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Financial Services (Male) 2021

The financial services benchmark represents a range of financial services companies from more traditional, large financial services firms to small, regional organizations. Please note that the companies in this benchmark make up a subset of the broader Finance Benchmark which includes all Financial institutions.

  • ~4m

    Questions answered
    in last 12 months

  • /
  • ~150

    Organizations

These insights represent ~4m questions answered from ~150 organizations, ranging in size from 10 to 9,900 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

    100%

Region breakdown

  • North America

    66%

  • Europe

    17%

  • Oceania

    9%

  • Asia

    6%

  • MEA

    2%

  • South America

    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.

76% of Financial Services (Male) employees are engaged

This is in the top 27% compared with the overall average.


The average eNPS score for organizations in this benchmark is 30 and is in the top 30% 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

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

86%

2% above global average

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

72%

1% above global average

I am proud to work for [Company]

87%

Same as global average

The highest scoring question for Financial Services Male had 96% of people agreeing that they understand how their work contributes to [company]'s mission (+3% compared to overall) while they were generally most positive about Work & Life Blend.


People in Financial Services Male 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 11% 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 Financial Services (Male) organizations.

1

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

71% 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 Financial Services (Male) organizations.

1

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

71% favorable

Service & Quality Focus
2

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

80% favorable

Leadership
3

[Company] believes that people can always greatly improve their talents and abilities

85% favorable

Opportunities & Resources
4

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

78% favorable

Learning & Development
5

Even when something bad happens (e.g., when I get critical feedback from my manager, I have a negative social interaction with a peer, etc.), I don't question whether or not I belong at [Company]

75% favorable

Belonging

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

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

71% favorable

Service & Quality Focus
2

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

79% favorable

Alignment & Involvement
3

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

54% 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

3.9 stars (+0.1)

Culture and Values

4.0 stars (+0.1)

Work Life Balance

4.0 stars (+0.2)

Compensation and Benefits

3.8 stars (+0.2)

Career Opportunities

3.6 stars (+0.1)

Recommend to Friend

76.0% (+5)

CEO Approval

90.0% (+6)

How does Financial Services (Male) compare?

Organizations in Financial Services Male 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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