The Incredible Impact of Work Friendships (Infographic & Report)

September 22, 2014 Globoforce

 

We’ve known for a while now how important work friendships are. For years, item 10 on Gallup’s Q12 Meta-Analysis for engagement has been “Do you have a best friend at work?” Work friendships, says Gallup, are linked statistically to retention. They’ve noted that employees with a best friend at work are:

  • 43% more likely to report having received praise or recognition for their work.
  • 37% more likely to report that someone at work encourages their development.
  • 35% more likely to report coworker commitment to quality.

Today we are releasing our latest Workforce Mood Tracker report, which underlines and confirms Gallup’s findings, and also reveals some exciting new insights on both work friendships and the power of including peers in service anniversary celebrations.

This Fall 2014 edition of our survey of U.S. workers looks closely at the topic of work friendships and also examines the effectiveness of years of service/anniversary programs. We examined the scaling impact of work friendships and we asked workers how those relationships can best be leveraged through years of service programs to help increase retention, engagement and affective commitment.

The results are worth checking out. You can download it below. Be sure to scroll down and check out the infographic we created from some of the highlights.


Click Here to Download the
Fall 2014 Workforce Mood Tracker Report


Here are a few highlighted statistics from this report:

  • 88% of workers say they trust their co-workers.
  • 89% of workers say work relationships matter to their overall quality of life.
  • Workers with many friends are nearly 3x more likely to say they love their companies.
  • Workers with many friends are 2x less likely to be poached by recruiters.
  • Anniversary milestones are 20% more likely to be seen as positive when colleagues are part of the experience.

More quick stats from this report are included in the infographic below.
Please share with your networks!


(Infographic) The Power of Peers at Work
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