The Daily Grind: Employee Satisfaction Plummets

The Daily Grind: Employee Satisfaction Plummets

Do you dread Monday mornings?

If so, you're in good company, according to a recent survey by the Conference Board.

In 2013, less than 50% of employed Americans were satisfied at their jobs, compared to 61.1% of workers in 1987. That's a record low.


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So what's the problem? Deteriorating trust between employee and employer on top of disappearing benefits could be to blame.

Top complaints cited in the survey include decreased health coverage, declining job security and inconvenient sick leave policies. On top of that, pension plans and 401(k) matches, once common aspects of an employee's experience at a company, are also disappearing.

Dissatisfaction levels also seemed to increase as salaries decreased: Only 45% of people who earn between $35,000 and $75,000 say they're satisfied overall, a statistic that drops to 24.4% among earning under $15,000. Alternatively, 64% of top earners (those making over $125,000 annually) are satisfied overall.

Another survey released this week from Monster found that 81% of employed job seekers express some level of burnout, a number that increases among the Millennial population. This could be due to the heavier workloads that new workers face compared to their more experienced counterparts who are leaving the workforce.

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But take heart: It's not all bad news for American workers. According to the Conference Board survey, employees today are happier with their physical work environment and quality of equipment on the job. Plus, satisfaction with pay, bonus plans, flexible work schedules and career development opportunities rose from levels reported between 2005 and 2007.

The best aspects of working today? 59.3% of workers are satisfied with their colleagues, and 57.9% are adequately interested in the work they're engaged in.


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