Few things are as critical in today’s business as a company’s Employee Value Proposition (EVP). Let’s take a look at some findings that drive that concept home:
- Highly-engaged teams show 21% greater profitability. (Gallup)
- Companies with engaged workers grow revenue 2.5x over others. (Bain & Company)
These figures prove, in quantifiable terms, that engaged employees mean better business. Companies must optimize their EVP because the future of work is people-centric.
- 62% of 603 full-time workers name well-being benefits—mainly financial and mental/emotional health—as key in evaluating a job. (Paychex & Future Workplace)
- 75% expect employers to be a force for good. Only 1 in 4 will work with a company whose values don’t match theirs. (Future Workplace & Blue Beyond Consulting)
These numbers reflect that employees consider far more than mere compensation in job satisfaction and that EVPs should deliver a more human deal.
- 83% of workers favor hybrid work models. (Accenture)
- 63% of high-growth businesses are already enacting ‘productivity anywhere’ models. (Accenture)
These stats tell us that employees are putting a premium on work flexibility—not just where and when, but how they get to do their jobs—and that hybrid work is here to stay.
- 59% of learning leaders count up-skilling employees as their #1 area of emphasis. (LinkedIn)
- A survey of 549 global business leaders prioritized lifelong learning, upskilling team members, and driving innovation into the learning function. (Future Workplace)
These figures show the crucial importance of not just retaining but developing and empowering skilled workers – companies need to invest in a digital-ready workforce.
- Up to 21 new jobs are expected to arise in the Human Resources (HR) field. (Forbes)
- Over 80% of workers want financial guidance from their employers, and almost 30% want improved mental health support. (BrightPlan and Paychex & Future Workplace)
These numbers demonstrate just how much more businesses have come to need and will still need from their HR departments – irrevocably, the role of HR has evolved.
These findings establish that it’s in every company’s best interest to help our people lead full, fulfilling lives. It may take considerable effort and energy, but the rewards will be rich.