The People & Culture Platform | Culture Amp

Finance (0 - 100) 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 - 100 employees.

  • ~1.2m

    Questions answered
    in last 12 months

  • /
  • ~150

    Organizations

These insights represent ~1.2m questions answered from ~150 organizations, ranging in size from 20 to 4,900 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

    46%

  • Real Estate

    19%

  • Investment Management

    10%

  • Insurance

    9%

  • Venture Capital & Private Equity

    7%

  • Investment Banking

    4%

  • Banking

    3%

  • Commercial Real Estate

    3%

Region breakdown

  • North America

    66%

  • Europe

    18%

  • Oceania

    14%

  • 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 22% compared with the overall average.


The average eNPS score for organizations in this benchmark is 33 and is in the top 19% 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 see myself still working at [Company] in two years' time

71%

4% above global average

I rarely think about looking for a job at another company

62%

3% above global average

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

74%

3% above global average

I am proud to work for [Company]

89%

2% above global average

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

86%

2% above global average

The highest scoring question for Finance (0-100) had 92% of people agreeing that they know how their work contributes to the goals of [company] (+1% compared to overall) while they were generally most positive about Work & Life Blend.


People in Finance (0-100) 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 16% of people disagreeing (+0% 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 (0 - 100) organizations.

1

I have been provided an opportunity to see and discuss recent employee survey results

73% favorable


The factor this relates most closely to is Action

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 (0 - 100) organizations.

1

I have been provided an opportunity to see and discuss recent employee survey results

73% favorable

Action
2

I am appropriately involved in decisions that affect my work

74% favorable

Alignment & Involvement
3

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

79% favorable

Alignment & Involvement
4

I believe my total compensation (base salary+any bonuses+benefits+equity) is fair, relative to similar roles at other companies

56% favorable

Alignment & Involvement
5

I know how my work contributes to the goals of [Company]

92% favorable

Alignment & Involvement

How long do people stay?

In the short term, 14% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-4% compared to overall) while on a longer time frame, 8% of people see themselves leaving within two years (-2% 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.

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

3.8 stars (-0.1)

Work Life Balance

3.8 stars (+0)

Compensation and Benefits

3.6 stars (+0)

Career Opportunities

3.6 stars (+0.1)

Recommend to Friend

74.0% (+3)

CEO Approval

85.0% (+1)

How does Finance (0 - 100) compare?

Organizations in Finance (0-100) tend to be very similar to the global all industries insights, with no significant departures from the average.

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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