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Current News
New Study Reveals Job-Satisfaction Factors Change Over Decades
ABC Champions on Working Mother's Top 100 List for 2005
Study Examines Differences Among Generations in the Workforce Over the Past 25 Years
ABC Champions Noted in Workforce Management
National Work-Life Initiative Featured in the Media
National Work-Life Initiative Launched to Improve
Quality of Life
ABC wins a Moving into the Future
award from the Conference Board's Work-Life Leadership Council
IBM, AT&T Employees Help Seniors Use the Internet
at 135 Libraries and Centers in More Than 30 States
New Study Reveals Job-Satisfaction Factors Change Over Decades
Findings Uncover Critical Information for Corporations
BOSTON — October 16, 2006 — The American Business Collaboration (ABC) – a consortium of seven major corporations that includes Abbott, Deloitte & Touche USA LLP, Exxon Mobil Corporation, IBM Corporation, Johnson & Johnson, PricewaterhouseCoopers LLP, and Texas Instruments – today released the results of its “New Career Paradigm” study, which shows that the factors that make people satisfied with their jobs change from decade to decade. The findings also uncover significant information for corporations to consider in regards to the recruitment and retention of key talent.
The study was commissioned by ABC and conducted by Harris Interactive with nationally representative samples of the U.S. workforce including nearly 2,800 salaried and hourly paid men and women from large and mid-sized corporations. The study found that after salary, work/life balance was the most important job factor to salaried men in joining their present company, whereas learning and growing was the most important factor for salaried women. For both hourly paid men and women, the most important job factor to joining their present company after salary was benefits.
Examination of the survey data by age uncovered differences between men and women. For example, after salary, the key factor to job satisfaction for people less than 30 years of age was:
- Advancement for salaried men
- Meaningful work for salaried women
- Job security for hourly-paid men
- Benefits for hourly-paid women
In their 30’s, the key factors changed for salaried men and women, but stayed the same for hourly paid men and women. After salary, the key factor to job satisfaction for people in their 30’s was:
- Flexible work options for salaried men
- Work/Life balance for salaried women
- Job security for hourly paid men
- Benefits for hourly paid women
In their 40’s, the key factors changed once again for all categories except for hourly paid women. After salary, the key factor to job satisfaction for people in their 40’s was:
- Job security for salaried men
- Opportunity to learn and grow for salaried women
- Benefits for both hourly paid men and women
“This study is the first time we’re able to see very detailed information about men and women at different stages, and the reasons why they would consider leaving a company,” said Betty Purkey, Manager of Work/Life Strategies for Texas Instruments, an ABC member company. “Being able to make smart, strategic changes in response to these findings is critical to retain talent and becomes a win-win for both the company and employee.”
Why are employees leaving jobs? According to the survey, 49 percent of men and women state that salary is the most important factor in being satisfied with their work, and 25 percent of those employees are seriously thinking about leaving their current job for more money. Following salary, 20 percent of workers said that job security is the most important factor, and 20 percent of them would seriously think about leaving their company for better job security. And, although only nine percent of those surveyed state that advancement opportunity is most important to them, a significant 41 percent of that group would seriously consider leaving for enhanced advancement opportunities.
“Grouping men and women together by category, such as Baby Boomers or Gen-Xers and salaried workers with hourly workers, no longer applies when you’re trying to understand how to successfully attract and retain talent,” said Debbie Phillips, Director of the ABC. “This new study demonstrates what is important to men and women at different stages in their career, which can help companies more effectively cater to employees’ needs and retain them.”
According to the study, the lack of both career development and advancement opportunities dissatisfies employees the most, followed by their salary and inability to fully utilize their abilities.
For more information, or to obtain a copy of the study, please click here
About The American Business Collaboration:
The American Business Collaboration (ABC) is a groundbreaking collaboration of leading U.S. companies (Champions) partnering for over 14 years, in more than 68 U.S. communities and investing more than $137,000,000 to ensure that their employees have access to quality dependent care programs and services to help them manage their work and personal responsibilities. To date, more than 1,700 dependent care programs have benefited from ABC funding to improve the quality and supply of care in the United States. Current ABC Champion companies are: Abbott, Deloitte & Touche USA LLP, Exxon Mobil Corporation, IBM Corporation, Johnson & Johnson,
PricewaterhouseCoopers LLP, and Texas Instruments. To learn more about ABC please visit the website site at www.abcdependentcare.com.
ABC Champions on Working Mother's Top 100 List
BOSTON — September 2005 — Seven of the ABC Champion companies applied for the 2005
Working Mother 100 Best Companies List and all seven were selected: Abbott, Deloitte, General Electric, IBM, Johnson & Johnson, PricewaterhouseCoopers and Texas Instruments.
We want to congratulate every company that made the list this year and hope many of them will join us in our work-life and dependent care collaboration mission, "To Do Together What None of Us Can Afford to Do Alone."
» To learn more, visit Working Mother's website at http://www.workingmother.com/top10.html
Study Examines Differences Among Generations in the Workforce Over the Past 25 Years
Shows that American workers reject work-centric style of their parents' generation
BOSTON — October 5, 2004 — The American Business Collaboration (ABC) — a consortium of eight major corporations that includes Abbott Laboratories, Deloitte & Touche USA LLP, Exxon Mobil Corporation, General Electric, IBM Corporation, Johnson & Johnson, PricewaterhouseCoopers, and Texas Instruments — today released the results of its Generation and Gender in the Workplace study, which examines the changes within the American workforce since 1977 in relation to job satisfaction, work-life support, gender roles and attitudes.
The study, which was commissioned by the ABC and conducted by the Families and Work Institute (FWI) with nationally representative samples of the U.S. workforce, found that younger workers (Gen-Y and Gen-X) are more likely to be “family-centric” or "dual-centric" (with equal priorities on both career and family) and less “work-centric” (putting higher priority on their jobs than family) compared to members of the Boomer generation. Among college-educated men of Gen-Y, Gen-X and Boomer ages in 1992 and 2002, 68 percent wanted to move into jobs with more responsibility in 1992 versus only 52 percent in 2002. Among college-educated women of these ages in 1992 and 2002, 57 percent wanted to move into jobs with more responsibility in 1992 versus only 36 percent in 2002.
“There has been a great deal of speculation about generational and gender differences in the workforce but, until now, many of these assertions have been based on intuition or limited data. The American Business Collaboration commissioned this study in order to put those assumptions to a rigorous test,” commented Ellen Galinsky, president of Families and Work Institute. “What we found was striking—specifically because it uncovers a marked shift in the attitudes of both women and men who are redefining their priorities in life and in work.”
The study revealed that children of Gen-X parents receive more attention than children did in 1977, with Gen-X fathers spending over an hour more per day with their children than Boomer fathers. The study also finds that both women and men have become more conscious of the personal tradeoffs they have to make to advance in their careers and that an increasing number are choosing to stay at the same levels, rather than continue moving up the career ladder.
“The ABC felt it was critical to conduct this study to further help our collective employees better manage their work and personal responsibilities,” said Stan Smith, National Director, Next Generation Initiatives, Deloitte & Touche USA LLP, an ABC member company. “What we’ve found is that it’s not your father’s workplace any more. A very compelling trend among the younger generations is that they favor family time over the rewards that usually accompany increased job responsibility. This poses a new challenge to managers responsible for growth within their companies since there is clearly a gap between how we currently work and what the next generation of employees want.”
Though their focus may have shifted, the study refutes an often-held assumption that Gen Y and Gen X employees are “slackers”. In fact, the study found that Gen-Y and Gen-X employees in 2002 worked just as hard as their age counterparts did in 1977. Statistically, there is no significant difference between Gen-Y in 2002 and their age counterparts in 1977 with respect to the total paid and unpaid hours worked per week (38.5 hours on average), although an extraordinary 80 percent of college-educated employees would like to work fewer paid and unpaid hours than they currently do. Interestingly, when Gen-X employees in 2002 were compared with their age counterparts in 1977, the study found that in 2002 Gen-X employees actually worked more paid and unpaid hours per week (45.6 hours on average) than employees of comparable ages in 1977 (42.9 paid and unpaid hours per week on average).
“With Baby Boom and Gen X employees making up the majority of our workforce, it is important for us as an employer to understand the priorities and issues these groups bring to the workplace, both in general and as individuals,” said Betty Purkey, Manager of Work/Life Strategies, Texas Instruments. “This information can help us create a workplace that is more effective in attracting and retaining top talent both now and in the future.”
Since its inception in 1992, ABC has worked together to help employees manage work and personal responsibilities. For over a decade, a major focus of the ABC Champion Companies has been to create and fund innovative programs for childcare and eldercare services to alleviate gaps between the needs of working families and the available services and programs in identified communities across the country. As corporate leaders, the ABC Champion Companies recognize that today’s workforce is constantly evolving and are focusing collaborative efforts on understanding the needs of the changing workforce, while implementing creative solutions to improve workforce effectiveness. These programs and services exemplify the ABC's belief that through collaboration, companies can accomplish more together than they can do alone for their employees and their communities.
» Click here to read the study results briefing. (PDF file, 513 KB)
Families and Work Institute (FWI) is a non-profit center for research that provides data to inform decision-making on the changing workplace, changing family and changing community. Founded in 1989, FWI is known for ahead-of-the-curve, non-partisan research into emerging workforce issues; for solutions-oriented studies addressing topics of vital importance to all sectors of society; and for fostering connections among workplaces, families, and communities. For more information, see www.familiesandwork.org.
The American Business Collaboration (ABC) is a groundbreaking collaboration of leading U.S. companies (Champions) partnering since 1992, in more than 68 U.S. communities and investing more than $136,800,000 to ensure that their employees have access to quality programs and services to help them manage their work and personal responsibilities. To date, more than 1,700 dependent care programs have benefited from ABC funding to improve the quality and supply of care in the United States. Current ABC Champion companies are: Abbott Laboratories, Deloitte & Touche USA LLP, Exxon Mobil Corporation, General Electric, IBM Corporation, Johnson & Johnson, PricewaterhouseCoopers, and Texas Instruments. To learn more about ABC please visit www.abcdependentcare.com.
ABC Champions Noted in Workforce Management
Abbott Laboratories, IBM, and Texas Instruments, as well as the ABC, are featured in the article "A Case for Child Care" in Workforce Management, April 2004.
»
Click here to view the article. (PDF file, 1.62 MB)
National
Work-Life Initiative Featured in the Media
Sue Molina, Partner and National Director, Initiative
for the Retention and Advancement of Women, Deloitte & Touche, and
Ellen Galinsky, President and Co-Founder of Families and Work Institute,
were recently interviewed by broadcast outlets across the country
regarding the launch of the National Work Life Initiative.
»
Click here to view a sample segment, which aired on WFMY-TV (CBS
affiliate - Greensboro, NC) on October 22nd. (Please note: this
is a large video file, 75 MB total.)
National
Work-Life Initiative Launched to Improve Quality of Life
Two
National Organizations Collaborate to Help U.S. Companies Deal with
Workplace Challenges of 21st Century
ALEXANDRIA, VA -- The American Business Collaboration
for Quality Dependent Care (ABC) and The Alliance for Work-Life
Progress (AWLP- formerly the Alliance of Work/Life Professionals)
are pleased to announce the introduction of The National Work-Life
Initiative -- a national campaign to bring public awareness and
business focus to work-life issues that are critical to organizational
and personal success. ABC and AWLP are partnering to assist employees
and employers grappling with the complex challenges of the 21st
century workplace and to raise the public's consciousness around
these issues.
"In times of uncertainty, effective work-life
initiatives are more critical for businesses than ever before,"
said Tom Engibous, Chairman, President and CEO of Texas Instruments,
an ABC member company. "At TI, we've seen firsthand how a culture
of workplace flexibility helps employees manage their personal lives
while increasing their productivity and commitment at work. The
mutual benefits to employees and the company's bottom line are very
significant."
The strong correlation between work-life programs
and greater productivity as well as the importance to quality of
life has been documented in a number of studies:
- Statistics in a Watson Wyatt study show that
flexibility in work arrangements can drive a 3.5 percent increase
in shareholder value.
- A recent study by WFD Consulting, a firm that
helps companies improve their work environments and enhance employee
commitment, found that some 83 percent of US corporate employees
work in different locations from their coworkers, and those who
work from home are significantly more likely to be more committed
to the company, productive and successful at work-life integration
than their on-site colleagues.
- According to a recent Harris poll, nearly 80%
of men and women ages 24 to 34 the core of the Generation X cohort
said that time with family was more important than earning a higher
salary.
The National Work-Life Initiative provides an
opportunity to share the successes of companies such as those who
make up the ABC--Abbott, Allstate, Deloitte & Touche, ExxonMobil,
GE, IBM, Johnson & Johnson, PricewaterhouseCoopers and Texas Instruments--through
a multi-faceted approach:
- Congressional Resolution and Presidential Proclamation
declaring September Work-Life Month
- Launch Event on Capital Hill
- Develop strategies for companies to celebrate
Work-Life Month
- Highlight best-practices in the Fortune Special
Text and Advertising Section on Work-Life Effectiveness
The ABC and AWLP are inviting companies and Work-Life
organizations dedicated to enhancing work-life effectiveness to
join them in the effort to seek legislative support for the Congressional
Resolution and participate in the Fortune special section. AWLP
will also be asking work-life professionals and organizations to
participate in the Congressional Communication Campaign.
The American Business Collaboration (ABC)
is a groundbreaking collaboration of leading U.S. companies (Champions)
partnering for over 10 years, in more than 67 U.S. communities and
investing more than $136,000,000 to ensure that their employees
have access to quality dependent care programs and services to help
them manage their work and personal responsibilities. To date, more
than 1,600 dependent care programs have benefited from ABC funding
to improve the quality and supply of care in the United States.
Current ABC Champion companies are: Abbott Laboratories, Deloitte
& Touche, Exxon Mobil Corporation, General Electric, IBM Corporation,
Johnson & Johnson, PricewaterhouseCoopers, and Texas Instruments.
To learn more about ABC please visit the website site at www.abcdependentcare.com.
The Alliance for Work-Life Progress (formerly
The Alliance of Work/Life Professionals) is a membership organization
which provides premier professional membership services to individuals
and organizations that are focused on creating healthy work environments
that value people and support personal life and family issues. We
are committed to the development and advancement of the field of
work-life effectiveness and will promote these issues through publications,
forums, and professional development strategies. AWLP's members
represent all facets of the work field including: work-life managers,
HR professionals, work-life vendors, academics, labor representatives,
non-profit organizations, and government agencies. For more information
on AWLP visit the website at www.awlp.org.
»
Related News: FORTUNE announces special section on "Work-Life
Effectiveness."
ABC
Wins a Moving into the Future Award from the Conference Board's
Work-Life Leadership Council
»
Please click here to read about this event.
IBM,
AT&T Employees Help Seniors Use the Internet at 135 Libraries and
Centers in More Than 30 States
The
American Business Collaboration Funds Study to Address Workforce
of the Future; Finds More than Eighty Percent of All Employees Work
at a Distance
PHILADELPHIA, April 10 -- AT&T and IBM have tapped
their employees to help bring access to the Internet - and knowledge
of how to use it - to senior citizens around the country.
Last year, the two companies collaborated to sponsor
a $660,000 grant to Generations on Line and SeniorNet, Inc. Since
then, more than 130 AT&T and IBM employees have suggested libraries,
senior centers and nursing homes in communities in 30 states where
their parents or grandparents live to receive Generations on Line,
a free simplified Internet program created exclusively for seniors.
Funding for this unique initiative is provided
by the IBM Global Work/Life Fund and the AT&T Family Care Development
Fund. The AT&T Family Care Development Fund is a joint project of
AT&T, the International Brotherhood of Electrical Workers (IBEW),
and the Communications Workers of America (CWA).
As a result of employee involvement, 135 new facilities
now offer this program free to IBM and AT&T relatives and other
seniors. Sixty-five libraries, nursing homes and senior centers
have added Generations on Line to their facilities. "We are a small
community that has had a lot of interest in Generations on Line,"
said Barbara Winter at the Pipestone Senior Center in Minnesota.
"We've had a lot of positive feedback about Generations on Line
and have a couple of people who come in everyday to use it and they
love it. I think it's great because it is so simple for the seniors
to use."
Carol Fjellanger is the IBMer who nominated the
Senior Center in Pipestone, MN, her mother's community, to receive
the Generations on Line software. Pipestone is about 180 miles from
where Fjellanger lives in Rochester, MN. The Generations on Line
program makes it possible for elders, such as Fjellanger's mother,
to stay in touch with family members who do not live nearby - in
this case, two children, five grandchildren and 12 great grandchildren.
"Now she wants her own computer so she doesn't have to go to the
Senior Center to send her e-mails!" says Fjellanger proudly.
In addition, 70 SeniorNet sites have added Generations
on Line to their computer learning centers. Ann Wrixon, President
and CEO of SeniorNet said, "When I walked into the SeniorNet Learning
Center in Jaspar, Arkansas, which is in the middle of the Ozarks
- an extremely rural community - there was the Generations on Line
computer right in the middle of the lobby with 3 seniors crowded
around it."
Dr. Joseph Romano, AT&T Human Resources Vice President
- Health Affairs said, "We're pleased to be associated with such
a worthwhile program, and we're happy that, in many communities
throughout the U.S., our employees and their families are benefiting
from it."
Tobey Dichter, founder and CEO of Generations
on Line, estimates that more than 8,000 seniors have overcome their
fear of computers through this simplified program. "This grant is
an example of corporate leadership recognizing the needs of employees
with older family members as well as the importance to those employees
of staying connected with their elder relatives."
Generations on Line (www.generationsonline.org)
is a nonprofit program launched in September 2000 and is now in
more than 670 senior centers, nursing homes, retirement communities,
subsidized housing units and public libraries in 46 states and Canada.
Through clear, step-by-step, on-screen directions in large type,
the ad-free program guides elderly computer novices through the
basics. Generations on Line provides free, simplified email service
and, through a partnership with AltaVista.com, enables a user to
"surf the Net" in 25 languages. The program, available only to institutions,
also includes the opportunity for seniors to respond to children's
questions about the past, and links to other sites. Generations
on Line is intended to break down the barriers of access, skill
and intimidation for 21 million people over 65 who otherwise might
not use the Internet.
SeniorNet (www.seniornet.org)
is the world's premier technology trainer and online community for
adults over 50. Based in San Francisco and founded in 1986, SeniorNet
is a major international organization that has taught hundreds of
thousands of older adults to use computers and the Internet and
has enriched the lives of millions through its website. With a thriving
online community and a network of more than 240 locally run Learning
Centers in the U.S. staffed by more than 6,000 volunteers, SeniorNet
offers both offline and online destinations to a population that
was originally neglected in the information revolution. Many of
SeniorNet's partners and sponsors, which include major corporations
and foundations, underwrite and co-brand areas of the SeniorNet
website as a way to market their products and services to the coveted
50+ segment.
More information can be found at www.seniornet.org
and www.generationsonline.org.
Click
here to view a listing of Generations on Line participating sites.
(PDF, 26 KB)
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