to improve performance metrics in the short term. Instead, they optimized costs and funded new investments where others solely focused on making reactive cost reductions.and bold investment opportunities is vital for delivering long-term value.Talent investments are a key lever designed to protect an organization’s long-term growth capabilities, and 48% of S&P 500 companies funded at least one talent investment opportunity during the turbulence of 2020.
This is consistent with other Gartner research, showing that organizations can boost employee discretionary effort by 21% by providing holistic well-being support. That’s twice as much impact as companies that provide only traditional programs.Looking ahead, leaders would be wise to remember that supporting employees during times of disruption is not just good for employees, but also good for business.