MILWAUKEE, May 16, 2024
/PRNewswire/ -- Right Management, a global leader in talent
and career management solutions and part of the ManpowerGroup
family of brands, has released the first groundbreaking installment
in its four-part State of Careers series. "The Engagement Illusion"
report, now available for download, reveals alarming truths and
eye-opening insights into today's employee-employer dynamic,
exposing a deep crisis in employee engagement, hidden behind an
illusion of perceived worker satisfaction.
Backed by extensive proprietary research and surveys of more
than 400 leaders and 1,000 employees in the United States and Canada, "The Engagement Illusion" finds
leaders across a variety of industries mistakenly believe their
employees are highly engaged and loyal to their organizations.
Key findings and insights:
- Leaders grossly overestimate employee engagement. 83% of
leaders responded that their workforce is fully engaged, while only
48% of employees would categorize themselves as fully engaged. This
suggests a large gulf between what leaders think and reality.
- Employees are also less loyal than leaders perceive.
While three-quarters of employee participants noted that they'd
like to stay at their organization for the foreseeable future, half
of them are open to taking steps toward taking a job
elsewhere.
- There is an unexpected relationship between engagement and
retention.
Only highly engaged employees are more likely to remain at their
organizations. Those who are somewhat engaged are just as likely to
leave as disengaged employees.
- The least engaged employee segment consists of mid-career
and middle-layer employees. Our research found that those who
have been at the organization for three to five years are most
likely to be actively looking for a new job.
- There is a light at the end of the tunnel. Investing in
employee development drives engagement. Employees want to be
loyal, engaged, and productive; they just need additional support
from leadership to meet their needs. Organizations must prioritize
employee engagement with career management and talent development
approaches that will drive organizational change, particularly at
the middle layer and mid-career levels of the organization.
"Right Management's research is a wakeup call to leaders
everywhere. Employees are not as engaged and loyal as leaders
think they are," Karel van der
Mandele, SVP of Right Management North America, said.
"Fortunately, the research also shows what leaders need to do to
improve engagement, and that is to invest in their talent and
career development."
This report marks the beginning of a broader conversation, with
three additional reports slated for release later this year. With
the latest proprietary research, newest trends, and expert insights
from Right Management, HR and business leaders will successfully
navigate the engagement crisis and bridge the gap between
themselves and their employees. This way, organizations will
future-proof themselves against reduced productivity and the loss
of top talent.
"The Engagement Illusion," complete with actionable insights and
recommendations for organizations, is available now at
www.right.com/state-of-careers.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN),
the leading global workforce solutions company, helps organizations
transform in a fast-changing world of work by sourcing, assessing,
developing, and managing the talent that enables them to win. We
develop innovative solutions for hundreds of thousands of
organizations every year, providing them with skilled talent while
finding meaningful, sustainable employment for millions of people
across a wide range of industries and skills. Our expert family of
brands – Manpower, Experis, and Talent Solutions – creates
substantially more value for candidates and clients across more
than 70 countries and territories and has done so for more than 75
years. We are recognized consistently for our diversity – as a best
place to work for Women, Inclusion, Equality, and Disability, and
in 2024 ManpowerGroup was named one of the World's Most Ethical
Companies for the 15th time – all confirming our position as the
brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us
on LinkedIn, X (formerly Twitter), Facebook, and Instagram.
ABOUT MANPOWERGROUP TALENT SOLUTIONS RIGHT
MANAGEMENT
Talent Solutions combines our leading global
offerings—RPO, TAPFIN-MSP and Right Management—to help
organizations address their complex workforce needs. Talent
Solutions leverages our deep industry expertise and understanding
of what talent wants to provide end-to-end, data-driven
capabilities across the talent lifecycle. From talent attraction
and acquisition to upskilling, development and retention, we
provide seamless delivery, leveraging best-in-class technology and
extensive workforce insights across multiple countries at scale.
Right Management, part of the ManpowerGroup® family of
companies—including Manpower and Experis—is our global talent
management offering for outplacement, career management and leader
development solutions.
For more information, visit right.com, or follow us on LinkedIn,
X (formerly Twitter), and Facebook.
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SOURCE ManpowerGroup