The Employee Experience Platform | Culture Amp

Finance (200 - 500) 2021

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 - 500 employees.

  • ~1.8m

    Questions answered
    in last 12 months

  • /
  • ~95

    Organizations

These insights represent ~1.8m questions answered from ~95 organizations, ranging in size from 40 to 900 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

  • Financial Services

    53%

  • Insurance

    10%

  • Real Estate

    9%

  • Investment Management

    8%

  • Investment Banking

    7%

  • Banking

    4%

  • Venture Capital & Private Equity

    4%

  • Capital Markets

    3%

  • Commercial Real Estate

    2%

Region breakdown

  • North America

    58%

  • Oceania

    21%

  • Europe

    16%

  • Asia

    3%

  • MEA

    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.

74% of Finance (200 - 500) employees are engaged

This is in the top 42% compared with the overall average.


The average eNPS score for organizations in this benchmark is 27 and is in the top 42% 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 rarely think about looking for a job at another company

60%

1% above global average

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

85%

1% above global average

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

68%

1% above global average

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

71%

Same as global average

I am proud to work for [Company]

84%

3% below global average

The highest scoring question for Finance (200-500) had 91% of people agreeing that they know how their work contributes to the goals of [company] (+0% compared to overall) while they were generally most positive about Work & Life Blend.


People in Finance (200-500) were generally least favourable about Action, and were most negative towards 'I have seen positive changes taking place based on recent employee survey results' with 13% of people disagreeing (+1% above 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 Finance (200 - 500) organizations.

1

Day-to-day decisions here demonstrate that quality and improvement are top priorities

69% favorable


The factor this relates most closely to is Service & Quality Focus

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 Finance (200 - 500) organizations.

1

Day-to-day decisions here demonstrate that quality and improvement are top priorities

69% favorable

Service & Quality Focus
2

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

77% favorable

Learning & Development
3

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

64% favorable

Learning & Development
4

At [Company] we act on promising new or innovative ideas

69% favorable

Innovation
5

The leaders at [Company] are providing a sense of stability during the COVID-19 Pandemic

90% favorable

Leadership

How long do people stay?

In the short term, 16% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-2% compared to overall) while on a longer time frame, 9% 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

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

64% favorable

Learning & Development
2

Day-to-day decisions here demonstrate that quality and improvement are top priorities

69% favorable

Service & Quality Focus
3

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

79% favorable

Alignment & Involvement
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

4.0 stars (+0.2)

Culture and Values

4.0 stars (+0.1)

Work Life Balance

3.9 stars (+0.1)

Compensation and Benefits

3.7 stars (+0.1)

Career Opportunities

3.6 stars (+0.1)

Recommend to Friend

79.0% (+8)

CEO Approval

93.0% (+9)

How does Finance (200 - 500) compare?

Organizations in Finance (200-500) tend to be very similar to the global all industries insights, with no significant departures from the average.

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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