Tag: employee disengagement

Nearly half of business leaders have seen an increase in employee turnover after delaying pay rises for professionals and white-collar workers. This is according to our new research. As the economic landscape continues to evolve, I have seen many employers facing difficult financial decisions.

Leaders set the tone for workplace culture. They influence performance, productivity and profitability. Leaders also shape the environment in which employees either thrive or disengage. A study conducted in US in response to the Great Resignation, which saw employees leave their jobs in record numbers after the COVID-19 pandemic.

Leaders must navigate increasingly complex challenges. These include economic uncertainty, rapid technological change, evolving workforce requirements and stakeholder demands. Within this context of leadership in uncertain times, traditional skills no longer suffice.

Mental health statistics indicate a global crisis, but awareness is steadily rising. It is crucial for companies to explore how they can bridge the gap between where they are and where they should be. In 2019, the World Health Organisation stated that 15% of working-age adults were estimated to have mental health issues. This massive figure translates into a loss of 12 billion working days and US$1 trillion annually in lost productivity.

Our workplaces are changing rapidly, with organisations redesigning their spaces to be more flexible and hospitable, moving to accommodate hybrid work practices, or simply relocating to downsize. While the reasons for moving are clear, there is often an inconsistent understanding and implementation of change management, which can result in overwhelmed employees, reduced productivity, and the loss of valuable talent.

Companies that prioritise their employees’ change journeys during digital transformation projects, such as the remote working initiatives seen in 2020, are less exposed to risk and more likely to realise the return on their investments.