Study reveals the industries with the happiest workers

  • The financial and insurance sector had the highest overall employee happiness score in the study (8.18/10), as well as the highest average annual pay (£85,538).
  • Public administration had the second-highest happiness score (8.17/10).
  • Accommodation and food services had the lowest overall employee happiness score of any industry (4.12/10).
  • Agriculture, forestry and fishing had the second-lowest happiness score (4.74/10).

The top 10 industries with the happiest workers

RankIndustryAv. gross annual pay (£)Job hoppers (% <12 Months)Different employer after 1 yearSame employer after 1 yearHappiness score / 10
1Finance and insurance85,53814.922.773.18.18
2Public administration and defence41,53011.521.175.58.17
3Professional, scientific and technical56,24013.523.570.57.79
4Transportation and storage43,64814.125.270.27.34
5Electricity, gas, steam and air conditioning supply60,03618.620.372.97.18
6Manufacturing4316414.226.868.36.97
7Education40,57316.128.266.36.88
8Mining and quarrying57,42417.824.4696.73
9Real estate activities40,94013.822.9676.71
10Arts, entertainment and recreation44,51019.425.466.86.64

    1. Financial and insurance activities – 8.18/10

According to the study, the Finance industry has the happiest employees, with a total happiness score of 8.18/10.

The average annual pay was the highest of any industry in the study at £85,538. Moreover, the finance industry proved to have some of the lowest turnover, with 73% of employees remaining with the same employer after one year.

 
 

    2. Public administration and defence – 8.17/10

Following closely behind, with an employee happiness score of 8.17/10, is the Public administration industry.

With just 11.5% of employees serving less than 12 months, Public administration and defence has one of the lowest rates of job hoppers of any UK industry, beaten only by the agriculture industry with 11.2%.

    3. Professional, scientific and technical activities – 7.79/10

 
 

Third in the rankings, with an employee happiness score of 7.79/10, is the professional, scientific and technical activities sector.

Including fields such as legal activities, engineering, management consultancy, and scientific research, the industry has an average annual salary of £56,240amongst the highest of all the industries in the study.

The top 5 industries with the unhappiest workers

RankIndustryAv. gross annual pay (£)Job hoppers (% <12 Months)Different employer after 1 yearSame employer after 1 yearHappiness score / 10
1Accommodation and food services31,12233.940.747.84.12
2Agriculture, forestry and fishing34,84811.235.754.74.74
3Wholesale and retail/repair of motor vehicles39,81319.632.558.44.87
4Other service activities37,94715.130.261.95.80
5Human health and social work activities39,48417.128.764.35.87

    1. Accommodation and food service activities – 4.12/10

 
 

According to the study, the industry with the lowest overall employee happiness is Accommodation and food services, with a happiness score of just 4.12/10.

The industry had the lowest average annual salary in the study at £31,122. It also had the highest number of job hoppers, with 34% serving less than 12 months. 

    2. Agriculture, forestry and fishing – 4.74/10

Next up is the Agriculture industry, with an employee happiness score of 4.74/10.

With an average annual pay of £34,848, it was amongst the lowest of all the industries in the study. It also had the highest number of average weekly hours of any industry in the study: 42.

However, this industry did prove to have the lowest number of job hoppers, with just 11.2% of people serving less than 12 months.

    3. Wholesale and retail trade; repair of motor vehicles and motorcycles – 4.87/10

Third in the rankings is the industry for Wholesale and retail, as well as the repair of motor vehicles, with an employee happiness score of just 4.87/10.

The average annual pay was amongst the lowest in the study, at £39,813. The industry was also amongst those with the highest number of employees moving to a different employer after one year (32.5%).

Related Articles

Sign up to the IFA Newsletter

Please enable JavaScript in your browser to complete this form.
Name

Trending Articles


IFA Talk logo

IFA Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast – listen to the latest episode