Employees display growing confidence in employers, economy

By BenefitsPro

By Amanda McGrory-Dixon

Employees are expressing confidence regarding the economy, their employers and the overall work force, according to the Randstad Employee Confidence Index.

When it comes to the strength of the economy and availability of jobs, the outlook on macroeconomic conditions hit 46.8 points, a major increase from 20.9 points in April 2008.

This marks a post-recession high.

Overall, the Employee Confidence Index also reached pre-recession levels at 57 points, which last occurred in August 2007. The Employee Confidence Index has been steadily rising this year. It hit 53.9 in March, 53.5 in February and 52.1 in January.

"We are continuing to see a renewed sense of optimism across the U.S. work force,” said Jim Link, managing director at Randstad US. “The data reveals employees are feeling an increased sense of security about their own jobs and the economy as a whole, despite relative global economy uncertainty.

"We encourage employers to take small steps to further bolster employees' outlook and loyalty to their company, such as recognizing exemplary work and enabling employees to acquire new skills."

The survey also finds that 60 percent of respondents say they are confident regarding their employers’ future, and 44 percent of respondents report that they could find new employment if they wanted.

Reflecting on the economy, 32 percent of respondents say it is strengthening, compared to 30 percent in March and February.

Originally published on BenefitsPro.com