Today’s competitive labor market is fierce, and employers have to keep up to attract and retain the right talent. Are you building an employee-centric approach, and searching for an employee experience and employee engagement solution? Our latest ebook on How to Drive a Better Employee Experience, can guide you in your mission to cultivate a healthy and thriving workplace.
Get the latest research on the state of the workplace and why employee experience matters, as well as best practices for measuring it - and a sample action plan that maps directly to hard ROI for reducing turnover, and much more.
If your business is looking for how to measure, analyze, and develop best practices for improving the employee experience…you’re not alone. In fact the latest findings from surveying HR leaders across U.S. companies with 500+ employees found employee experience to be important - and yet respondents felt it is one of the most difficult aspects to measure.
As companies undergo digital transformation and adopt varied working models from onsite, hybrid, to remote environments, it’s no wonder getting employee experience right is becoming top of mind for leadership teams. In this report, we share the research behind how poor employee experience leads to high turnover, and what you can do to correct it by looking at the factors that harm it such as onboarding, meeting culture, and communication overload with digital collaboration tools.
Nearly 94% of all respondents felt that the employee experience was important, with over two-thirds reporting it to be extremely important. We found that 37% of respondents saw a significant decline in employee engagement during the pandemic, and noted it to be one of the top most difficult areas to measure.
The Takeaway
High turnover, poor onboarding processes, and a lack of focus on retention are just a few areas of opportunity for HR leaders and executive leaders. Right now, companies are ill-equipped to handle what’s next, and they underestimate the need to get it right. HR leaders increasingly recognize that employee experience and wellbeing drive productivity, effective collaboration, and more. Yet, most HR professionals rely on antiquated HR objectives such as improving employee satisfaction and company culture. We identified a few major red flags in HR leaders’ responses when asked how they plan to improve employee experience in the coming year.
It goes without saying that adapting to a quickly-evolving workforce that has very different expectations for work across onsite, hybrid, and remote work environments is challenging. However, getting it right is absolutely crucial, and the conclusions in this report is a must-read for businesses that are struggling with collaboration tool sprawl, inefficient and ineffective meetings, and high turnover.