Job satisfaction

Survey results released by the Conference Board research group earlier this week showed a large drop in job satisfaction - only 45% of workers are satisfied with their job versus 61% in 1987.

Researchers suggest that the lowered number of available job opportunities and lowered wages in the recent economic downturn may be partially responsible for the drop. Other possible causes may be the result of rising cost of health care and lack of interesting/challenging responsibilities.

Employers need to be wary of unhappy workers because these employees are less likely to be as innovative and productive as satisfied workers. Once the economy picks up, employers may also face an increase in turnover as these unhappy employees seek opportunities elsewhere.

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