Depending on what type of person you are talking to the measurement of morale will be 1)for management Good and work its way higher. 2)For non-managent will be Good and work its way lower. Having been in the company for many years their has never been a concensus, for me it has been good bordering on pretty good, however being a pesimist I may have a slanted view but that was in the days of John Menadue(forgive the spelling) but I believe people were happier then.