Work-life balance was considered a "top-driver" of employee happiness. Photo: william87/Iris
The firm’s ‘Global Workforce Happiness Index’ concluded that Norway has the world’s second most satisfied employees, trailing only southern neighbour Denmark.
Following Denmark and Norway in the study were Costa Rica, Sweden and Austria.
The survey asked over 200,000 young professionals in 57 markets to rank their satisfaction level, their willingness to recommend their current employer to others and their likelihood to switch jobs in the near future.
Universum’s research manager Daniel Eckert said that countries that scored the highest on employee satisfaction were the most likely to have an overall thriving economy.
“Employee happiness is crucial for retaining good talent as well as having a motivated workforce that
delivers great results and continuously innovates,” he said in a press release. “If the young professionals in a market show low levels of discontent, this is a good sign for the economy as whole. However, it at these times when it’s harder to clinch the best talent from your competitors.”
Eckert added that job change is “independent from the level of workforce happiness.
“The main drivers for job change are better compensation and benefits and better opportunities for advancement,” he said.
The report said that work-life balance, an area in which Nordic nations frequently rate near the very top in international comparisons, is “a top-driver” in employee happiness.