This "Work Relationship Index" Might NOT Surprise You!
Psych 🧠- 340/500
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What is it?
This report, titled "Work Relationship Index," focuses on the changing relationship between people and work.
It explores the current state of this relationship globally, identifying its negative impacts on employees and businesses, and outlines six key drivers for creating a healthier, more fulfilling work experience.
Only 27% of knowledge workers globally report having a healthy relationship with work.
This is causing significant negative impacts on employees' mental, emotional, and physical well-being, leading to decreased productivity, morale, connection, and engagement for businesses.
Major findings:
Expectations are rising: Employees have higher expectations of how they are treated at work, with Gen Z and Millennials leading the charge in demanding more from their employers and workplaces.
Emotional connection is key: The future of work is built on emotional connection, with employees wanting to be their authentic selves at work and seeking empathetic, emotionally intelligent leadership.
Six drivers for a healthy relationship with work: The research identifies six core strategic factors that can improve employee-employer relationships:
Fulfillment: Finding purpose, meaning, and empowerment at work.
Leadership: Experiencing empathy and emotional connection from those in charge.
People-centricity: Working for an organization that prioritizes employees' physical and mental health and well-being.
Skills: Feeling confident in one's abilities and having opportunities to learn new skills.
Tools: Having access to the right technology to drive engagement and facilitate work.
Workspace: Flexibility and trust in where employees work, enabled by seamless transitions between locations.
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What do I need to know:
The way we work needs to change: The current state of the relationship with work is unsustainable and requires a shift in mindset from both employers and employees.
Focus on the "why" and "who": Beyond focusing on where people work, organizations need to prioritize why people work (finding purpose) and who they are working for (empathetic, emotionally intelligent leaders).
Embrace emotional connection: Creating a workplace culture that allows for authenticity and emotional expression is crucial for employee well-being and engagement.
Implications for Businesses:
Prioritize employee well-being: Invest in creating a supportive, human-centric work environment that fosters a sense of fulfillment and purpose.
Develop empathetic leadership: Train and empower leaders to be emotionally intelligent and build stronger connections with their teams.
Offer flexible and engaging workspaces: Provide the right tools and technology and support flexible work arrangements to meet employees' evolving needs.
By focusing on the six core drivers identified in the research, organizations can create a more positive and sustainable future of work that benefits both employees and businesses alike.
Source:
https://www.hp.com/us-en/work-relationship-index.html