"Development opportunities is the top driver of engagement for these smaller New Tech companies."
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 | Sub 200: This is a benchmark narrowed down to just New Tech companies with 200 or fewer people. This is particularly useful if your company is still under 200 people.
Anatomy of the benchmark:
- 83% average response rate across all companies
- Bottom quartile (25th percentile) was 76% participation
- Top quartile (75th percentile) was 94% participation
- Computer Software
- Information Technology and Services
- Computer & Network Security
- Computer Games
We have connected the employee feedback data with ratings for each company included in the benchmark to provide the below insights.
- 4.1/5 stars average overall company rating
- 65% average CEO approval
- 78% 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 - Small companies tend to be more engaged than employees in other regions. Higher engagement scores across New Tech - Small companies are primarily a function of greater intention to remain at the organization over the longer-term.
New Tech - Small 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)||62%|
|Median (50th percentile)||73%|
|Top quartile (75th percentile)||81%|
What has the biggest impact on employee engagement in New Tech - Small companies?
Insight: Learning and development and leadership communicating a motivating vision have the largest impact on employee engagement. We also find that the scores on these topics are generally more favorable in our New Tech - Small companies Benchmark compared globally.
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.
- I can be my authentic self at work
- I feel respected at %ACCOUNT_NAME%
- I feel like I belong at %ACCOUNT_NAME%
- I understand how my work contributes to %ACCOUNT_NAME%ís mission
- The work that we do at %ACCOUNT_NAME% is important
- I am included in decisions that affect my work
- Perspectives like mine are included in the decision making at %ACCOUNT_NAME%
- %ACCOUNT_NAME% values diversity
- %ACCOUNT_NAME% builds teams that are diverse
- I believe that my total compensation (base salary+any bonuses+benefits+equity) is fair, relative to similar roles at %ACCOUNT_NAME%
- People from all backgrounds have equal opportunities to succeed at %ACCOUNT_NAME%
- Administrative tasks that don't have a specific owner (e.g., taking notes in meetings, scheduling events, cleaning up shared space) are fairly divided at %ACCOUNT_NAME%
- When there are career opportunities at %ACCOUNT_NAME%, I am aware of them
- %ACCOUNT_NAME% believes that people can always greatly improve their talents and abilities
- %ACCOUNT_NAME% enables me to balance work and personal life
- When I speak up, my opinion is valued
- I can voice a contrary opinion without fear of negative consequences
Gain a deeper understanding of what makes our benchmarks special and learn more about how we calculate our Industry benchmarks here.