Job satisfaction at an all time low

Posted on Tuesday, September 28th, 2010 by

A recent survey of 2,000 employees by the Chartered Institute of Personnel and Development (CIPD) shows that, of the 2,000 employees polled, the job satisfaction index has fallen to a record low of +35, compared to +36 the previous quarter and from a high of +46 in Summer 2009. The survey found that nearly a fifth of employees (18%) thought it was likely they would lose their jobs, whilst 66% believed it would be difficult for find a new one if they were made redundant. Almost half the employees says their organisation had either frozen (40%) or cut (7%) salaries in response to the downturn, whilst 31% said their organisation had either made redundancies, or were planning on doing so (16%).