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The latest Happiness at Work Index, a regular barometer of workplace morale, shows that employee happiness has steadily decreased during 2011. The percentage of workers reporting high levels of morale has fallen from almost half (46.6%) in January to two fifths (40.6%) in March to the current figure of just 36.5%.
With continued announcements of redundancies and pay increases few and far between, workers are once again feeling the full impact of economic insecurity – borne out in recent high profile market fluctuation. Badenoch & Clark’s latest research finds that only a third (36.5%) of UK workers are happy in their current job and a quarter (24.2%) say they are distinctly unhappy. A further two fifths (39.3%) of UK workers are currently merely ‘somewhat’ happy at work.
Nicola Linkleter, Managing Director of Badenoch & Clark said:
“The fluctuation in workplace happiness over this year can be attributed to a number of factors, including longer hours, increased financial strain at work and home, and reticence from senior management to invest in additional talent. Coupled with a lack of tangible job security, happiness at work is remarkably low, and must be dealt with as a priority issue.”