. working adults reveals that the percentage of people who take pride in their company has fallen to 73 percent from 79 percent between August 2009 and mid-February. Those intending to stay with their company fell to 57 percent from 63 percent, and those willing to go "above and beyond" their regular duties fell to 57 percent from 61 percent.
Fewer employees said that they'd recommend their company to others.
Don MacPherson, a founder of the 10-year-old firm that conducts surveys for employers, said Friday he was surprised by the results because the same numbers rose between August 2008 and August 2009.
However, when he previewed the results recently for a focus group that included executives from UnitedHealth Group, TCF, Ameriprise, Cargill and Xcel Energy, several executives suggested that employees are just "exhausted."
"Some of their people have been asked to do too much for too long," MacPherson said. "What I'm predicting is that when opportunities happen, some of these experienced people will leave for other opportunities. Some of these companies will have to go through the expensive process of hiring and training new people."
The survey seems consistent with the reality that big companies cut employment sharply during the 2008-09 recession, but have not added people, counting instead on the well-documented increases in worker productivity, as well as modest sales rises, to regain profitability.
The analysts at Modern Survey began the workforce-engagement polling in August 2007, while the economy was still humming. Worker sentiment bottomed in August 2008, amid huge layoffs, the credit crisis and tumbling stock market. It rose over the next year.