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2019 New Tech Benchmark - Large


"Development opportunities is the top driver of engagement for these larger 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 | 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. 

Anatomy of the benchmark:

Response rate:

  • 78% average response rate across all companies
  • Bottom quartile (25th percentile) was 71% participation
  • Top quartile (75th percentile) was 89% 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.

  • 3.9/5 stars average overall company rating
  • 80% average CEO approval
  • 72% average recommend to friend

Key Insights and Data for the People Geeks!

How engaged are employees in New Tech - Large companies?

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

New Tech - Large 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) 64%
Median (50th percentile) 71%
Top quartile (75th percentile) 76%

What has the biggest impact on employee engagement in New Tech - Large 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 - Large companies Benchmark compared globally.

New_Tech_-_Large_Companies-_drivers.png

Questions included and excluded:

Engagement Questions Excluded: The following questions did not have enough responses to be included in this generation this year.

  • I have been provided an opportunity to see and discuss recent employee survey results
  • My manager, or someone else, has communicated some clear actions based on recent employee survey results

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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