Confidence in the economy hits record low
New research has revealed that just 14 per cent of New Zealand workers consider the economy as secure.
That’s according to the ELMO Employee Sentiment Index – a nationwide poll commissioned by ELMO Software among more than 500 geographically dispersed working New Zealanders. The January to March report offers insight into the prevailing sentiment within the workforce, tracking changes in perceived job security and the employment landscape.
Workers anticipate a pay increase
Although workers feel the economy is less secure than it was a year ago, two thirds of workers (63%) anticipate they will receive a pay increase within the next year.
The expectations of a pay rise may be related to the proportion of workers who feel they are fairly remunerated for their work falling from 63 per cent last quarter to 59 per cent this quarter.
The insights and statistics from this report can be a helpful tool for organisations considering how best to support their workforce throughout 2022.
You can also read the Australian report containing insights from Australian workers here.