Recent research conducted by HR.com in partnership with employee well-being company, LifeWorks, reveals that many organizations are going the extra mile to help employees reach their potential at a time when unemployment rates are dipping to 5% or below in many nations. Companies that do not meet their workforce development requirements are in danger of losing today’s pitched battle to attract and retain good employees.
The resulting research report, Taking Care, is based on survey data from hundreds of HR professionals and employees. It examines the degree to which organizations:
– Help employees to reach their potential
– Provide them with development opportunities
– Recognize them
– Enable work-life balance
– Give meaning to work
– Improve well-being
– Prioritize worker happiness
The report contains a mix of encouraging and alarming findings for employers. On one hand, it shows that a majority of surveyed HR professionals as well as employees believe their organizations provide professional development opportunities. On the other hand, many companies still fail to do so. This is strongly associated with serious problems.
“At a time when skilled workers are at a premium, organizations that fail to invest in the development of their people tend to suffer severe disadvantages,” stated Debbie McGrath, Chief Instigator and CEO, HR.com. “First, their employees are a lot more likely to look elsewhere for jobs. Second, their employees are much less likely to be committed to their own development, reflecting their organization’s apathy.”
A presentation of the research findings will take place via webinar:
“Seven Key Strategies for Preventing Employee Turnover“
June 14, 2017 11:00 – 12:00 PM ET
The report also highlights an area where there was a major disconnect between the opinions of employees and HR professionals: that is, employee well-being. Whereas almost two-thirds of employers think they are helping employees manage their health and well-being, only about half of employees agree.
LifeWorks is a global engagement and wellness company serving over 15 million users worldwide. Their Employee Engagement Platform (EEP) modules provide a comprehensive EAP, Wellness, Social Communications, Recognition and Perks solution. LifeWorks clients include leading global organisations such as J.D. Irving, Limited, Marriott International, Inc. and Sodexo. LifeWorks delivers comprehensive well-being – physical, emotional, financial, professional and mental – via purposeful technology and services. lifeworks.com
HR.com is helping create inspired workforces by making HR professionals smarter. As the largest global social networking and resource site for over 290,000 members, HR.com helps HR professionals reach their goals, be innovative, and embrace and drive change by providing the best possible content and tools and resources including: a global Leadership annual event, featured research programs, Leadership Excellence Awards, HR certification/recertification credits and programs, certification exam preparation courses with guaranteed pass, 12 monthly interactive HR themed epublications, HR Genius learning modules, hundreds of monthly webcasts and virtual events each year, community networks, blogs, and industry news.www.HR.com
For more information, contact:
Chief Instigator and CEO
1-877-472-6648, ext. 104