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NEWS
Lumesse
launches its 'Inspiring Talent' global survey
Lumesse, the new name for StepStone Solutions launches
global survey in 14 countries and survey shows age is major factor
in workplace happiness
11 May 2011
Lumesse – the new name from today for StepStone Solutions
- has revealed the first findings of 'Inspiring Talent' - a detailed,
independent survey* of employee attitudes to their jobs and employers.
Sourced from almost 4,000 employees in larger companies in 14
countries worldwide, including Australia, China, Singapore, and
Hong Kong, the survey reveals the different attitudes to work
and employers among older and younger workers, men and women,
and different regions.
The survey found, for example, that the oldest and youngest workers
were the happiest, with employees starting work and nearing retirement
consistently reporting higher levels of workplace satisfaction
than their stressed-out, mid-career colleagues. Differences in
pay rises, training opportunities and job satisfaction between
men and women were still common, suggesting that not all employers
have made good progress in equalising the workplace experience
between the sexes in recent years.
Other key findings include:
-
Chinese staff are almost three times as likely to report large
pay rises as the global average.
-
Less than a quarter of employees always feel trusted to make
important decisions.
-
More men (10%) than women (8%) report a large pay increase (over
20%) since 2008
-
Almost 40% of older workers (56 – 60) believe they will
be recognised and rewarded if they
work harder or take extra responsibility; only 19% of Gen Y
(18 – 25) agree.
StepStone Solutions also announced yesterday, the rebranding of
the company as Lumesse.
With rapid growth in its Software-asa-Service solutions over recent
periods, and an active user base well in excess of a million people
in 70 countries, the new brand is the first step in making Lumesse
an increasingly high-profile, global player in the fast-growth talent
management sector.
Lumesse is positioned in the 'Leaders' quadrant in Gartner, Inc's
2011 “Magic Quadrant for Employee Performance Management Software”.
Leaders have strong product functionality and often provide superior
customer experience. In addition, these vendors have strong direct
sales and/or channel sales capabilities. Leading vendors also have
strong or emerging multinational solutions (with corresponding service
and support).
“As Lumesse, we are building a new kind of company, a high
technology talent management business that doesn't talk about technology,
but about people and their potential,” said Lumesse CEO Matthew
Parker. “Our rebrand is a watershed in our company development,
but it's much more than a change of name. We're building a global
talent management business that acts like a local company –
a company that can help both employers and employees have better
jobs and better results. And our 'Inspiring Talent' survey shows
that many companies have a long way to go in getting the best from
their people and in giving them careers that really inspire them.”
The
Lumesse 'Inspiring Talent' survey shows that issues remain in
the way many employers use the talents of their staff. Training,
performance reviews and workplace trust remain an issue with only
half of employees reporting that they have an effective appraisal
process and only one third saying that good training is regularly
available. Less than one in five employees said they would always
be rewarded for taking extra responsibility or working harder.
Regionally, the survey found wide variations in attitudes across
the 14 surveyed countries. US staff were most upbeat about their
companies' success. The happiest employees were in the Nordic
countries, with over 80% saying they enjoyed going to work; the
least happy in Hong Kong, with only half claiming to be happy.
However, the UK also did not fare well, being second last in the
happiness stakes. When it comes to loyalty, 57% of French employees
planned to stay with their employers,for ever? – at the
other end of the loyalty scale, the UK and Netherlands (24%) were
beaten only by Singapore, in last place for long-term loyalty
at just 17%.
The full report, Inspiring Talent 2011, will be available from
Lumesse in June 2011.
'Inspiring Talent' – the Lumesse global survey
In April 2011 Lumesse sponsored an anonymous survey
of almost 4000 employees in larger businesses
(500-50,000+ employees) worldwide. The survey was carried out
independently by a third-party survey
company specialising in consumer and employee research. Fourteen
countries, primarily where
Lumesse has operations, were covered, including Australia, Belgium,
China, Denmark, France,
Germany, Hong Kong, Italy, the Netherlands, Norway, Singapore,
Sweden, the UK, and the US. The
survey asked people to express their views on subjects such as
how happy they were at work, whether they felt their skills were
properly utilised, the career paths open to them, and the training
and career development opportunities they had.
The Magic Quadrant is copyrighted 2011
by Gartner, Inc. and is reused with permission. The Magic
Quadrant is a graphical representation of a marketplace at and
for a specific time period. It depicts
Gartner's analysis of how certain vendors measure against criteria
for that marketplace, as defined by
Gartner. Gartner does not endorse any vendor, product or service
depicted in the Magic Quadrant, and
does not advise technology users to select only those vendors
placed in the "Leaders" quadrant. The
Magic Quadrant is intended solely as a research tool, and is not
meant to be a specific guide to action.
Gartner disclaims all warranties, express or implied, with respect
to this research, including any
warranties of merchantability or fitness for a particular purpose.
Source : Lumesse
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