Over 75% of the global workforce is either not engaged or actively disengaged at work, according to a recent report commissioned by Gallup — and it’s costing the world economy a whopping $8.9 trillion annually. As this data demonstrates, boosting employee engagement isn’t an easy feat and some employment analysts are noting that companies are now building up "emotional salary" to increase employee engagement and productivity.
Here’s a deeper dive into this HR trend. "Emotional salary" includes the non-monetary aspects of a job, such as culture, career and work-life balance. "An employee’s emotional salary is the measure of whether they feel rewarded beyond base pay," said Caitlin Nobes, head of workforce research, Achievers Workforce Institute who is based in Toronto, Canada.
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