Global Workplace Report 2024, powered by WorkL
WorkL’s annual Global Workplace Report 2024 is now live and it’s packed with insights on the state of workplace happiness around the world. Inside you can find a detailed analysis of the global workplace, examining the key factors that drive employee happiness and offering recommendations for employers seeking to improve engagement and retention.
Key Findings Include:
- Sector-Specific Happiness Trends: The Technology sector remains the leader in employee engagement, while Retail and Hospitality rank among the lowest globally.
- Legacy of the COVID-19 Pandemic: The pandemic has had a lasting effect on where and how people work, with remote and hybrid work becoming mainstream. Flexibility has emerged as a key driver of workplace happiness.
- Management and Trust: Remote workers report higher levels of trust in management, likely because they feel more trusted in their roles.
- Mental Health and Wellbeing: Mental health continues to be a major concern, particularly for younger employees. The report finds that nearly half of all mental health-related comments come from those aged 25-34, who are increasingly seeking tangible support from employers.
- Employee Development and ‘Flight Risk’: Lack of career development opportunities is a significant driver of employee turnover, with employees in the Philippines and UAE reporting the strongest opportunities for growth, while those in the UK and Ireland show the lowest levels of engagement.
- Compensation and Flexibility: Fair pay remains a critical factor in employee engagement, with the Philippines reporting the highest pay satisfaction and New Zealand the lowest.
- Workplace Environment and the Return to Office: The return-to-office debate continues to be contentious, with some companies, like Amazon, mandating full time office work.