Global Talent Barometer: High job satisfaction despite stress and limited promotion opportunities
ManpowerGroup's Global Talent Barometer, published for the first time, shows that employees in Switzerland rate their work-life balance, job security and qualifications for their job positively. However, high levels of daily stress and limited opportunities for professional development are a problem. Employers should not sit back, as there is potential to attract and retain talent.
ManpowerGroup has unveiled its first Global Talent Barometer, a comprehensive report that provides insights into employee sentiment in 16 countries, including Switzerland. The report's key metric is the Talent Barometer Score, which is calculated using three indices: Wellbeing, Job Satisfaction and Confidence. These metrics provide insights into the employee perspective and give employers the knowledge they need to review the workplace situation and their talent management strategies.
Switzerland is only average in comparison
With a Talent Barometer score of 67%, Switzerland is above the global average of 64%. This positive result is put into perspective when you consider that Switzerland is only in 9th place out of the 16 countries that took part in the study.
"The relationship between employees and employers is at a crossroads," says Eric Jeannerod, Managing Director of ManpowerGroup in Switzerland. "While it is encouraging to see that 80 % of employees find meaning in their role. But the fact that more than a third are considering a job change should be seen as a wake-up call for employers. Companies that close key gaps will not only retain top talent, but also drive innovation and maintain a competitive advantage in an increasingly dynamic and global marketplace."
Switzerland is one of the countries with the highest stress levels
At 64%, the Swiss Wellbeing Index is in line with the global average, indicating that the majority of Swiss employees enjoy a positive work-life balance and feel connected to their employers' values. One challenge, however, is the increased daily stress levels reported by Swiss employees. With 46% of employees feeling high levels of stress on a daily basis, Switzerland is among the countries with the highest stress levels, surpassed only by the Netherlands and Denmark.
In terms of job satisfaction, Swiss employees are slightly above the global average, with 64% expressing satisfaction with their role (63% globally). This satisfaction rate indicates that many employees in Switzerland feel secure in their position, which contributes to overall job stability and a positive mood in the workplace.
As far as the confidence index is concerned, the result for Swiss employees is similar to the global average, with a value of 74%. A clear majority in Switzerland (91%) are confident in their skills and state that they have sufficient access to the technologies required for their tasks. 79 % state that they have the necessary tools to work effectively.
Promoting careers, ensuring success
Nevertheless, promotion opportunities are still a concern for many, as only 51% of Swiss employees believe that they have enough opportunities for advancement in their company. This shows that there is room for improvement when it comes to supporting career development.
"Today's workforce is not just looking for a job. They are looking for an environment that values their individuality and encourages their growth," says Eric Jeannerod. " Given the complexity of the modern workplace, it is imperative for employers to prioritize the holistic well-being of employees and career development. By doing so, employers can create a culture of engagement and innovation that not only attracts talent, but also fosters loyalty and success."
Source: www.manpowergroup.ch