The People & Culture Platform | Culture Amp

Legal/Finance 2021

This benchmark includes responses from those that work in legal or finance, often having role titles such as Accounting, Auditing, Tax, Payroll, Risk, and Financial Analyst.

  • ~2.5m

    Questions answered
    in last 12 months

  • /
  • ~1k

    Organizations

These insights represent ~2.5m questions answered from ~1k organizations, ranging in size from 0 to 2,600 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

  • Computer Software

    11%

  • Internet

    9%

  • Financial Services

    8%

  • Information Technology and Services

    8%

  • Nonprofit Organization Management

    4%

  • Marketing and Advertising

    3%

  • Hospital & Health Care

    3%

  • Real Estate

    2%

  • Retail

    2%

Region breakdown

  • North America

    53%

  • Europe

    20%

  • Oceania

    17%

  • Asia

    7%

  • MEA

    2%

  • South America

    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.

75% of Legal/Finance employees are engaged

This is in the top 33% compared with other job functions.


Understanding the engagement questions

Engagement is defined through these five industry-standard questions from Culture Amp’s engagement survey template.

I am proud to work for [Company]

89%

2% above global average

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

69%

2% above global average

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

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

70%

1% below global average

The highest scoring question for Legal/Finance had 94% of people agreeing that they understand how their work contributes to [company]'s mission (+1% compared to overall) while they were generally most positive about Contribution to Broader Purpose.


People in Legal/Finance 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 15% of people disagreeing (-1% below 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 Legal/Finance organizations.

1

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

75% favorable


The factor this relates most closely to is Learning & Development

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 Legal/Finance organizations.

1

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

75% favorable

Learning & Development
2

The leaders at [Company] have communicated a vision that motivates me

74% favorable

Leadership
3

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

62% favorable

Learning & Development
4

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

79% favorable

Leadership
5

[Company] effectively directs resources (funding, people and effort) towards company goals

67% favorable

Company Performance

How long do people stay?

In the short term, 15% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-3% compared to overall) while on a longer time frame, 7% 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.

1

I can see how the work I do makes a positive difference at [Company]

86% favorable

Meaningful work
2

I can see how the work I am doing is making a positive difference at [Company]

86% favorable

Purpose
3

I generally feel positive towards work at [Company]

84% favorable

Overall Wellbeing

How does Legal/Finance compare?

Individuals in Legal/Finance 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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