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Job satisfaction at record lows: will we ever be satisfied?

By | January 5, 2010, 7:58 AM PST

The Conference Board just released the results of its annual job satisfaction survey, and finds plenty of discontent out there. Only 45% of the people it surveyed say they are happy with their jobs, down from 61% in 1987, the first year the survey was conducted. Last year, 52% reported job satisfaction.

The Conference Board Job Dissatisfaction Index

But is this necessarily a bad thing? There has been plenty of attention given to this perception over the past few decades, and an entire industry has grown around books, DVDs, and seminars offered to increase employee and career satisfaction.

The report, based on a survey of 5,000 U.S. households conducted for The Conference Board, blames the recent recession for part of the dissatisfaction, but something else lurks beneath the numbers. “Through both economic boom and bust during the past two decades, our job satisfaction numbers have shown a consistent downward trend,” says Lynn Franco, director of the Consumer Research Center of The Conference Board.

“The downward trend in job satisfaction could spell trouble for the overall engagement of U.S. employees and ultimately employee productivity,” she adds.

But could it?  Perhaps this high level of discontent is a healthy thing for the productivity and innovation of our organizations. It appears that employees are not content to sit in their cubicles and churn out the work asked of them. Perhaps there’s entrepreneurial yearnings that eventually manifest themselves as fresh ideas, new startups, and new products.

Maybe we should be more concerned if too many people were overly contented with their jobs.

In one of her latest posts, my colleague Heather Clancy discusses just that — how most employees do not feel challenged by their work, and companies aren’t doing a whole lot to push them to their limits.

Perhaps it presents an opportunity for forward-thinking businesses that do place high value on employee relations to move ahead of those that don’t seem to get it. It’s smart business to offer a challenging workplace where innovation and pursuing entrepreneurial opportunities is encouraged. As this survey hints, as the economy starts expanding again, those employers that don’t offer challenging work may get left behind in the dust as their talent heads for the doors. What a great window for enlightened companies to jump ahead!

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Joe McKendrick

About Joe McKendrick

Joe McKendrick is a contributing editor for SmartPlanet.

Joe McKendrick

Joe McKendrick

Contributing Editor, Business

Joe McKendrick is an independent analyst who tracks the impact of information technology on management and markets. He is the author of the SOA Manifesto and has written for Forbes, ZDNet and Database Trends & Applications. He holds a degree from Temple University. He is based in Pennsylvania.

Follow him on Twitter.

Joe McKendrick

Joe McKendrick

Joe McKendrick is an independent consultant and editor. Joe has performed project work for the following companies in the IT marketspace: IBM, Systinet/HP, Teradata. He has performed project work for the following organizations in partnership with Unisphere Research (Unisphere Media): IBM, Oracle Corp., International Oracle Users Group, Oracle Applications Users Group, Professional Association for SQL Server, International DB2 Users Group, International Sybase Users Group.

He writes for SmartPlanet and is not an employee of CBS.

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RE: Job satisfaction at record lows: will we ever be satisfied?
Gee, what could possibly be causing a rise in job dissatisfaction? Could it be that job conditions suck? Could it be that people would like to have more support, better management? Are people depressed because they don't know day-to-day whether they'll have a job when they show up in the morning? Has anyone read Dilbert lately?

Why is this even a question? I worked many, many years for a major corporation, and watched it go downhill from year to year. It started out as a company you could be proud to work for. It cared for its customers, and for its imployees. Now all that matters is the bottom line, reached by sinking to the lowest common denominator in every aspect. What will it take to wake people up?
Posted by rmberkowitz
7th Jan 2010
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RE: Job satisfaction at record lows: will we ever be satisfied?
I think the decrease in job satisfaction is linked to an increase in self awareness. However, this has not progressed to the degree that it can be incorporated into the workplace. People need to take responsibility for their own happiness at work and not only rely on the company to give them direction in their lives. I have written more on this them on my blog at http://www.kevinderman.com/?page_id=38
Posted by Kevin Derman
24th May 2010
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