A new report, “What New Tech Employees Need: Insights for Driving Engagement and Retention,” released by Culture Amp—an employee feedback and analytics platform—offers new insights into retaining and engaging your tech workers.
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According to the report, the most exciting organizations in the world right now are predominantly “New Tech” organizations. New Tech companies are internet-based and disruptive, bringing new solutions to old challenges through innovative thinking—not only for technology products and services, but also in how they think about people, including employee engagement.
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Using functionality from the Culture Amp employee feedback platform, researchers were able to answer the following questions:
- What are the key drivers of engagement?
- How does engagement compare between New Tech and Traditional Tech organizations?
- What separates the most engaged companies from the least?
- What can text analytics reveal about what’s important to New Tech employees?
Key findings from the report include:
- Over the last 3 years, engagement remains stable for New Tech workers.
- Larger organizations (500+ employees) tend to struggle with keeping employees motivated and, in turn, employees are less willing to recommend that company to their peers.
- Comparing New Tech to Traditional Tech workers, New Tech employees score higher on motivation and pride.
- Traditional Tech organizations score higher on long-term commitment with a six-point advantage over New Tech.
- New Tech workers favor organizations that show that their employees are important to the overall success of the company, making it the top key driver in engagement.
The research also highlights the six main areas companies should focus on, in order to improve New Tech engagement. These areas include:
- Leadership
- Learning and development
- Company confidence
- Alignment and involvement
- Social connection
- Collaboration and communication
Culture Amp provides a collection of inspirations for actions to take to improve scores on these drivers. For more information on these actions, or to download the full report, click here.