Findings of the academic study on employee well-being in a global working environment
Dear Colleagues,
As part of our company’s interest in well-being at work and prevention of psycho-social risks*, Technip participated in an international academic research study on employee well-being, along with 6 other major companies, including 2 other from the Oil & Gas industry.
The objective of this study** was to identify success factors and opportunities of improvement of well-being at work.
In this context, end of 2013 a questionnaire was released to everyone in the company. Employees who work in a global environment -expatriates, frequent travelers, or members of international teams were more specifically invited to answer.
More than 1,800 of Technip’s employees concerned have responded to this survey.
You will find hereafter a summary of the main findings of the study.
Here are some of the general conclusions that apply to Technip:
- Work-family conflicts, and more generally the disruptions generated by work on private life, increase the stress, burnout, and turnover and reduce job satisfaction.
- Supervisor support, and to a lesser extent team cohesion, can limit stress level and increase job satisfaction as well as employee retention.
- Cross-cultural training and development as well as access to adequate communication means reduce burnout risks, stress levels, and increase job satisfaction and retention of global employees.
In addition, please find below a summary of Technip’s colleagues specific feedback compared with a similar sample of global employees from the 6 other participating multinational companies:
Work-family conflicts:
Technip global employees have the lowest level of work-family conflict: they experience less negative impact of work on the family life than other companies involved in the study.
Level of stress and burnout:
Technip global employees are experiencing average stress level and burnout compared with the other 6 companies.
Job satisfaction and turnover:
- Technip’s respondents’ job satisfaction is in the average of the Oil & Gas Companies but lower than in companies from other sectors.
- Technip’s employees are displaying relatively low intentions to quit the company compared to the other companies.
According to the different types of global employees:
- International commuters are the most likely to quit, and displayed the highest burnout and stress rates. Short-term assignees experience less burnout than all other types of global employees.
- Global virtual team members experience relatively high levels of burnout and work-family conflict.
- The different types of global employees were equally satisfied with their jobs and career progress.
Detailed results were presented to Technip’s regional Human Resources Directors and local/ specific actions are being put in place when relevant.
To follow up this initiative, a study dedicated to all Technip employees’ well-being at work will be launched in the course of 2015.
Thank you for your interest.
Thierry Parmentier
Group Human Resources Director
Findings of the academic study on employee well-being in a global working environment
Dear Colleagues,
As part of our company’s interest in well-being at work and prevention of psycho-social risks*, Technip participated in an international academic research study on employee well-being, along with 6 other major companies, including 2 other from the Oil & Gas industry.
The objective of this study** was to identify success factors and opportunities of improvement of well-being at work.
In this context, end of 2013 a questionnaire was released to everyone in the company. Employees who work in a global environment -expatriates, frequent travelers, or members of international teams were more specifically invited to answer.
More than 1,800 of Technip’s employees concerned have responded to this survey.
You will find hereafter a summary of the main findings of the study.
Here are some of the general conclusions that apply to Technip:
- Work-family conflicts, and more generally the disruptions generated by work on private life, increase the stress, burnout, and turnover and reduce job satisfaction.
- Supervisor support, and to a lesser extent team cohesion, can limit stress level and increase job satisfaction as well as employee retention.
- Cross-cultural training and development as well as access to adequate communication means reduce burnout risks, stress levels, and increase job satisfaction and retention of global employees.
In addition, please find below a summary of Technip’s colleagues specific feedback compared with a similar sample of global employees from the 6 other participating multinational companies:
Work-family conflicts:
Technip global employees have the lowest level of work-family conflict: they experience less negative impact of work on the family life than other companies involved in the study.
Level of stress and burnout:
Technip global employees are experiencing average stress level and burnout compared with the other 6 companies.
Job satisfaction and turnover:
- Technip’s respondents’ job satisfaction is in the average of the Oil & Gas Companies but lower than in companies from other sectors.
- Technip’s employees are displaying relatively low intentions to quit the company compared to the other companies.
According to the different types of global employees:
- International commuters are the most likely to quit, and displayed the highest burnout and stress rates. Short-term assignees experience less burnout than all other types of global employees.
- Global virtual team members experience relatively high levels of burnout and work-family conflict.
- The different types of global employees were equally satisfied with their jobs and career progress.
Detailed results were presented to Technip’s regional Human Resources Directors and local/ specific actions are being put in place when relevant.
To follow up this initiative, a study dedicated to all Technip employees’ well-being at work will be launched in the course of 2015.
Thank you for your interest.
Thierry Parmentier
Group Human Resources Director
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