A motivated workforce is vital in any economy The reality is, no matter what the economy brings, winning and keeping great employees — and motivating them to do their best work — will always be top of mind. Even when the economy is at its slowest, having the right people matters. You need resilient, skilled employees who are able to be productive and quickly pivot to adjacent roles if one part of the business slows and another picks up. According to KPMG, organizations that attract, engage, develop, and retain top talent tend to drive the most productivity increases, e昀케ciency gains, and cost savings. And of course, when things heat back up, you need people who can get you back to speed quickly and even be able to jump out of the starting gate ahead of your competitors. Employees would prefer to stay and grow in place So what keeps employees motivated and on board? Our data shows that when companies make the e昀昀ort to proactively nurture careers and growth, it pays dividends. People overwhelmingly prefer to grow where they are planted. According to our 2023 research, 75% of employees surveyed said they would rather stay with their company to advance in their careers. 3 out of 4 employees would prefer to advance at their current company 3 Avoiding the Engagement and Retention Cli昀昀