The People & Culture Platform | Culture Amp

New Tech (1000+) 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 1000 - + employees.

  • ~14m

    Questions answered
    in last 12 months

  • /
  • ~150

    Organizations

These insights represent ~14m questions answered from ~150 organizations, ranging in size from 150 to 20,000 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

    41%

  • Internet

    27%

  • Information Technology and Services

    24%

  • Computer Games

    4%

  • Computer & Network Security

    3%

Region breakdown

  • North America

    60%

  • Europe

    19%

  • Asia

    12%

  • Oceania

    5%

  • South America

    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.

76% of New Tech (1000+) employees are engaged

This is in the top 26% 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.

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

74%

3% above global average

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

87%

3% above global average

I rarely think about looking for a job at another company

61%

2% above global average

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

The highest scoring question for New Tech 1000+ 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 New Tech 1000+ 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 (-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 New Tech (1000+) organizations.

1

I feel like I belong at [Company]

81% favorable


The factor this relates most closely to is Belonging

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 (1000+) organizations.

1

I feel like I belong at [Company]

81% favorable

Belonging
2

I have confidence in the leaders at [Company]

78% favorable

Leadership
3

I feel respected at [Company]

86% favorable

Belonging
4

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

72% favorable

Leadership
5

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

78% favorable

Leadership

How long do people stay?

In the short term, 17% of people in this benchmark are thinking of or actually seeking jobs elsewhere (-1% 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

At [Company] there is open and honest two-way communication

72% favorable

Collaboration & Communication
2

At [Company] there is open and honest two-way communication

72% favorable

Collaboration & Communication
3

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

72% favorable

Leadership
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

3.8 stars (+0)

Culture and Values

3.9 stars (+0)

Work Life Balance

3.9 stars (+0.1)

Compensation and Benefits

3.9 stars (+0.3)

Career Opportunities

3.6 stars (+0.1)

Recommend to Friend

71.0% (+0)

CEO Approval

87.0% (+3)

How does New Tech (1000+) compare?

Organizations in New Tech 1000+ 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

Build a world-class employee experience today

Your browser is out of date. Our website is built to provide a faster, more engaging experience. Your browser may not support all of our features. Please update to the latest version of Microsoft Edge or contact your network administrator.

Close browser update banner