elmo employee sentiment index q3

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Name Name| ELMO CLOUD HR & PAYROLL | 2019 | Commercial in Confidence ELMO Employee Sentiment Index – Q3 Australia | July September 2021 ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

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Page 1: ELMO Employee Sentiment Index Q3

Name Name| ELMO CLOUD HR & PAYROLL | 2019 | Commercial in Confidence

ELMO Employee Sentiment Index – Q3

Australia | July – September 2021

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 2: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

Undoubtedly, the July to September 2021 quarter has been a tumultuous experience for Australian workers and employers. This reality has been demonstrated in the findings of the ELMO Employee Sentiment Index for Q3.

Australian workers who perceive the economy to be secure has declined significantly compared to Q1 and Q2 of this year. Now, 30 per cent of working Australians report the economy as ‘not secure’ – the largest figure recorded to date.

Australian workers are also working fewer hours than at any other point this year. More than one in five Australian workers feel they are not working enough hours. This is the highest rate in any given quarter so far this year and represents a four-point increase on Q2 and a five-point increase on Q1.

The average number of hours worked by Australian workers has also fallen from 33.6 hours per week in Q2 to 32.7 hours per week.

These economic considerations may be behind soaring support for COVID-19 vaccination measures. There has been an eight-point rise in support among working Australians to 70 per cent (up from 62% in Q2).

In a looming challenge for employers preparing to welcome back workers, the proportion of workers uncomfortable working alongside unvaccinated colleagues has climbed to 58 per cent. This is a 14-point rise from Q2.

Employers keeping track of vaccination status is supported by 88 per cent of workers while knowledge of test status is supported by 90 per cent of workers. Vaccination passports have also been welcomed by Australian workers. Four in five (79%) Australian workers support vaccine passports.

The ELMO Employee Sentiment Index offers an insight into the actions, attitudes and behaviours of Australian workers. The July to September report offers a unique insight into how these factors have changed over a period of great uncertainty and ambiguity.

These insights and statistics can be a guiding tool for organisations considering how best to support their workforce through great disruption.

Third quarter summary

02ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 3: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

Methodology

The ELMO Employee Sentiment Report was initiated to gain data and insights into the attitudes, actions and concerns of working Australians.

Respondents were asked to reflect on their actions in the three month period between July 2021 to September 2021.

The research was commissioned by ELMO Software and conducted by Lonergan Research in accordance with the ISO 20252 standard.

Lonergan Research surveyed 1,052 Australian workers aged 18 years and over between 13 September and 20 September, 2021. The research was conducted through a 14-question online survey. Respondents were members of a permission-based panel, geographically dispersed throughout Australia including both capital city and non-capital city areas.

After surveying, data was weighted to the latest population estimates sourced from the Australian Bureau of Statistics.

03ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 4: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 04

Location

Sample Size (n=)

Overall(n= 1,052)

Capital City(n= 723)

Regional Area(n= 329)

New South Wales & ACT

202 131 71

Queensland 201 100 101

Victoria 205 167 38

South Australia 203 160 43

Western Australia 210 165 45

Tasmania 22 22

Northern Territory 9 9

Sample breakdown / demographics

12%

41%35%

13%

Gen Z (18-24) Millennials (25-39) Gen X (40-59) Baby Boomers (60+)

Generation Breakdown

53%47%

1%Gender

Male Female Other

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 5: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

Employee Sentiment Index –Quarterly Comparative Analysis

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 6: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 06

Perceived security

COVID-19 lockdowns may be behind a drastic change in perceived economic security among Australian workers.

There has been an 11 point spike in the proportion of workers rating the economy as ‘not secure’ (30%) compared to the prior quarter. However, despite the drastic change in sentiment toward economic security workers remain largely confident that their jobs remain secure.

While workers may feel their job is secure, they are less certain about their industry with a five-point decline in perceived industry security and a four-point rise in neutral views.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

■ Not Secure (1-4) ■ Neutral (5-7) ■ Secure (8-10)

12% 14% 15%

34% 39% 39%

55% 47% 46%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

Job security

10% 12% 13%

31% 34% 38%

59% 54% 49%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

Industry security

11% 12% 13%

32% 35% 37%

57% 52% 50%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

Organisational security

20% 19% 30%

51% 61% 54%

30% 19% 16%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

Economic security

Page 7: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 07

Hours worked

17% 18% 22%

70% 68%66%

14% 13% 12%

I am working too many

hours

I am working enough

hours

I am not working enough

hours

More than one in five Australian workers feel they are not working enough hours. This is the highest rate in any given quarter so far this year and represents a four-point increase on Q2 and a five point increase on Q1.

In a troubling sign for Australia’s economy, the average number of hours worked by Australian workers has also fallen from 33.6 hours per week in Q2 to 32.7 hours per week.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Q1 2021 Q2 2021 Q3 2021

1% 2% 1%3% 3% 1%6% 6%

5%

24% 26% 28%

36% 35% 32%

16% 14% 16%

10% 12% 11%

5% 4% 5%Fewer than 10 hours

10-20 hours

21-30 hours

31-38 hours

39-45 hours

46-50 hours

51-60 hours

More than 60 hours*

Average (hours) =

33.1

Between 39 and 60 hours

36%

Up to 38 hours64%

Average (hours)=33.6

Average (hours)=32.7

Up to 20 hours16%

Q1 2021 Q2 2021 Q3 2021

Page 8: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 08

Worker wellbeing

The proportion of Australian workers taking mental health leave has risen steadily by two-points quarter on quarter.

This may be correlated to increased feelings of ‘burn out’ throughout the year, with burn out rates remaining high at 41 per cent (42 per cent in Q2).

A further factor may be fewer workers taking annual leave. The number of workers taking annual leave has dropped for the second consecutive quarter to 24 per cent (32 per cent Q2 and 37 per cent Q1). Domestic and international border closures may be deterring workers from drawing down their annual leave balances.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

20%

5%

3%

12%

12%

12%

24%

37%

22%

27%

33%

34%

18%

3%

3%

13%

13%

14%

24%

32%

32%

32%

34%

42%

24%

5%

4%

9%

8%

16%

18%

24%

28%

31%

26%

41%

0% 10% 20% 30% 40% 50%

None of the above

Used an employee assistance program (EAP)

Taken unscheduled remote work leave

Taken a sick day despite not being sick

Taken carer’s leave or compassionate leave

Taken a mental health day

Arrived at work while feeling unwell

Taken annual leave

Felt overwhelmed with the amount of work you had to do

Felt bored at work

Taken a legitimate sick day

Felt “burnt out”

Q3 2021 Q2 2021 Q1 2021

Page 9: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 09

Worker mobility

Australian workers may be putting their career change dreams on hold. The proportion of workers considering a career change is at a year long low.

Less than a quarter (23%) of Australian workers have considered a career change in the last quarter. This is down from 26 per cent in Q2 and 24 per cent in Q1.

Even fewer workers are following through on their career change goals with just four per cent of workers commencing a career change.

It’s a similar story for workers looking a new job.

While almost a fifth (17%) report that they actively searched for a new role in a new company, just 9 per cent report starting in a new job.

Nearly a quarter (23%) of Australian workers have taken on more responsibility at work in the last three months. This remains stable since Q2 (23%).

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

33%

7%

11%

11%

9%

12%

8%

12%

17%

16%

19%

25%

24%

33%

4%

6%

6%

8%

10%

7%

13%

15%

19%

22%

23%

26%

37%

4%

7%

8%

8%

8%

9%

11%

13%

17%

19%

23%

23%

0% 10% 20% 30% 40%

None of the above

Commence a career change

Commence new formal training

Earn a promotion

Interview for a new role in a new company

Actively search for a role in your existing company

Started in a new job

Apply for a new role in a new company

Consider undertaking new formal training

Actively search for a new role in another company

Complete training mandated by your employer

Taken on more responsibility at work

Consider a career change

Q3 2021 Q2 2021 Q1 2021

Page 10: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 010

Recognition and remuneration

Australian workers are doubting they will receive a pay rise within the next year. The proportion of workers anticipating a pay rise is down five points to 47 per cent.

This is the lowest rate recorded this year.

However, more than three fifths (61%) of Australian workers believe they are remunerated fairly for their work and a similar proportion (62%) say they are recognised for their contributions. Both are similar to Q2 (remunerated fairly 63%, recognised for contributions 63%).

Three in ten (30%) Australian workers anticipate a performance bonus within the next year. This is similar to Q2 (31%).

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

4% 5% 5%8% 10% 10%21% 23% 24%

50%54% 51%

18% 8% 10%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

I am recognised for my contributions at work

6% 6% 7%6% 9% 8%

21% 22% 23%

52%55% 52%

14% 8% 10%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

I am remunerated for my work fairly

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree ■ Don’t know

9% 10% 11%14% 13% 13%

24% 23% 29%

38% 42% 38%

15% 11% 9%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

I anticipate a pay increase within the next year

11% 11% 14%

26% 30% 28%

27% 28% 28%

23% 23% 25%14% 8% 5%

0%

20%

40%

60%

80%

100%

Q1 2021 Q2 2021 Q3 2021

I anticipate a performance bonus within the next year

Page 11: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 011

Economy influencing decision making

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

7% 6%

37% 43%

34%33%

22% 18%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Seek a salaryincrease

Search for a newjob

Q1 2021

Influencing alot

Influencing a little

Not influencing at all

Dont know / not sure

Despite the fall in perceived economic security, two in five (38%) Australian workers say current economic conditions are having no influence at all on their decision to seek a pay increase, while a third (34%) believe economic conditions are right for them to do so.

Economic conditions do not appear to be substantially influencing workers’ decisions to search for a new job. Nearly a third (32%) of working Australians report that they are encouraged by current economic conditions to search for a new job, this is similar to Q2 (31%).

Q10. To what extent are current economic conditions encouraging or discouraging you to do the following?; Australian Workers (n = 1052)2407_ Q11. To what extent are current economic conditions encouraging or discouraging you to do the following? Australian Workers (n = 1039)

2301_Q12a. To what extent are current Australian economic conditions influencing your decision to…? Australian Workers (n = 1088)NOTE: Code frame change since Q1

5% 7%8% 7%

14% 15%

40% 38%

24% 24%

10% 10%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q2 2021 Q3 2021

Seek a pay increase

Strongly encouraging

Somewhat encouraging

No influence at all

Somewhat discouraging

Strongly discouraging

Don’t know / not sure7% 6%6% 8%

14% 15%

41% 38%

23% 22%

8% 10%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q2 2021 Q3 2021

Search for a new job

34% 32%

Page 12: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 012

Future of work

Australian workers remain bullish about the future of their roles. Automation is not a concern for 70 per cent of workers who do not believe their role will be automated in the next five years, down slightly from 72 per cent in Q2 but up 5 per cent on Q1.

Workers are similarly unphased about the prospect of their roles being offshored with 75 per cent disagreeing that their role will be offshored in the next five years. This is down three points from Q2 (28%) and up six points from Q1 (69%).

Two in five (40%) Australian workers feel their industry is prone to job losses, this is similar to Q2 (41%). However, the proportion of workers who state they ‘don’t know’ has hit a year high of 10 per cent.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

9% 9% 10%

33% 37% 34%

32%35% 36%

17%15% 15%

9% 3% 5%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1 2021 Q2 2021 Q3 2021

My role will be automated in next 5 years

8% 8% 12%

39% 44%44%

30%34% 31%

13%10% 10%10% 4% 3%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1 2021 Q2 2021 Q3 2021

My role will be offshored in next 5 years

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree ■ Don’t know

8% 6% 10%

14% 17%17%

35% 35% 33%

30% 32% 31%

13% 10% 9%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1 2021 Q2 2021 Q3 2021

My industry is prone to job losses

Page 13: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 013

Future of work

Australian workers are less likely to believe their skill set is specialised and hard to replace than they were six months ago. Just half of Australian workers believe they would be hard for their employer to replace, this is six points lower then in Q2 (56%) and the lowest on record (Q1 60%).

Support for technology in the workplace remains high with 64 per cent believing greater technology will assist them in their roles.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

7% 5% 7%6% 5%

9%

20% 22%19%

47%55% 51%

21% 13% 13%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1 2021 Q2 2021 Q3 2021

Greater technology will assist me in my role

4% 4% 7%8% 11%

13%

28% 30%29%

38%42% 38%

22%14% 13%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1 2021 Q2 2021 Q3 2021

My skill set is specialised and hard to replace

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree ■ Don’t know

Page 14: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 14

Employee priorities

Q1 2021 Q2 2021 Q3 2021 Movement

Remuneration and bonus payments / incentives 2nd 1st 1st -

Stability of an organisation 3rd 2nd 2nd -

Flexible/Remote working 1st 3rd 3rd -

Culture of the organisation 4th 4th 4th -

Easy and/or short commute 5th 5th 5th -

Career development opportunities 6th 6th 6th -

The ethical standing/reputation of the organisation and leadership

7th 7th 7th -

Professional learning opportunities 8th 8th Tied 8th -

Wellbeing initiatives 10th 9th Tied 8th→

Diversity among employees/senior leadership team of the organization

9th 10th 10th -

Online or word-of-mouth employee reviews of the leadership

11th 11th 11th -

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

The priorities for Australian workers searching for a new employer remain stable. Remuneration is the key factor, followed by organisational stability and flexibility/remote working.

Interest in wellbeing initiatives has risen slightly from ninth place in Q2 to tie for eighth place in Q1.

Page 15: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

Topical matters –Q3 2021 findings

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 16: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

11% 12%

26%18%

42%

40%

20%30%

0%

20%

40%

60%

80%

100%

Q2 2021 Q3 2021

Employers should require their employees to be vaccinated

70%

16

Worker vaccine sentiment

The latest round of lockdowns may be behind soaring support for employers requiring their employees to be vaccinated against COVID-19. There has been an eight point rise in support among working Australians to 70 per cent (up from 62% in Q2).

In a looming challenge for employers preparing to welcome back workers, the proportion of workers uncomfortable working alongside unvaccinated colleagues has climbed to 58 per cent. This is a 14-point rise from Q2.

The largest rise has been seen in perceptions of Australia’s vaccination roll-out with two thirds (66%) of workers believing Australia is on track with its vaccination roll-out. This is up significantly from Q2 (41%).

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

14% 11%

42%

31%

33%

39%

10%19%

0%

20%

40%

60%

80%

100%

Q2 2021 Q3 2021

I am uncomfortable going into work if my colleagues are not

vaccinated

18%7%

41%

27%

34%

55%

7% 11%

0%

20%

40%

60%

80%

100%

Q2 2021 Q3 2021

Australia is on track with its vaccination roll-out

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree

66% 58%

Page 17: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

On trend with growing support for mandatory vaccinations in the workplace, Australians are comfortable with their employer knowing their COVID-19 vaccination and test status. Employers keeping track of vaccination status is supported by 88 per cent of workers while knowledge of test status is supported by 90 per cent of workers.

Vaccination passports have also been welcomed by Australian workers, with four in five (79%) Australian workers supporting vaccine passports.

4% 5% 10%6% 6%10%

44% 41%

40%

46% 47%39%

0%

20%

40%

60%

80%

100%

I am comfortable with my employer knowing my COVID-19 test status

I am comfortable with my employer knowing myvaccination status

I support vaccine passports

Q12. Thinking about COVID-19, to what extent do you agree or disagree with each of the following statements?; Australian Workers = 1052

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree

Worker vaccine sentiment

Page 18: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 018

Disposable income intentions

When it comes to spending disposable income, Australian workers have not quite aligned their intentions with their actions.

In Q2 a quarter (25%) of working Australians intended to save half of any disposable income they may have received yet a fifth (19%) reported doing so in Q3.

Retail spending was one area where Australian workers exceeded their Q2 intentions with 15 per cent reporting spending on retail goods compared to 13 per cent in Q3.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

5%

18%

22%

7%

8%

10%

11%

13%

22%

24%

12%

25%

20%

11%

16%

19%

6%

6%

10%

9%

15%

17%

21%

14%

19%

21%

0% 5% 10% 15% 20% 25% 30%

None of the above

Allocate the funds for a holiday or travel

Allocate the funds to an investment

Spend on fashion items

Spend on beauty, wellness, or self-care items

Spend on services

Spend on whitegoods or household items

Spend on retail goods

Pay down existing credit card, personal loan debts

Pay down existing mortgage

Save less than 50 per cent of the amount

Save more than 50 per cent of the amount

Save the full amount

Q3 2021 Q2 2021

SaveQ3 : 51% Q2 : 53%

Pay Down Debts

Q3 : 33% Q2 : 40%

SpendQ3 : 31%Q2 : 30%

Page 19: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

2% 7% 10% 10%7%

36%38% 39%

59%

45%41% 42%

32%

13% 11% 9%

0%

20%

40%

60%

80%

100%

I am confident using technology inthe workplace

I am investing in improving my digitalskills

I need to improve my digital skills tocontinue to be able to do my job

My employer is investing in growingmy digital skills

Australian workers feel confident using technology in the workplace and are actively investing in improving their digital skill sets. Nine in ten (91%) Australian workers say they are confident using technology in the workplace. Although they are confident, three in five (58%) Australian workers are investing in improving their digital skills, while half (51%) say their employer is investing in growing their digital skill.

Slightly more than half (53%) of Australian workers state that they need to continue to improve their digital skills to continue to be able to do their jobs.

51%53%58%

■ Strongly Agree ■ Agree ■ Disagree ■ Strongly Disagree

91%

Digital skills

Page 20: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018

Employee Sentiment Index –Q3 2021 findings

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 21: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• Half of Australian workers feel their organisation (50%), or their industry (49%) are secure.

• 70% of Australian workers feel the economy is secure.

• Baby Boomers are the least likely generation to feel the economy is secure (62%) compared to Gen Z (73%), Millennials (71%), and Gen X (72%)

Perceived security

30%

15%

13%

13%

54%

39%

38%

37%

16%

46%

49%

50%

The economy

Your job

Your industry

Your organisation

Not secure (1-4) Neutral (5-7) Secure (8-10) Neutral-Secure (5-10)

87%

87%

85%

70%

Page 22: ELMO Employee Sentiment Index Q3

Monica Watt | ELMO CLOUD HR & PAYROLL | 2018 022

1%1%5%

28%

32%

16%

11%

5%Fewer than 10 hours

10-20 hours

21-30 hours

31-38 hours

39-45 hours

46-50 hours

51-60 hours

More than 60 hours

Average (hours) 32.7

Up to 38 hours64%

Up to 20 hours16%

Between 39 and 60

hours36%

Hours worked

• On average, Australian workers are working nearly 33 hours per week.

• Full-time workers, on average, are doing 38.5 hours per week, while part-time workers are working 20.6 hours per week

12%

66%

22%I am working too

many hours

I am working

enough hours

I am not working

enough hours

• 22% of Australians workers feel they are not working enough hours. • 38% of part-time workers feel they are not working enough hours, compared

to 12% of full-time workers.

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Page 23: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• In the past three months, 57% of casual workers feel they are not working enough hours.

• Nearly a quarter (23%) of full-time employees on hourly wages felt they were not working enough hours over the past three months.

10%

23%

31%

43%

57%

72%

70%

66%

53%

41%

18%

7%

2%

4%

2%

Employed full time - salary

Employed full time – hourly wage

Employed part time – salary

Employed part time – hourly wage

Casual

I am not working enough hours I am working enough hours I am working too many hours

Sufficiency of hours worked

Page 24: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• Two in five (41%) Australian workers felt ‘burnt out’ over the past three months. This is driven by the younger generations (Gen Z 51%, Millennials 48%, Gen X 36%, Baby Boomers 19%).

• A third (34%) of Millennials felt overwhelmed with the amount of work they had to do over the last three months (Gen Z 28%, Gen X 27%, Baby Boomers 12%)

Worker wellbeing

24%

4%

5%

8%

9%

16%

18%

24%

26%

28%

31%

41%

None of the above

Taken remote work leave (or equivalent) that’s unscheduled/irregular/not usually allowed

Used an employee assistance program (EAP)

Taken carer’s leave or compassionate leave

Taken a sick day despite not being sick

Taken a mental health day

Arrived at work while feeling unwell

Taken annual leave

Taken a legitimate sick day

Felt overwhelmed with the amount of work you had to do

Felt bored at work

Felt “burnt out”

Page 25: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• One in six (17%) Australian workers actively searched for a new role in another company in the past three months. This was driven by the younger generations, in particular Millennials (Millennials 23%, Gen Z 19%, Gen X 13%, Baby Boomers 4%).

• Nearly one in ten (8%) Australian workers have actively searched for a role in their existing company in the past three months.

• Casual workers are more likely than average to have searched for a new role in their company (11%, average 8%)

Worker mobility

37%

4%

7%

8%

8%

8%

9%

11%

13%

17%

19%

23%

23%

None of the above

Commence a career change

Commence new formal training

Interview for a new role in a new company

Actively search for a role in your existing company

Earn a promotion

Started in a new job

Apply for a new role in a new company

Consider undertaking new formal training

Actively search for a new role in another company

Complete training mandated by your employer

Taken on more responsibility at work

Consider a career change

Page 26: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• Nearly half (47%) of Australian workers anticipate a pay increase next year.

• Men are 13 per cent more likely to anticipate a pay increase next year than women (53%, women 40%)

• Three in ten (30%) Australian workers anticipate a performance bonus next year.

• Men are 10 per cent more likely to anticipate a performance bonus than women (35%, women 25%)

Recognition and remuneration

5%

7%

9%

10%

10%

25%

38%

38%

51%

52%

28%

28%

29%

24%

23%

28%

20%

13%

10%

8%

14%

8%

11%

5%

7%

I anticipate I will receive a performance bonuswithin the next year

I am rewarded when my company performswell

I anticipate I will receive a pay increase withinthe next year

I am recognised for my contributions at work

I am remunerated for my work fairly

Strongly Agree Agree Disagree Strongly Disagree Dont know TotalAgree

Total Disagree

62% 31%

61% 34%

47% 42%

44% 48%

30% 56%

Page 27: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

Economy influencing decision making

Total Encouraged

Total Discouraged

34% 21%

32% 23%10%

10%

22%

24%

38%

38%

15%

15%

8%

7%

6%

7%

Search for a new job

Seek a pay increase

Strongly encouraging Somewhat encouraging No influence at allSomewhat discouraging Strongly discouraging Don’t know / not sure

• Around a third of Australian workers are at least somewhat encouraged by current economic conditions to seek a pay increase (34%) or to search for a new job (32%).

• Nearly a quarter (23%) of Australian workers are at least somewhat discouraged to search for a new job in the current economic conditions.

Page 28: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

3%

5%

9%

13%

13%

10%

15%

31%

38%

51%

31%

36%

33%

29%

19%

44%

34%

17%

13%

9%

12%

10%

10%

7%

7%

My role will be offshored inthe next 5 years

My role will be automated inthe next 5 years

My industry is prone to joblosses

My skill set is specialised andhard to replace

Greater technology will assistme in my role

Strongly Agree Agree Disagree Strongly Disagree Dont know

• Half (50%) of Australian workers feel their skillset is specialised and hard to replace.

• This is driven by male workers (57%; female 43%)

• One in eight (13%) Australian workers believe their job will be offshored n the next five years.

• This is driven strongly by Gen Z (22%, Millennials 14%, Gen X 13%, Baby Boomers 3%)

TotalAgree

Total Disagree

64% 28%

50% 42%

40% 50%

20% 70%

13% 75%

Future of work

Page 29: ELMO Employee Sentiment Index Q3

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified PublicELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public

• Remuneration and bonus payments / incentives are the most important factors Australian workers look for when choosing a new employer, with one in five (21%) workers ranking it number one overall, six points above the next highest-ranking factor – stability of an organisation (15%).

Overall Rank

% Ranked 1st

% Ranked 2nd

% Ranked 3rd

% Ranked 4th

% Ranked 5th

Remuneration and bonus payments / incentives 1st 21% 16% 12% 11% 9%

Stability of an organisation 2nd 15% 12% 13% 13% 9%

Flexible and remote working 3rd 14% 13% 12% 10% 9%

Culture of the organisation 4th 13% 10% 11% 12% 11%

Easy and/or short commute 5th 10% 13% 11% 12% 8%

Career development opportunities 6th 8% 10% 10% 9% 11%

The ethical standing/reputation of the organisation and leadership 7th 7% 6% 7% 9% 10%

Professional learning opportunities 8th 4% 6% 8% 8% 9%

Wellbeing initiatives 8th 4% 6% 6% 8% 11%

Diversity among employees/senior leadership team of the organisation 10th 3% 4% 5% 5% 8%

Online or word-of-mouth employee reviews of the leadership 11th 3% 3% 4% 4% 5%

Employee priorities

Page 30: ELMO Employee Sentiment Index Q3

Name Name| ELMO CLOUD HR & PAYROLL | 2019 | Commercial in Confidence

www.elmosoftware.com.au

[email protected]

ELMO Software

ELMO_Software

ELMOSoftware

Questions?

ELMO Employee Sentiment Report: Australia | ELMO Software | Q3 2021 | Unclassified Public