India's employee confidence grew 8.1 pc

BANGALORE, INDIA: Kenexa, provider of business solutions for human resources, announced the results of its employee confidence study, a quarterly measure of worker opinions and  component of the forthcoming Kenexa Composite. The global employee confidence index score was 98.9 in June 2009.

Recession is an opportunity: Microsoft

Employee confidence has been found to relate to multiple economic and business performance outcomes at the individual, organizational, industry and country levels as well as being predictive of consumer confidence.

The employee confidence index score for India was 99.6, UK was 99.0 and United States’ was 98.9.  India recorded a higher growth of 8.1 percent when compared to UK (rise 4.6 percent) and US (rise of 5.3 percent).

Recession was not GOOD enough?

A high level of employee confidence is achieved when employees perceive their organization as being effectively managed, competitively positioned and believe they have a promising future with their organization, job security, and skills that are attractive to other employers. Employee confidence influences individual behavior and has implications for organizational performance and economic conditions.

Countries with the highest levels of employee confidence:

Brazil =107.2, China = 102.3, France = 101.4 and Russia = 100.9

Countries with the lowest levels of employee confidence:

Italy = 97.8, Spain = 96.0 and Japan = 93.8

What had been the lowest scoring component of confidence, job security and having a promising future, has now been replaced by a worker’s ability to find employment elsewhere which illustrates that the notion of a jobless recovery is very much in alignment with how the typical employee feels.

Except Japan, the second quarter 2009 employee confidence index scores indicate that countries are becoming more positive.