The People & Culture Platform | Culture Amp

Finance (0–100) 2020

The finance benchmark represents a broad range of finance and investment focused companies. They range from more traditional finance companies (often those focused on modernizing) as well as more disruptive finance companies that might be described as 'FinTech'. This benchmark only includes organizations of size 0–100 employees.

  • Emerging

    Benchmark status

We consider this an emerging benchmark: it has enough data available for us to use bootstrapping to create a representative sample. As the sample grows in size, some scores may slightly change. Our research has shown that our bootstrapped scores are consistent with our standard benchmarks. Read more about the methodology.

Data provided by Culture Amp

Industry breakdown

  • Investment Banking

    28%

  • Insurance

    22%

  • Investment Management

    17%

  • Financial Services

    15%

  • Commercial Real Estate

    13%

  • Venture Capital & Private Equity

    4%

Region breakdown

  • North America

    55%

  • Oceania

    28%

  • Europe

    15%

  • Asia

    2%

Are employees committed to their organizations?

Engaged people are emotionally committed to their organization. These people stay at their organizations longer and are more productive and effective. Successful organizations have more engaged employees.

76% of Finance (0–100) employees are engaged

This is in the top 8% compared with the overall average.


The average eNPS score for organizations in this benchmark is 25 and is in the top 15% compared with the overall average.

Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

[Company] motivates me to go beyond what I would in a similar role elsewhere

76%

7% above global average

I would recommend [Company] as a great place to work

88%

6% above global average

I see myself still working at [Company] in two years' time

67%

4% above global average

I rarely think about looking for a job at another company

59%

4% above global average

I am proud to work for [Company]

90%

4% above global average

The highest scoring question for Finance 0–100) had 93% of People agreeing that they know how their work contributes to the goals of [company] (+4% compared to overall) while they were generally most positive about Management.


People in Finance 0–100) were generally least favourable about Action, and were most negative towards 'My manager, or someone else, has communicated some clear actions based on recent employee survey results' with 21% of people disagreeing (+5% above average).

How long do people stay?

In the short term, 18% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-2% compared to overall) while on a longer time frame, 12% of people see themselves leaving within two years (+0% compared to overall).

The following questions had the biggest impact on whether individuals felt that they were planning to stay at their organization and not actively looking for alternative jobs.

1

I am happy with my current role relative to what was described to me

78% favorable

Alignment & Involvement
2

[Company] is a great company for me to make a contribution to my development

81% favorable

Learning & Development
3

I believe there are good career opportunities for me at [Company]

67% favorable

Learning & Development
Average Glassdoor ratings

We’ve connected the employee feedback data for each company included in the benchmark with ratings from Glassdoor.com, which is one of the world’s largest job and recruiting sites combined with a growing database of company reviews, CEO approval ratings and more.

Overall Rating

4.1 stars (+0.3)

Culture and Values

4.0 stars (+0.1)

Work Life Balance

4.0 stars (+0.2)

Compensation and Benefits

3.8 stars (+0.2)

Career Opportunities

3.8 stars (+0.2)

Recommend to Friend

75.0% (+4)

CEO Approval

86.0% (+2)

Are staff empowered with results?

Organizations in the Finance (0–100) benchmark on average gave 13% of employees access to reports with their survey results. This is higher than average and demonstrates that organizations in this benchmark tend to be more transparent with their survey results to leaders and managers.

An interesting reference point is that the average proportion of managers in organizations is 12-15%, with some industries higher than others (New Tech was closer to 20%).



  • Finance (0–100)


    13%

  • Global average


    10%



  • How does Finance (0–100) compare?

    People in Finance 0–100) were much more positive than average regarding Feedback & Recognition, Collaboration & Communication, and Decision Making.


    Insights data provided by Culture Amp. For a complete overview of 2021 Insights (Culture Amp Platform benchmarks) visit the Culture Amp Support Guide.

    What makes Insights special? Gain a deeper understanding of how they work.

    Learn more about Insights with Culture Amp’s benchmarks

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