Satisfaction and productivity key challenges for businesses

The Snapshot of Australian Workplaces a national survey of 1,000 Australians, commissioned by Reventure, a not-for-profit global think-tank, found that 49 per cent of employees plan to look for a new job in the coming year.

Reventure lead researcher Lindsay McMillian said while businesses engaging with the issues of technology, job satisfaction, productivity and health had happier, healthier and more engaged staff with higher levels of commitment and productivity; there were many  businesses who aren’t, leading to staff dissatisfaction.

“Unfortunately the majority are not engaged, [and] are in a vicious cycle impacting on stability, commitment and productivity,” he said.

“We need to respond more effectively and at a faster pace.”

The organisation he said is launching a campaign aimed at engaging business owners and leaders to encourage them to focus on renewing their own workplaces.

“Over the next few years we will undertake more research into potential solutions to better engage employees, to lead with inspiration and to increase the healthiness of our workplaces, which generates higher productivity and economic benefits for the whole community,” said Mr McMillian.

“Happier, healthier and more engaging workplaces experience increased productivity, attract better staff, have reduced incidences of absenteeism, enjoy better cultures and benefit from added employee commitment.”