ELMO Software released its Q2 Employment Sentiment Index (ESI) revealing strong employee support for workplace COVID-19 vaccinations mandates as well as heightened perceived economic and job insecurity.
The survey of over 1,000 Australian ELMO employees studies the attitudes, actions and concerns of Australian workers, and is conducted in partnership with Lonergan Research.
The study reveals that 62 per cent of employees are open to obligatory vaccinations as a requirement for working from the office, with 44 per cent going as far as to say that they are “uncomfortable” working with unvaccinated colleagues.
According to Danny Lessem, CEO of ELMO Software, “We are already seeing different companies take different approaches to managing vaccination requirements in the workplace. It’s far from a cut-and-dried matter and will require employers to be able to engage in transparent one-to-one communication with their employees.”
Employee perception of economic security also relies on the vaccine rollout, with 76 per cent believing that a successful rollout will assist in economic recovery. Unfortunately though, employees are widely dissatisfied with Australia’s vaccine rollout, with 59 per cent of respondents stating that they disagree that the country’s vaccination program is “on track”.
“The message from Australian workers is clear — to kickstart the economy we need to kickstart the vaccine rollout,” says Lessem.
Perceived economic security has fallen by 11 points in the last quarter from 30 per cent to 19 per cent, with perceived job security also dropping 8 points, from 55 per cent to 47 per cent.
With increasing uncertainty around job security and economic recovery, almost half of employees are reporting burnout (42 per cent) and increasing levels of overwhelm.
“Employees feeling burnt out, unrecognised for their efforts and insecure in their jobs is a dangerous combination for employers. This mix should be the ‘canary in the coal’ mine to do something now to make employees’ lives easier.”
Due to declining sentiment around remuneration and work recognition, among macro concerns around economic security, employees are on the hunt to move jobs — highlighting the need for businesses to focus on employee retention strategies.
“With large parts of the economy experiencing a skills shortage, workplaces can’t afford to lose employees. Yet, the risk of losing good workers is greater now than it was at the beginning of the year.”