SOURCE: EventBoard

EventBoard

August 10, 2016 09:00 ET

National Survey Finds That Money Can't Buy Workplace Happiness

EventBoard Inaugural Report Spotlights Enablers and Barriers to Happy, Engaged Employees

SALT LAKE CITY, UT--(Marketwired - Aug 10, 2016) - EventBoard, a developer of cloud-based meeting tools and analytics that help maximize workplace productivity, today released results from its inaugural Employee Happiness survey, identifying trends related to happiness within the workplace and demonstrating the importance of new technology in helping today's workers be more content and effective. The report reveals that higher salaries do not necessarily equate to contentment, that mismanaged meetings are a key contributor to workplace conflict and it's important to employees that they can implement their choice of technologies.

Employees who are happier are proven to be significantly more productive than unhappy workers, according to recent data. This means that in order to encourage productivity, companies and managers are tasked with not only keeping employees happy, but finding new ways to help employees work smarter, not harder. Oftentimes this calls for administering technologies that help to ensure that employees can connect and collaborate in a very effective manner. As we evolve the way we work, EventBoard data reveals important factors that play into workplace happiness:

  • Money Can't Buy Happiness: Over forty percent of survey respondents making $75k+/year are 'not happy' in their current workplace; while fifty-eight percent of respondents making below $75k+ year are "happy or very happy" in the workplace.
  • Real Tech Talk: Over half of employees have to supplement workplace technologies with their own; and almost forty percent of respondents noted that they would be motivated to work harder by innovative tech tools.
  • Role Call: From VPs to interns, meetings that run long are the number one source of workplace conflict.

Happiness is Key

Although the majority of workers are generally happy with their jobs, a nearly 40 percent of employees still struggle to find happiness in the workplace. A notable size of workers earning a salary of $75,000 are generally unhappy at work, while millennials, a generation known for seeking out fulfilling careers, are happier than any other age group. Almost half of employees noted that conflict resolution is important to overall workplace happiness.

  • Because I'm (somewhat) Happy: Nearly forty percent of respondents are teetering between not happy and somewhat happy at work.
  • Millennials Hold the Key to Happiness: Over half (fifty-six percent) of millennial respondents are 'very happy' in the workplace.
  • No More Drama: Forty-one percent of respondents say conflict resolution is important in overall workplace happiness.

Meetings Matter

The majority of respondents spend at least one to two hours of their workday in meetings, although nearly half of attendees often miss meetings. Booking or reserving meeting rooms is one of the most common causes of workplace conflict.

  • Over half of employees spend one to two hours in meetings each day.
  • Seventy-five percent of mid-management-level employees and above spend three to four hours in meetings every day.
  • Forty-one percent of respondents say attendees miss meetings somewhat often due to conflicts or other commitments and according to data collected by EventBoard's built-in analytics, in the past thirty days eighteen percent scheduled meetings never happened because nobody showed up to those meetings.
  • Nearly sixty percent of respondents say meetings that run over are a source of workplace conflict.

Missed Connections

Regardless of the influx of available technologies, employers are still not offering employees the technological tools they need to get complete their tasks as efficiently as possible. Because of this, employees feel the need to supplement provided workplace technologies with their own.

  • Over fifty percent of employees have to supplement workplace technologies with their own.
  • Nearly forty percent of employees would be motivated by innovative tech tools compared to twenty percent of respondents who would be fueled by out-of-office perks including health club reimbursement or discounts on products or apparel.
  • Millennials most likely to supplement lackluster workplace technologies with their own additions.

"Because the office of today is constantly evolving, we are continually exploring new ways and implementing new technologies to help our employees work more efficiently, which plays a big role in overall productivity and happiness," says Shaun Ritchie, CEO, and co-founder of EventBoard. "EventBoard's platform addresses key areas of concern for employees in today's workplace and aid in resolving conflicts before they become bigger issues, helping employees connect and collaborate more efficiently than ever."

EventBoard has transformed the way companies plan, coordinate and conduct meetings, thanks to its innovative conference room display and software. EventBoard currently serves a diverse customer base of thousands of companies, ranging from finance to technology, with partners from small businesses to larger corporations including Disney, Yelp, Airbnb and Uber.

The report is based on responses from over one-thousand professionals across the U.S., working for companies with fifty or more employees. The respondents range in age, gender and professional level.

About EventBoard
EventBoard is a cloud-based software and analytics platform for meeting management and analysis that helps companies maximize their workspace and enable their employees to work more efficiently. The platform provides employee-focused meeting tools and activity-driven insights, including eye-catching conference room displays, streamlined visitor management and detailed space use analytics that drive better decisions on space and facilities utilization. To date, the Salt Lake City-based startup has raised $8 million in capital from Google Ventures, Greycroft Partners, Zetta Venture Partners, Origin Ventures, Marc Benioff, Dave Elkington and Josh James, among others. The EventBoard display software is available on a variety of Android tablets (requirements apply) as well as Marshmallow and Android Nougat operating systems. The platform integrates with many existing calendar systems, including Google Apps, Microsoft Exchange, and Office 365. For more information on EventBoard, visit www.eventboard.io.

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