August 1, 2007

Here's a great stat: nearly 82 percent of all credit execs work to their potential always or almost always. Anyone desiring peak performance (and who isn't among managers today?) should be interested in factors that relate to people working towards their potential. And we of course want to know how and why the other 18 percent aren't working to their potential and also look for reasons why those working the hardest are doing so.

Once again, we ran all the survey's 140+ variables against the question that asked about working to your potential and came up with several statistically significant relationships. As always, correlation does not imply causation, but the relationships are worth noting nonetheless.

The strongest correlation with working to your potential is job satisfaction. The higher job satisfaction, the more likely the respondent is to feel they are working to their potential. For example, the survey showed that:

• 92.4 percent of those who report job satisfaction is increasing "a great deal" report that they are working to their potential either always or almost always.
• 86.8 percent of those who report that that their job satisfaction is increasing "somewhat" report working to their potential always or almost always.
• 79.7 percent of those who say their job satisfaction is not increasing or decreasing report working to their potential always or almost always.
• 75.3 percent of those who say their job satisfaction is decreasing "somewhat" report working to their potential always or almost always.
• 70.7 percent of those who say their job satisfaction is decreasing "a great deal" report working to their potential always or almost always.

Top Management's Impact Felt Here, Too
A second important factor which correlates with credit pros working to their potential is a top management that is in touch with the contributions of the credit department.

For example, 87.7 percent of those who say top management is in touch with the contributions of the credit department report that they are working to their potential either always or almost always, but only

On the other hand, just 70.1 percent of those who say top management is NOT in touch with their contributions report that they are working to their potential either always or almost always.

Are you working to your full potential, given the parameters set for you by your company?

Source: Credit Today 2007-2008 Salary & Job Satisfaction Survey

Download the Full Report Now
Members of this site can download the full 2007-2008 Salary & Job Satisfaction Survey by clicking here.

If you are not a Member yet, no problem.

You can have full access to the site within one minute from now. Click here to get started.

Related Articles

·  Educational Horsepower Rising in Credit ·  Credit Department Turnover Is Up ·  One in Five Credit Departments Expected to Add Staff This Year ·  The Male/Female Pay Gap Is Still There and It's Still Wide: Is it simple discrimination or a whole lot of other things? ·  Most Credit Execs Are Satisfied With Compensation Package: 26 Factors Linked to Job Satisfaction ·  Eight Factors That Correlate With Increasing Job Satisfaction ·  Survey: Job Satisfaction on the Rise For Credit Profession ·  40 Statistically Significant Variables That Correlate With High Salaries in Credit ·  How the Credit Profession as a Whole Spends its Time ·  Survey: 66 Percent of Credit Pros Expect a Bonus This Year