"Confidence in the long-term success of the company has the greatest impact on employee engagement."
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 bold new technologies.
New Tech 2018 | 200-500: This benchmark captures data from the mid-tier sized New Tech companies that have surpassed the 200 people milestone but not yet cracked the 500+ size.
Anatomy of the benchmark:
- 87% average response rate across all companies
- Computer Software
- Cloud-based application development
- Internet-based services
- Information Technology and Services
- Computer Games
- Computer & Network Security
Average Glassdoor ratings:
We have connected the employee feedback data with ratings for each company included in the benchmark to provide the below insights.
- CEO approval = 75%
- Overall company rating 3.8 stars
Distribution by region:
- ~70% North America, ~14% Europe, ~7% Oceania, ~7% Asia, ~2% Other
Key Insights and Data for the People Geeks!
How engaged are employees in this industry?
Insight: Employee engagement at smaller New Tech's is similar to what we see across all New Tech companies and notably lags the Engaging Growth benchmark.
Employee Engagement quartile scores
If you are interested in the spread of employee engagement ratings, below are the engagement scores by quartile.
What has the biggest impact on employee engagement in this industry?
What other New Tech benchmarks are available?
Because Culture Amp has the largest modern technology benchmarks in the world we are able to provide a range of different subsets of the New Tech Benchmark based on size and other criteria such as performance and/or growth metrics. The growing list for 2018 is outlined below.
New Tech 2018 | Sub 200: This is a benchmark narrowed down to just New Tech companies with 200 or fewer people. This is particularly useful if you're still definitely under 200 people.
New Tech 2018 | 500+: This benchmark is for New Tech companies that have crossed the critical 500 person threshold representing a point at which most companies begin to have more complex structures. Most companies in the benchmark are still well short of 5000 people though.
New Tech 2018 | Top 25%: This benchmark is a great high-performance aspirational benchmark that represents the point at which scores are in the top 25% of all companies on any given question. This benchmark represents a threshold in the overall benchmark so does not involve a different subset of companies.
New Tech 2018 | Top 10%: This benchmark is an even more aspirational benchmark that represents the point at which scores are in the top 10% of all companies on any given question. This benchmark represents a threshold in the overall benchmark so does not involve a different subset of companies.
Gain a deeper understanding of what makes our benchmarks special and learn more about how we calculate our region/country benchmarks here.