E X E C U T I V E S U M M A R Y & KEY THEMES Thecurrentemployeedealneedstobereimagined Theemployeedeal isabout morethanpay employeeshaveseen significant changes to andrewards. It includesskills development, their performancemanagement processes purpose, fairness, inclusion, culture, and more. andtools inthepast twoyears. Anecdotally, It comprises thetotalityof theemployee wealsohaveseen employersmakingreal experience, includinghealthandfinancial eforts with well-being programs, customized well-beingandlong-termcareer aspirations. Theemployee deal isabout Theemployeedeal hastwosidestoit,and more than pay and rewards. employeesfeel they are workinghardat It includes skills development, delivering on theirs—givingtheir all and fulfillingtheir part of the “contract.” Employees’ purpose, fairness, inclusion, assessment of their own productivityand culture, and more. engagementhassignificantly outpaced what wesawin2022.Employees’ senseof their benefits, flexible work, and more. Employees ownproductivityhasrisen eight pointsto67% generally really like working for their whiletheir view of their discretionary efort has companies, andwanttostay. jumped19pointsto60%. Yet, workers are also showing frustration They’ve dealt with layofs and re-assignments, withthe lack of options open to them.They Employees who answered that they readjustedtonew waysof working,andborne believe their organizations are not providing AlwaysGoAboveandBeyond stress and burnout,not just from work but from adequate opportunities for growth and everythingthathashappened intheworld in career advancement,and sometimestheir thepast few years. They’ve persevered. managers—especially newer managers— are ill-equipped to help them. Butas resilient andproductive as theyhave 41% 60% been, theyare not always seeing areturnon To keep them,employersmustexpand their whatthey’veputintothesystem. vision for theemployee deal. Thisincludes showingworkersapathfor advancement and Employershaveabsolutelybeen working providing themwiththetools andguidanceto 2022 2023 on tryingtoimprovethesystem,too. Many moveinternally. 2023 Global HR Research Report: The State of Performance Enablement 8
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