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2019 New Tech Benchmark - Top 10%


"Great managers and autonomous working are the top drivers of engagement for these aspirational New Tech companies."

Summary:

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 2019 | 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.

Anatomy of the benchmark:

Response rate:

  • 81% average response rate across all companies
  • Bottom quartile (25th percentile) was 76% participation
  • Top quartile (75th percentile) was 92% participation

Sub industries:

  • Computer Software
  • Internet
  • Information Technology and Services
  • Computer & Network Security
  • Computer Games

Glassdoor ratings:

We have connected the employee feedback data with ratings for each company included in the benchmark to provide the below insights.

  • 4.5/5 stars average overall company rating
  • 66% average CEO approval
  • 88% average recommend to friend

Key Insights and Data for the People Geeks!

How engaged are employees in New Tech - Small companies?

Insight: Employees in New Tech - Top 10% companies tend to be more engaged than employees in other regions. Higher engagement scores across New Tech - Top 10% companies are primarily a function of greater intention to remain at the organization over the longer-term.

New_Tech_Top_10-EngByInd.png

New Tech - Top 10% companies employee engagement scores by percentile

If you are interested in the spread of employee engagement ratings, below are the engagement scores by percentile.

Bottom quartile (25th percentile) 85%
Median (50th percentile) 88%
Top quartile (75th percentile) 92%

What has the biggest impact on employee engagement in New Tech - Top 10% companies?

Insight: Great managers and having autonomy have the largest impact on employee engagement.

New_Tech_top_10-_drivers.png

Questions included and excluded:

Diversity and Inclusion questions included: The following questions were able to be included because we received sufficient amounts of responses for this benchmark cut.

  • At %ACCOUNT_NAME% there is open and honest two-way communication
  • I would recommend %ACCOUNT_NAME% as a great place to work
  • %ACCOUNT_NAME% motivates me to go beyond what I would in a similar role elsewhere
  • I am proud to work for %ACCOUNT_NAME%
  • I rarely think about looking for a job at another company
  • I see myself still working at %ACCOUNT_NAME% in two years' time
  • My job performance is evaluated fairly

Learn more

Gain a deeper understanding of what makes our benchmarks special and learn more about how we calculate our Industry benchmarks here.



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