4 in 10 CFOs seeing improvement in employee morale: Survey

Recognition, communication can help boost morale
|hrreporter.com|Last Updated: 08/24/2011

The still uncertain economy hasn't kept some workers from smiling a little more at the office. Four in 10 (42 per cent) CFOs said employee morale has improved at least somewhat in the last 12 months, according to a survey of more than 1,400 CFOs in the United States by Accountemps.

Fifty-three per cent of respondents said the mood among their teams is unchanged from one year ago.

"Companies have been taking steps to increase job satisfaction and boost employee motivation among teams that have been through a difficult few years," said Max Messmer, chairman of Accountemps. "Businesses that recognize and address the concerns of staff members during the extended recovery can instill greater loyalty over the long term."

Only five per cent of survey respondents said morale had worsened.

According to Accountemps, to help boost morale in an organization, management should consider:

•Thanking staff for jobs well done

•Making sure employees have the support tools they need

•Maintaining strong employee communication with an open-door policy

•Sharing information about the company’s performance

•Encouraging employees to be creative and innovative

•Recognizing employees for their contributions to the organization’s success.

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