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New Tech (500 - 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.

  • ~4.5m

    Questions answered
    in last 12 months

  • /
  • ~150

    Organizations

These insights represent ~4.5m questions answered from ~150 organizations, ranging in size from 70 to 2,300 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

  • Internet

    33%

  • Computer Software

    30%

  • Information Technology and Services

    28%

  • Computer & Network Security

    3%

  • Computer Games

    3%

  • Computer Networking

    3%

Region breakdown

  • North America

    59%

  • Europe

    23%

  • Asia

    7%

  • Oceania

    6%

  • MEA

    4%

  • 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.

73% of New Tech (500 - 1000) employees are engaged

This is in the bottom 48% compared with the overall average.


The average eNPS score for organizations in this benchmark is 28 and is in the top 38% 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

71%

Same as global average

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

84%

Same as global average

I am proud to work for [Company]

87%

Same as global average

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

66%

1% below global average

I rarely think about looking for a job at another company

57%

2% below global average

The highest scoring question for New Tech (500-1000) had 93% of people agreeing that they understand how their work contributes to [company]'s mission (+0% compared to overall) while they were generally most positive about Work & Life Blend.


People in New Tech (500-1000) 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 14% of people disagreeing (+2% 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 New Tech (500 - 1000) organizations.

1

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

79% 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 New Tech (500 - 1000) organizations.

1

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

79% favorable

Learning & Development
2

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

79% favorable

Leadership
3

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

66% favorable

Company Performance
4

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

72% favorable

Leadership
5

Generally, the right people are rewarded and recognized at [Company]

61% favorable

Feedback & Recognition

How long do people stay?

In the short term, 18% of people in this benchmark are thinking of or actually seeking jobs elsewhere (+0% compared to overall) while on a longer time frame, 11% 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

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

76% favorable

Alignment & Involvement
2

I receive appropriate recognition for good work at [Company]

70% favorable

Feedback & Recognition
3

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

79% favorable

Learning & Development
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

4.1 stars (+0.2)

Work Life Balance

4.0 stars (+0.2)

Compensation and Benefits

3.9 stars (+0.3)

Career Opportunities

3.8 stars (+0.2)

Recommend to Friend

77.0% (+6)

CEO Approval

88.0% (+4)

How does New Tech (500 - 1000) compare?

Organizations in New Tech (500-1000) 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

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