Engaged employees drive innovation and profits
Annually, Willis Towers Watson's Global Workforce Study provides a comprehensive view of the attitudes and concerns of roughly 32,000 workers around the world. The study details how employees' views and values influence their behavior and ultimately their performance relative to the level of engagement with their employer.
A study this year shows a global workforce struggling with the impact of financial pressure and constant change. While variations exist across the regions, influenced by local economic and geopolitical conditions, employees broadly are concerned and anxious.
The data suggests we are reaching a tipping point in companies' ability to sustain high engagement across their workforce. Globally, just over a third (35%) of employees are by definition highly engaged — a particularly disturbing fact given the strong relationship that exists between high levels of sustained engagement and company financial results.
With two-thirds of employees feeling unsupported, detached or completely disengaged, the study is a wake-up call for employers that continue to rely on practices and programs designed for an era that is rapidly disappearing. Below are just some of the key concerns that resonate worldwide:
Exponentially engaged enterprises generate an operating margin 3x vs. low engagement enterprises.
Willis Towers Watson defines exponential engagement as:
So how do companies achieve exponential engagement?
Corporate cultures are constantly evolving. The sooner you take control of the levers that affect engagement, the sooner you can begin to reap the benefits.
Choose areas where progress is the most likely so you can begin to develop rapid positive momentum. Once the engagement flywheel is turning, new forms of engagement will come more easily.
How can organizations amplify their influence through authentic brand experiences at scale? The Augeo team was thrilled to bring this powerful topic to a global audience of HR leaders and dynamic change agents at CultureCon, where the future of workplace engagement is revolutionized.
By offering tailored experiences, embracing blockchain-backed digital assets and supporting social causes, businesses are equipped to meet the evolving needs and expectations of their audience—cultivating lasting relationships built on trust and shared values.