The Corporate Quality Index (CQI) – Summer 2023 Report

A NEW TREND IS UPON US!

Good news, everyone! We have the most positive marks for the CQI since inception, with much improvement in areas such as Intention to Stay and even in the compensation factors.

It also marks a shift in the predictive statistics, which are heavily discussed in the report – a sign of a true new normal which has been upon us since 2023+.

Here’s a snapshot of the report distributions:

Index Item: Salary Benefits Culture Balance Ownership Mindset Mediocrity Intention to Stay Choice Provider Corporate Citizenry Repeat Services
Happy 28.2% 26.6% 25.8% 32.3% 13.7% 9.8% 44.4% 43.5% 35.8% 41.1%
Unhappy 37.1% 44.4% 34.7% 35.5% 67.7% 61.8% 31.5% 21.8% 35.8% 29.8%
Neutral 34.7% 29.0% 39.5% 32.3% 18.5% 28.5% 24.2% 34.7% 28.5% 29.0%
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Key Findings From This Edition of the CQI Report:

  • Small Business entities seem to be leading the way in 2023+.
  • It’s hard to compete with benefits when compared against larger entities of size.
  • Tolerance to Mediocrity and Ownership Mindset are highly linked.
  • That only 9.8% of the workforce respondents are highly satisfied with removal of mediocrity; this is up from 7.5%.
  • We are having the highest and most positive marks for Intention to Stay since the inception of the CQI.
  • Compensation satisfaction has gone up considerably, despite actual compensation not having moved with the same ratio.
  • A new guide rail has emerged for 2023+ in Repeat/Ongoing Recommendability by your workforce members.

 

Index Items to Consider from this 2023 Report Edition

Your Own Workforce’s Grading Of Your Products And Services MATTER A LOT.

The CQI has begun to mature with significant amounts of data points – thousands upon thousands – with all this, we’ve seen a new leader emerge in the space of predictive correlations: Repeat Services.

Recommendability of Repeat Services has eclipsed the former title holder Corporate Social Responsibility during this 2023+ data scoop.

Form Above Not Working? No Worries.

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Ben: Ben is COO & Co-Founder of UpDoc Media.
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