The Worker Confidence Index (WCI) decreased by 0.7 points since last quarter and 1.3 points since last year. It now stands at 103.2 after increasing for the past two consecutive quarters.
Of the four components of the WCI, trust in company leadership rose by 3.2 points, while there was a 2.5 percent decline in confidence related to job security.
The decline in the WCI since last year suggests some concerns in worker confidence, specifically related to trust in company leadership – which experienced a significant drop of 3.6 points since the fourth quarter of 2016. Recent volatility in the stock market may contribute to lower worker confidence in 2018, but for now, confidence remains high overall.
A look at the top findings from our 2017 studies.
By The Editors
Industry research is core to human capital management and decision-making. That is why in 2017, the HRO Today research team took a deep dive into several topics that presented challenges to HR professionals: candidate engagement, Millennial preferences, global unemployment, worker confidence, company reputation, and more. Here, we share some of the top findings—the full version of each report can be found on our website.