Gallup’s State Of The Global Workplace 2024 Report
Gallup's State of the Global Workplace 2024 Report has been released. The key numbers to consider are:
Key Points to Note from Gallup’s
State Of The Global Workplace 2024 Report
Employee Engagement
Employee engagement levels have remained at 23% and those not engaged have increased by +3%. Gallup’s research shows that developing highly engaged teams results in fewer negative outcomes, more positive outcomes, and greater organisational success.
USA & Canada rank the highest region with 33% and Europe the lowest with 13%.
A non-engaged employee could be costing your organisation 18% of its annual salary.
Management
Those who work in companies with poor management practices are nearly 60% more likely to be stressed than people working in environments with good management practices.
The employee-manager relationship is crucial to engagement.
Managers have more negative daily experiences than non-managers and are more likely to be looking for a new job.
Life Evaluation
Only 34% of the global workforce is thriving, 58% is struggling, and 8% is suffering.
Wellbeing
While employee stress has dropped by 3% globally 1 in 4 are experiencing stress daily.
A quarter of leaders feel burned out often or always and two-thirds feel it at least sometimes.
1 in 5 of the world’s employees experience daily loneliness. Loneliness is highest for fully remote workers, 25% as opposed to 16%, and is higher for under 35-year-olds.
Job Market
54% of the world's workforce believe now is a good time to find a job
More than half of the global workforce is watching for or actively seeking a new job.
My Top Five Tips for Improving Employee Engagement
Measure and track employee engagement yearly through an independent and anonymous employee survey. This helps you to identify your engagement strengths and areas of improvement.
Train managers to be great leaders and encourage them to spend more time with their people individually and in groups to understand what matters to them and how they can support them.
The average person is likely to spend about 30% of their waking time in a week at work, therefore reviewing the employee experience to identify what individuals and teams need to enjoy coming to work every day is a priority.
Help employees to thrive in work and life by providing training or coaching to them to develop psychological flexibility, the single most important skill to emotional and mental health.
Review your well-being offering to ensure it meets the needs of your team. It’s always nice to be asked - What do you need to thrive?
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