Post-Covid, professionals care more about flexibility on location and work-life balance and less about professional growth potential and culture, according to a survey by Blind and Charthop.
Q4 2020 hedge fund letters, conferences and more
Nearly one year into the pandemic, workplace satisfaction is as hard to capture as ever. Blind, anonymous professional network, and Charthop, a data-driven management platform, jointly surveyed 3,400 professionals to better understand how companies supported their employees during Covid-19 and how they influenced employee happiness. .
Professionals Are Less Happy With Work Post-COVID
- Professionals in HR and Sales are much less happy post-COVID, whereas people in strategy, finance, engineering, or marketing are only marginally less happy
-
- 66% of sales professionals were happy pre-covid
-
-
- Now, only 45% of sales professionals are happy
- 46% of finance professionals were happy pre-covid
- Similarly, 35% of finance professionals remain happy
-
- Everyone values growth potential less and flexibility on location more post-COVID
- 21% of professionals valued growth potential pre-covid
- Now, only 14% of professionals value growth potential
- 21% of professionals valued growth potential pre-covid
- 8% of professionals valued location flexibility pre-covid
- Currently, 16% of professionals value flexibility
- Work-life balance matters much more post-COVID for Finance/HR but matters less for marketing and sales
- 32% of HR professionals valued work-life balance pre-covid
- Now, 42% of HR professionals value work-life balance
- 37% of sales professionals valued work-life balance pre-covid
- Currently, 35% of sales professionals value work-life balance
- 32% of HR professionals valued work-life balance pre-covid
- Transparency from leadership and compensation matter the same for all industries except sales/support, which values transparency more post-COVID
- Culture matters less to everyone across the board
Other Findings
- LinkedIn employees’ happiness dropped from 3.9 to 3.1
-
- This drop was driven by more value on work-life balance and location flexibility and less value on culture and professional growth potential.
-
-
- Facebook saw a similar trend.
-
- Airbnb happiness dropped from 3.9 to 3.2
- The drop was driven by more value on transparency from leadership and location flexibility and much less value on culture.
- AmEx, Accenture, Bloomberg, and Tesla are among others that saw happiness increases between pre-and post-COVID
Many survey respondents were employed at tech companies, with representation highest from the following organizations: Amazon, Microsoft, Google, Cisco, Facebook, Dropbox, Intuit, and Uber. While the majority of the respondents work in tech, these results also reflect the finance and HR/ sales industries.
The survey of 3,400 full-time workers was conducted on Blind’s platform from January 15th -January 27th, 2020.
