It has never been more important to care for your employees. Between a competitive job market and a pandemic that has forced many employees to reconsider their career paths, companies that do not make an effort to support their workforce will find it increasingly difficult to retain their top talent. Surname.
Businesses are still having to get used to new ways of working as the need for flexible work attracts more and more attention. This article invites you along G Office explores five key trends that will emerge employee satisfaction level and help employers like you understand what you need to do and what the workforce expects of you in the coming months:
Happier workers are productive ones
In terms of value, it seems like ensuring employees are satisfied with their jobs is a secondary consideration: a “nice to have” asset but not as important as ensuring the work gets done. But the truth is that these two factors are deeply interconnected.
Research from Oxford University's Said Business School has found that:
This demonstrates that there is a direct link between employers' efforts to accommodate their workforce and receiving the end product from that effort in the form of making the most of available human resources. Have.
Flexible work is becoming a must
Employees are asking for more flexibility in how they work, including deciding when they work from home and when they work from the office. Whereas in the past, employees might have felt dissatisfied if denied flexible working but still reluctant to continue their work, times have changed: flexible work is fast becoming a disruptor. agree.
One study has found that up to half of employees will start looking for alternative employment if their current employer does not offer them flexible work. Some businesses may still be reluctant to cede control of work arrangements to their workforce, but they will have to face the reality that they risk losing top talent if they bury sand input.
Employee welfare remains a focus
The past few years have been difficult for everyone in many ways. Faced with extended periods of isolation and the potential impact of working remotely in small or shared accommodations, the past two years have taken an emotional toll on many employees.
The good news is that employers have recognized this problem. According to the Chartered Institute of Personnel and Development in the UK, 82% employers are concerned or extremely concerned about the mental health of their employees. This is driving increased adoption of employee assistance programs along with the freedom that flexible work offers. However, the CIPD notes that more could be done in training managers to tackle staff mental health.
Retaining employees is a big cost saver
Holding on to the best and brightest is not only important operationally, but can also make a big difference financially. Zenefits found that among mid-sized businesses in the US, 63% said retaining employees is more difficult than hiring them. And when it costs an average of $5,115 to hire and train a new employee, according to findings from SHRM and Training Magazine, the implications of high employee turnover are clear.
All of this suggests that employers must take steps to keep employees engaged in their work, and HubSpot found that 69% employees said they would work harder if they felt rated higher.
The ability to adapt to an uncertain future is essential
All of the above should be placed in the context of a rapidly changing business world that is still facing the consequences of the pandemic. There is no way to know what the world will look like moving from 2023 to 2024, so organizations must prepare for every possible scenario.
That could mean sending employees back to working from home in the short term or adapting to new safety protocols and rules that are in place immediately. This is where technology such as work scheduling software, which can help enforce those rules and demonstrate compliance, can be very useful, along with a move to the cloud that allows remote access into critical data and applications.
