Business Performance Blog
We share our news and reflections on the world of business.
Join our discussion on the latest research, reports and opinion.
Employee Passion Hit by Global Financial Crisis
Submitted by Leslie Allan on August 6th, 2010
The RogenSi’s 2010 Global Mindset Index survey reveals that employees may have been hit harder by the Global Financial Crisis (GFC) than first thought.
Key findings from the report reveal the following impacts on employee engagement:
- employee passion for the job has decreased 18% on the previous year
- Gen Y are the worst affected with a 23% drop in passion for their jobs
- one quarter of all employees are displaying indications of depression
The global recession left many organizations scrambling simply to survive. In this pressure cooker atmosphere, we expected employee motivation and well-being to be negatively impacted. Now that global and regional economies are improving, it is time to refocus our efforts on lifting employee engagement. Those organizations that devote time and resources to reengaging their workforce will be ahead of the pack.