New Kincentric Report Reveals Employee Attrition, Manager Burnout will Remain a Challenge Globally

Kincentric

PR97030

 

DEERFIELD, Ill., July 19, 2022 /PRNewswire=KYODO JBN/ --

 

--2022 Kincentric Report on Global Trends in Employee Engagement reveals

challenging environment for employee engagement, leading to an Era of

Opportunity for HR Professionals to Transform Organizations

 

Kincentric (

https://c212.net/c/link/?t=0&l=en&o=3595711-1&h=1877967508&u=https%3A%2F%2Fwww.kincentric.com%2F&a=Kincentric

), a Spencer Stuart company that uses data-driven insights to help

organizations unlock the power of people and teams, today released a

large-scale report on employee engagement trends over the past three years

based on input from 12 million employees in more than 125 countries. The 2022

Kincentric Report on Global Trends in Engagement (

https://c212.net/c/link/?t=0&l=en&o=3595711-1&h=498564229&u=https%3A%2F%2Fwww.kincentric.com%2Finsights%2Fglobal-employee-engagement-trends-2022&a=Kincentric+Report+on+Global+Trends+in+Engagement

) shows that while employee engagement levels year-over-year appear relatively

stable, engagement has varied greatly from quarter to quarter, reflecting the

turbulence of the world events that have had a significant impact on workers

around the globe.  

 

Logo -

https://mma.prnewswire.com/media/1802884/Kincentric_Spencer_Stuart_Logo.jpg

 

The report finds that employees' engagement rates peaked at 73% in Q2 2020,

before falling to 67% by Q4. After maintaining rates ranging from 65%-69% in

2021, employee engagement fell to 62% in Q1 of 2022. Notably, workers' desire

to stay within their current organization continues to decrease, indicating

that turnover may remain a persistent challenge -- and middle managers are

feeling more pressure than ever, with a 10-point decline in work-life balance

compared to 2019.

 

"The last few years have seen an unprecedented amount of disruption, from the

ongoing pandemic to global social unrest; to that end, we've also seen a huge

shift in how, when and where people work," said Jeff Jolton, Managing Director,

Research and Insights at Kincentric. "This report outlines the specific changes

unfolding in real-time, on a global scale."  

 

"While there are indicators of decreasing levels of employee engagement in the

data, we have also identified areas of tremendous potential for organizations

to build employee-centric systems, structures and processes that will meet the

needs of the transformed workplace. These challenges present an era of

opportunity for organizational leadership and the Human Resources function as

drastic changes in ways of working can impact company performance."

 

Other key results from the global study include:  

 

    --  Concern about lack of support: Only 50% of employees feel their

        organization has sufficient staffing to get work done.

 

    --  A compelling vision of the future is a game changer: Employees reported

        8x higher engagement when senior leaders made them feel excited about

        the future.

 

    --  Employees want to know how they fit in. As employees deal with a

        changing environment, they want to better understand where they fit

        into the future of the organization. However only 59% feel recognized

        for their efforts and just 54% believe they have future career

        opportunities at their company.  

 

"The findings indicate that no one thing alone makes for a great work

experience. Rather, it is the culmination of multiple and simultaneous active

Employee Experience initiatives such as recognition, career development,

performance management, effective infrastructure and staffing, communicating

vision, caring leadership and a positive mindset around change that correlate

positively with the degree of Employee Engagement and enable organizations to

successfully engage and retain their employees. Now is the time for business

and HR leaders to assess, determine the right steps to take for their culture,

and ultimately empower and inspire their people," said Jolton.

 

For more information or to view the full report, please visit here (

https://c212.net/c/link/?t=0&l=en&o=3595711-1&h=3305597867&u=https%3A%2F%2Fwww.kincentric.com%2Finsights%2Fglobal-employee-engagement-trends-2022&a=here

).

About Kincentric

 

Kincentric, a Spencer Stuart Company, helps organizations unlock the power of

people and teams to ignite change and drive better business results. With

decades of experience and specialist expertise in areas such as culture,

employee engagement, leadership assessment and development, HR and talent

advisory, and diversity, equity and inclusion, Kincentric uses data-driven

insights to architect solutions that add value, enhance agility and increase

organizational effectiveness. For more information, visit

https://kincentric.com.

 

For more information: kincentric@edelman.com

 

SOURCE: Kincentric

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