November 2019 Survey Finds Employees More Hopeful than Fearful about Tech Changes to Come at Work
ENGLEWOOD CLIFFS, N.J. and SAN MATEO, CA, November 4, 2019 – CNBC, First in Business Worldwide, and SurveyMonkey (Nasdaq: SVMK), a leading global survey software company, today announced the results of their third quarterly @Work Survey. The survey is part of CNBC’s @Work franchise, which includes a three-part event series exploring the future of work.
Each quarter, coinciding with the @Work CNBC events, CNBC and SurveyMonkey poll over 8,000 professionals to measure how Americans feel about their jobs across five key categories—pay, opportunities for advancement, recognition, autonomy and meaning.
The latest CNBC/SurveyMonkey Workplace Happiness Index finds values matter in the workplace. Sixty-nine percent of working Americans say it is “very important” to work for a company with clearly stated values. Another 22% say it is “somewhat important.” And, many younger workers (respondents ages 18-34) say they have left a job in the past five years because their employer did something that was morally unacceptable to them.
Additionally, the latest measure of the Workplace Happiness Index is an optimistic 71 out of 100, unchanged for three straight quarters, since CNBC began recording the index in April 2019.
This quarter’s survey also found that workers are generally optimistic when it comes to the role of new technologies like artificial intelligence and robotics in the workplace. Seventy-eight percent of respondents say they are “more hopeful” than fearful about changes coming from workplace technology in the next five years. And nearly half of respondents (48%) believe the quest to advance the field of Artificial Intelligence is important.
Additional key findings from the November 2019 CNBC/SurveyMonkey @Work Survey include:
“Robots and artificial intelligence might be in our future, but workers today still highly value the human aspects of work,” said Jon Cohen, SurveyMonkey’s chief research officer. “Sixty-nine percent of workers say it’s ‘very important’ to work for a company with clearly stated values. Any company trying to differentiate itself in a competitive labor market should take note—creating meaning could be foundational to your success.”
CNBC will present the results of the CNBC/SurveyMonkey @Work Survey today, Monday, November 4th on-air, online and on-stage at “@Work People + Machines” in San Francisco, CA. For more information on the survey including the full results and methodology and in-depth articles, go to: cnbc.com/work.
Methodology:
This SurveyMonkey online poll was conducted October 14-20, 2019 among a national sample of 8,155 workers in the United States. Respondents for this survey were selected from the more than 2 million people who take surveys on the SurveyMonkey platform each day. The modeled error estimate for this survey is plus or minus 1.5 percentage points. Data have been weighted initially for age, race, sex, education, and geography using the Census Bureau’s American Community Survey to reflect the demographic composition of the United States age 18 and over, then weighted for age, race, sex, education, employment status, and geography using Census Bureau’s Current Population Survey to reflect the demographic composition of United States employed population. Full results available here.
For more information contact:
CNBC
Jennifer Dauble
201-735-4721
jennifer.dauble@nbcuni.com
SurveyMonkey
Katie Miserany
katiem@surveymonkey.com
About CNBC:
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 330 million people per month across all platforms. The network's 14 live hours a day of business programming in North America (weekdays from 5:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also offers content through its vast portfolio of digital products such as: CNBC.com, which provides real-time financial market news and information to CNBC’s investor audience; CNBC Make It, a digital destination focused on making you smarter about how you earn, save and spend your money; CNBC PRO, a premium service that provides in-depth access to Wall Street; a suite of CNBC mobile apps for iOS and Android devices; Amazon Alexa, Google Assistant and Apple Siri voice interfaces; and streaming services including Apple TV, Roku, Amazon Fire TV, Android TV and Samsung Smart TVs. To learn more, visit https://www.cnbc.com/digital-products/.
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About SurveyMonkey:
SurveyMonkey is a leading global survey software company on a mission to power the curious. The company’s People Powered Data platform empowers over 17 million active users to measure and understand feedback from employees, customers, website and app users, and the market. SurveyMonkey’s products, enterprise solutions and integrations enable 335,000+ organizations to solve daily challenges, from delivering better customer experiences to increasing employee retention. With SurveyMonkey, organizations around the world can transform feedback into business intelligence that drives growth and innovation.