As the world continues to change rapidly, businesses are navigating a challenging landscape, with talent leadership on the front lines of every major change. Now more than ever, organizations must prioritize employee engagement and success to remain stable in these turbulent times.

 

The 2023 Employee Engagement Trends report, compiled by Quantum Workplace, is a comprehensive guide with expert insights to help organizations thrive. The report highlights six major trends that will shape the future of employee engagement:

• Rebuilding Trust: Trust plays a key role in driving employee and business success. However, there is a large gap in trust between senior leaders and employees. Leaders must focus on bridging the gap with thoughtful listening, understanding, and action.

• Investing in Employee Engagement: To create an engaging employee experience, organizations need to understand, validate, and improve upon it. Inspiring employee impact by connecting employees to the role they play in helping achieve business success is critical.

• Inspiring Employee Impact: It's essential to build and optimize culture strategies for organizational magnetism—to become a place where employees want to stay, and talent wants to join.

• Building Culture: Employee success unites the whole organization around creating an environment where each employee can be successful. It's a holistic approach to make the workplace better.

• Creating Organizational Magnetism: To build a workplace where employees want to stay and talent wants to join, it's important to inspire employee impact by connecting employees to the role they play in helping achieve business success.

• Leveraging Flexibility: The pandemic has shown that flexibility is essential. Organizations should continue to embrace flexibility in their policies to support their employees’ success.

 

 

The report emphasizes the importance of trust in employee success. Trust has major benefits for both employees and organizations, with employees at high-trust organizations reporting 74% less stress, 106% more energy at work, 50% higher productivity, and 40% less burnout.

However, there is a clear gap in trust and engagement among leaders, managers, and employees. Executives are nearly 20% more engaged compared to employees, and only 89% of managers and 86% of individual contributors reported trust in senior leaders to lead the company to future success.

Leaders carry the responsibility of trust building within their organization. They have the power to minimize division in the workplace and to bridge any trust gaps already present. To build trust, leaders should include employee feedback in decision-making processes, communicate transparently and honestly, and act based on employee feedback.

In conclusion, the 2023 Employee Engagement Trends report highlights the critical role of employee success in navigating business challenges in 2023 and beyond. Organizations must prioritize trust, engagement, and flexibility to create an environment where employees can be successful. By investing in employee engagement, building a strong culture, and creating organizational magnetism, organizations can inspire employee impact and drive success.

 

 

Source: Quantum Workplace