, a comprehensive study that explores employees’ relationships with work around the world. The study, which surveyed more than 15,600 respondents across various industries in 12 countries, reveals the world’s relationship with work is at a breaking point – and its effects are pervasive.
“There is a huge opportunity to strengthen the world’s relationship with work in ways that are both good for people and good for business,” said Enrique Lores, President and CEO, HP Inc. “As leaders, we must always reject the false choice between productivity and happiness. The most successful companies are built on cultures that enable employees to excel in their careers while thriving outside of work.
Knowledge workers report less productivity , more disengagement at work and greater feelings of disconnection .Even when employees feel neutral about their relationship with work, more than 71% consider leaving the company. When they’re not happy at all, that number rises to 91%.More than half of these employees struggle with their self-worth and mental health, reporting low self-esteem and feeling like they are a failure.
The research examined more than 50 factors contributing to a healthy relationship with work, identifyingthat represent critical focus areas – and key imperatives – for business leaders, and comprise the Index that will be tracked over time.Employees yearn for purpose, empowerment, and genuine connection to their work, but just 29% of knowledge workers currently experience these aspects consistently.
Almost three in four business leaders acknowledge that emotionally intelligent leadership is the only way a leader can be successful going forward. Significantly, the study found that emotional intelligence – and increased trust and agency – hold considerable weight with employees: 83% say they’re willing to earn less money to find an employer that values these factors.
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