Workers' expectations for career development and training opportunities are on the rise, along with expectations for pay raises, flexibility and a supportive workplace culture.
Overall, worker optimism about the next five years in the workplace is strong.
ROSELAND, N.J., April 19, 2023 /PRNewswire/ -- As the world of work continues to adjust to the pandemic's lingering effects on the global labor market, workers reveal they want, and need, more from their employer in the latest "People at Work 2023: A Global Workforce View" study from ADP Research Institute (ADPRI). The annual global study identifies and explores employees' attitudes toward the current world of work, what they expect from the workplace of the future, and points to the initiatives and best practices employers are developing to help employees flourish.
According to ADPRI's annual survey of more than 32,000 workers, including the gig economy, across 17 countries, workers demand more personally and professionally, yet that desire is matched with the expectation of increased pay and flexibility. As workers' expectations rise, the onus is on employers to satisfy workers' needs to ensure maximum motivation, dedication and effectiveness in their workforce.
"Workplace dynamics are beginning to solidify after three years of pandemic-driven disruptions, with workers remaining consistent in wanting increased pay, flexibility and a positive workplace culture; however, the interplay among these factors will challenge employers to get creative in order to meet employees' needs," said Nela Richardson, chief economist, ADP. "Forward thinking leaders will need to find ways to help safeguard workers' financial health, while bolstering their professional development."
The following are key takeaways from the report:
Pay and Compensation: How Much is Enough?: Worldwide expectations for pay raises over the next 12 months are high, but the actual salary changes over the previous 12 months paint a different picture.
For Workers, Deciding When They Work is More Important Than Where They Work: Worldwide, workers agreed that flexibility in hours is more important than flexibility in location. Yet still, the trend of "digital nomads," the concept of remote working, is taking on an international perspective and appears to have staying power.
A Caring Workplace Culture: While fewer people report that their work is suffering due to poor mental health than last year, the proportion still remains high. Employers continue to work on creating innovative initiatives that can support positive mental health as well as financial wellness.
Feelings About the Future: Despite recent uncertainty, workers remain largely satisfied with their current employment while open to creative approaches for balancing work and home time. Employees also have a greater focus on skills development and career progression.
"Reimagining working arrangements helped employers navigate workplace disruptions over the past three years," said Richardson. "Going forward, employers that focus on career progression while retaining and advancing a caring and inclusive workplace culture can better meet the needs of their workforce, both now and in the future."
For additional findings and deeper context to the global worker perspective in ADP Research Institute's "People at Work 2023: A Global Workforce View," report as well as regional breakouts, visit ADPRI.org.
About the ADP Research Institute
The ADP Research Institute delivers data-driven discoveries about the world of work and derives reliable economic indicators from these insights. We offer these findings as a unique contribution to making the world of work better and more productive by delivering actionable insights to the economy at large.
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