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.
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
Information Technology and Services
Computer & Network Security
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 top 25% compared with the overall average.
The average eNPS score for organizations in this benchmark is 10 and is in the bottom 14% compared with the overall average.
Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.
I rarely think about looking for a job at another company
5% above global average
[Company] motivates me to go beyond what I would in a similar role elsewhere
5% above global average
I see myself still working at [Company] in two years' time
2% above global average
I am proud to work for [Company]
1% above global average
I would recommend [Company] as a great place to work
1% below global average
The highest scoring question for New Tech Singapore had 92% of People agreeing that they know how their work contributes to the goals of [company] (+3% compared to overall) while they were generally most positive about Work & Life Blend.
People in New Tech Singapore were generally least favourable about Collaboration & Communication, and were most negative towards 'I believe that my total compensation is fair, relative to similar roles at [Company]' with 23% of people disagreeing (+0% above average).
In the short term, 13% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-7% compared to overall) while on a longer time frame, 9% of people see themselves leaving within two years (-3% 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.
I have seen positive changes taking place based on recent employee survey results
I have confidence in the leaders at [Company]
I know what I need to do to be successful in my role
83% favorableAlignment & Involvement
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.
3.9 stars (+0.1)
Culture and Values
3.95 stars (+0.1)
Work Life Balance
3.75 stars (+0)
Compensation and Benefits
3.8 stars (+0.2)
3.75 stars (+0.2)
Recommend to Friend
Organizations in the New Tech (Singapore) 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 (Singapore)
People in New Tech Singapore were much more positive than average regarding Action, Company Performance, and Decision Making.
On the lower side, People in New Tech Singapore had much lower favorable scores than average in Fairness and Social Connection.