September 22, 2014 | Globoforce Press Release
SOUTHBOROUGH, Mass. and DUBLIN, Ireland – September 22, 2014 – Co-workers have a big impact on the experience of working for a company; yet how strong that impact is had never been explored in-depth until now. In a report released today from Globoforce® (www.workhuman.com), a leading provider of social recognition solutions, U.S. workers say that peer relationships are critical to job happiness, commitment, and creating more memorable milestone experiences. The Fall 2014 Globoforce Workforce Mood Tracker™* examines the current attitudes and perspectives of U.S. employees about work friendships, and how those peer relationships and peer recognition impact the work anniversary experience. The report’s key findings reveal how vital work relationships are, and how companies can leverage this camaraderie to improve years of service awards, boost employee commitment and engagement, and improve their bottom line. To download the full report, visit: https://go.globoforce.com/rs/globoforce/images/Fall_2014_Mood_Tracker.pdf Key insights and findings from the report include: Relationships are critical to the modern work experience and increase employee commitment U.S. employees say work friends have become central to engagement, happiness, and the quality of employees’ lives.
Years of service awards that include co-worker participation, emotion, and recognition yield more powerful results As opposed to receiving a “congratulations” solely from a manager, the impact of the anniversary experience increases exponentially when peers, emotion, and recognition are involved.
Traditional anniversary celebrations paint a bleak picture; employees yearn for a more shareable and meaningful milestone experience Being given a gold watch or lapel pin for an anniversary can negatively impact employee sentiments, as employees find little connection to this type of celebration.
“Our Fall Workforce Mood Tracker survey proves how important relationships are to our overall happiness and commitment at work,” said Eric Mosley, CEO of Globoforce. “The current workforce is one that thrives on positive emotion. With new social technologies at the forefront, HR leaders have an opportunity to transform how employees get the emotional validation they seek for their work and tenure with a company.” * The Globoforce Workforce Mood Tracker study was commissioned by Globoforce and conducted from August 13 to18, 2014 by independent market research firm MarketTools, Inc., through an online panel of fully employed persons (age 18 or older) at companies with 500+ employees in the United States. There were 716 responses generated for the survey, resulting in a margin of error of +/- 3.9 percentage points at a 95 percent level of confidence. To download the full report, visit: https://go.globoforce.com/rs/globoforce/images/Fall_2014_Mood_Tracker.pdfAbout Globoforce Globoforce is a leading provider of social recognition solutions, helping companies build strong cultures of engaged employees through the power of thanks. Named one of the Best Workplaces in the US and Ireland by the Great Place To Work Institute, Globoforce is trusted by some of the most admired companies in the world to inspire and energize employees and create best places to work. Our award-winning SaaS technology and proven methodologies empower HR and business leaders to take a modern, more strategic approach to recognition programs. The result: measurable business results, qualified by increases to employee engagement, retention, and productivity. Globoforce is co-headquartered in Southborough, Massachusetts, and Dublin, Ireland. To learn more:
Sr. Manager, Global External Comms