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There’s no doubt that the last few years have accelerated workplace transformation at a record pace.
The pandemic has driven changes to workplace operations as well as the ongoing labor shortage, but new factors will help businesses move forward according to research from the ADP Research Institute.
According to ADP Research Institute’s “People at Work: A Global Workforce View,” 64% of the global workforce were negatively impacted by Covid-19, including those who were furloughed or lost their jobs, and those who saw their pay decrease.
Additionally, the research shows that visibility will play a significant role in how the workforce operates, particularly as companies shift to remote and hybrid models. In fact, three-quarters of the global workforce have changed how or where they live or plan to do so.
In order to maintain a sense of community and connection, internal company data will need to track how engaged employees are and help managers adjust their leadership strategies accordingly.
The research shows that U.S. workers who feel strongly connected to their employer are 75 times more likely to be fully engaged, making this a driving force in how well a business functions in the future.
“The needs of the global workforce are evolving in tandem with technology, and the result is transformational. Amid all the change, one common thread has only grown stronger: people power performance,” said Don Weinstein, corporate vice president of global product and technology at ADP. “To support and empower their people, employers are rooting their decision-making in data and leveraging those insights to better understand their employees’ needs and what drives their productivity.”
