The Hub - Research Employee confidence survey repo

Zimbabwe's Economy is Set for Recovery, but Key Risks Remain

The World Bank 2021

With the economy being predicted to be on a path of improvement, we sought to find out the general opinion of Zimbabweans regarding employment opportunities-related issues. As with our custom, at Industrial Psychology Consultants(Pvt), we carried research to find out. The report details our findings.

Summary of key findings

The overall employee confidence index is 45%.
The economic confidence index is 27%.
The job security confidence index is 36%
The employer's future confidence Index is 55%
The confidence of getting a new job in Zimbabwe is 60%
The 36-45 Years age group has the highest overall confidence index of 65% compared to all other age groups
Males have a higher overall confidence index than females, 56% against 49%.
The senior management group has the highest overall employee confidence index of 67% compared to all other job levels.
The research showed that the employee confidence index does not vary according to marital status.
The cost of living issue is the primary stress concern for employees, with 23% of the participants indicating it as their major issue causing them stress.
43% of the participants indicated that they are struggling with their financial situation, with only 15% indicating that they are happy with their financial situation.
29% of the participants indicated that they were not paid on time at some point this year.
56% of the participants do not have any form of savings.
47% of the 36-45 years age group are in debt.
The majority of the participants that are in debt have a mortgage.
The majority of participants have debts costing them between 30-40% of their monthly income.

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