Report: How investing in employees bolsters the bottom line
Data from Accenture shows the clear correlation between demonstrating care for your workforce and higher revenues—despite the COVID-19 downturn. Here’s where you can create the biggest impact.
Executives’ expectations, priorities and responsibilities are changing.
According to a new report from Accenture, just 35% of C-suite leaders before the pandemic saw themselves as being responsible for the well-being of employees and holistically supporting their needs. Six months later, that number has jumped to 50%.
Even though global unemployment is high due to the COVID-19 pandemic, many workers are reevaluating their careers. More than half of workers are contemplating a career or job change, Accenture reports.
For organizations eager to retain top talent, it will be crucial to show exemplary leadership post-COVID.
In Accenture’s pulse survey, 69% of workers said that they expect companies to start behaving more responsibly and equitably than before, and 67% say that COVID-19 has proved that business leaders must engage on issues such as social inequality and environmental conservation.
In short, employee trust will come at a premium for organizations after the global pandemic.
A new model
Become a Ragan Insider member to read this article and all other archived content.
Sign up today
Already a member? Log in here.
Learn more about Ragan Insider.
