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Has the Economic Recession Made Employees More Appreciative?

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Thu Sep 17 2009

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Minneapolis, MN (PRWEB) -- Although economic recovery in the U.S. remains uncertain and is far from complete, Modern Survey's measurement of the U.S. workforce shows that employee engagement has risen steadily during the last twelve months. The level of employee engagement recorded in late August is now back to where it was in August of 2007 (before the recession became apparent), following a precipitous decline from August 2007 to August 2008.

All five components of Modern Survey's Employee Engagement Index show further improvement since the February 2009 measurement, resulting in statistically significant gains on all components since August of 2008. The most dramatic improvement is in the number of employees who say they intend to stay with their company, which rose by 11 percentage points, from a low of 52% in August '08, to 57% by February '09, and now stands at 63%.

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Such encouraging figures in the face of continued economic hardship may well indicate a fundamental change in the psychology of the American worker.

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