Tag Archives: WCI

Confidence Index Hits All-Time High

Worker Confidence Index

Workers believe promotions and raises are coming their way.

By Larry Basinait

The Worker Confidence Index (WCI) for the first quarter of 2019 increased by 3.6 points to 110.7, the highest level since this study’s inception. The four indices that comprise the worker confidence index reported mixed results in the fourth quarter of 2018. The job security and likelihood of a raise indices both increased for the quarter, while the likelihood of a promotion and trust in company leadership both declined. For the year, three of the four indices were higher, with only trust in company leadership in decline.

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A Positive Outlook

HRO Today WCI

Worker confidence remains high despite a volatile market.

By Larry Basinait

The Worker Confidence Index (WCI) for the third quarter of 2018 increased by 3.1 points and, at 107.4, is now at its highest level since the first quarter of 2017. All four indices of worker confidence were on the rise this quarter, with likelihood of promotion jumping the most, up to 113.7. The likelihood of a raise and trust in company leadership indices also increased for the quarter by about 3 points.

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Remaining Resilient

Employee Confidence

Worker confidence is boosted by increased job security in the current tight labor market.

By Larry Basinait

The Worker Confidence Index (WCI) for the second quarter of 2018 declined by 2.8 points, reversing a prior trend of consecutive quarterly increases. The WCI now stands at 104.3 (see Figure 1). Of the four components of the WCI, only job security increased, up by four points to 104.0. Likelihood of promotion decreased the most, down by 9.9 points. Likelihood of a raise and trust in company leadership indices also declined for the quarter. However, all four indices remain higher than they were one year ago.

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On the Up and Up and Up

Worker Confidence

2018 kicks off with higher worker confidence, driven by worker optimism about the likelihood of promotion.

By Larry Basinait

In the first quarter of 2018, the Worker Confidence Index (WCI) increased by 2.6 points for the third consecutive quarter. The WCI now stands at 107.1. Of the four elements that determine the WCI, likelihood of promotion increased the most, improving by 9.7 points. Another component, likelihood of a raise, also improved by 4.6 points. The job security and trust in company leadership indices had modest declines, but remain similar to the first quarter of 2017.

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