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New Tech (0 - 100) 2021

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. This benchmark only includes organizations of size - 100 employees.

  • ~790k

    Questions answered
    in last 12 months

  • /
  • ~250

    Organizations

These insights represent ~790k questions answered from ~250 organizations, ranging in size from 20 to 400 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

    44%

  • Information Technology and Services

    29%

  • Internet

    25%

Region breakdown

  • North America

    63%

  • Europe

    20%

  • Oceania

    11%

  • Asia

    2%

  • 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 New Tech (0 - 100) employees are engaged

This is in the top 39% 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.

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

75%

4% above global average

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

86%

2% above global average

I am proud to work for [Company]

88%

1% above global average

I rarely think about looking for a job at another company

60%

1% above global average

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

64%

3% below global average

The highest scoring question for New Tech (0-100) had 95% of people agreeing that they understand how their work contributes to [company]'s mission (+2% compared to overall) while they were generally most positive about Contribution to Broader Purpose.


People in New Tech (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 13% of people disagreeing (-3% 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 New Tech (0 - 100) organizations.

1

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

67% 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 New Tech (0 - 100) organizations.

1

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

67% favorable

Action
2

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

64% favorable

Engagement
3

I receive appropriate recognition for good work at [Company]

74% favorable

Feedback & Recognition
4

My job performance is evaluated fairly

73% favorable

Feedback & Recognition
5

When it is clear that someone is not delivering in their role we do something about it

50% favorable

Feedback & Recognition

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, 10% of people see themselves leaving within two years (+0% 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

4.2 stars (+0.4)

Culture and Values

4.2 stars (+0.3)

Work Life Balance

4.2 stars (+0.4)

Compensation and Benefits

4.0 stars (+0.4)

Career Opportunities

3.8 stars (+0.2)

Recommend to Friend

82.0% (+11)

CEO Approval

91.0% (+7)

How does New Tech (0 - 100) compare?

Organizations in New Tech (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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