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.
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
Computer Software
56%
Information Technology and Services
38%
Internet
6%
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.
This is in the bottom 17% compared with the overall average.
The average eNPS score for organizations in this benchmark is 23 and is in the top 21% compared with the overall average.
Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.
I see myself still working at [Company] in two years' time | 65% 2% above global average |
I would recommend [Company] as a great place to work | 81% 1% below global average |
I rarely think about looking for a job at another company | 52% 3% below global average |
[Company] motivates me to go beyond what I would in a similar role elsewhere | 66% 3% below global average |
I am proud to work for [Company] | 80% 6% below global average |
People working in New Tech Nordic are more engaged than Professional Services DACH, Marketing & Advertising Female, Professional Services Western Europe, and Retail United Kingdom. People working in New Tech Nordic are less engaged than Finance Asia, Europe 200–500), Oceania 0–100), and Management Consulting Male.
The highest scoring question for New Tech Nordic had 85% 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 Work & Life Blend.
People in New Tech Nordic were generally least favourable about Social Connection, 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).
In the short term, 22% of people in this benchmark are thinking of or actually seeking jobs elsewhere (+2% compared to overall) while on a longer time frame, 11% of people see themselves leaving within two years (-1% 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 My job performance is evaluated fairly | 66% favorable Feedback & Recognition |
2 My job performance is evaluated fairly | 66% favorable Feedback & Recognition |
3 We are encouraged to be innovative even though some of our initiatives may not succeed | 69% favorable Innovation |
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 | 3.9 stars (+0.1) |
Culture and Values | 4.0 stars (+0.1) |
Work Life Balance | 3.7 stars (-0.1) |
Compensation and Benefits | 3.75 stars (+0.1) |
Career Opportunities | 3.8 stars (+0.2) |
Recommend to Friend | 74.0% (+3) |
CEO Approval | 91.0% (+7) |
Organizations in the New Tech (Nordic) benchmark on average gave 12% 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 (Nordic)
12%
Global average
10%
People in New Tech Nordic were much more positive than average regarding Action and Decision Making.
On the lower side, People in New Tech Nordic had much lower favorable scores than average in Feedback & Recognition, Social Connection, and Fairness.
Insights data provided by Culture Amp.
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