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Much has been written by expert, i would like to add that, if organization wants to avoid this survey then an alternate therapy, infect we too did it, you can collect a bit of such data while having performance feedback dialogue. We used to have few important fields in our concluding remarks from employee that how are they feeling, level of engagement and what is being expected from employer. We did compile the data and share it with management. We must understand the organization dynamics also, as someone mentioned that every organization is not a GOOGLE, yes being in HR suggest some cost-effective and less expensive solution. The ultimate goal is to have happy employees.
I do not agree most of the organizations are not willing to conduct staff survey or employee satisfaction survey. In my organization, every year we conduct staff survey and share feedback only with top management rather than wider.