"Development opportunities is the top driver of engagement for these larger 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 | 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:
- 78% average response rate across all companies
- Bottom quartile (25th percentile) was 71% participation
- Top quartile (75th percentile) was 89% 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.
- 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.
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
Gain a deeper understanding of what makes our benchmarks special and learn more about how we calculate our Industry benchmarks here.