The Employee Experience Platform | Culture Amp

New Tech (100–200) 2020

The new tech numbers tell a story of (mostly) young and fast-growing companies that are some of the most in-demand places to work in the world right now. But what makes a New Tech company is not their age, size or industry - it is their approach to business. All of our New Tech companies are disruptive at their hearts; often internet-based or focused on creating new technologies. This benchmark only includes organizations of size 100–200 employees.

  • ~1.3m

    Questions answered
    in last 12 months

  • /
  • ~200

    Organizations

These insights represent ~1.3m questions answered from ~200 organizations, ranging in size from 100 to 200 people, in the last 12 months.

The data meet our criteria as being robust and reliable; unlikely to substantially change over time; and representative of the wider industry. Read more about the methodology.

Data provided by Culture Amp

Industry breakdown

  • Computer Software

    61%

  • Information Technology and Services

    23%

  • Internet

    10%

  • Computer & Network Security

    5%

Region breakdown

  • North America

    67%

  • Europe

    20%

  • Oceania

    9%

  • Asia

    3%

  • MEA

    1%

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.

72% of New Tech (100–200) employees are engaged

This is in the top 46% compared with the overall average.


The average eNPS score for organizations in this benchmark is 26 and is in the top 14% 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.

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

85%

3% above global average

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

71%

2% above global average

I rarely think about looking for a job at another company

56%

1% above global average

I am proud to work for [Company]

87%

1% above global average

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

60%

3% below global average

The highest scoring question for New Tech 100–200) had 91% of People agreeing that they understand how their work contributes to [company]'s mission (+0% compared to overall) while they were generally most positive about Work & Life Blend.


People in New Tech 100–200) were generally least favourable about Action, and were most negative towards 'When it is clear that someone is not delivering in their role we do something about it' with 17% of people disagreeing (-3% below average).

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in New Tech (100–200) organizations.

1

I feel like I belong at [Company]

79% favorable


The factor this relates most closely to is Belonging

Which questions matter the most?

Different things are important to different cultures. If you want to make more of your people engaged then you need to know what is important your people. These questions are most important to keeping people engaged in New Tech (100–200) organizations.

1

I feel like I belong at [Company]

79% favorable

Belonging
2

The leaders at [Company] demonstrate that people are important to the company's success

72% favorable

Leadership
3

I have confidence in the leaders at [Company]

74% favorable

Leadership
4

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

64% favorable

Learning & Development
5

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

77% favorable

Learning & Development

How long do people stay?

In the short term, 19% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-1% 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 satisfied with how decisions are made at [Company]

50% favorable

Decision Making
2

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

64% favorable

Learning & Development
3

When I share my opinion, it is valued

76% favorable

Voice
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

4.2 stars (+0.3)

Work Life Balance

4.2 stars (+0.4)

Compensation and Benefits

3.95 stars (+0.4)

Career Opportunities

3.9 stars (+0.4)

Recommend to Friend

80.0% (+9)

CEO Approval

88.0% (+4)

Are staff empowered with results?

Organizations in the New Tech (100–200) benchmark on average gave 11% 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%).



  • New Tech (100–200)


    11%

  • Global average


    10%



  • How does New Tech (100–200) compare?

    People in New Tech 100–200) were much more positive than average regarding Work & Life Blend.


    On the lower side, People in New Tech 100–200) had much lower favorable scores than average in Opportunities & Resources.

    Insights data provided by Culture Amp.

    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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