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Failing Talent at Every Turn: Global Survey of Senior Executives and Employees Finds Workforce Satisfaction is Plummeting

Kelly report discovers some employers are thriving while most struggle to build resilient organizations TROY, Mich., May 3, 2023 /PRNewswire/ -- As employers

articleKelly Services, Inc.May 3, 20235/company/kelly-services-a-inc/news/failing-talent-at-every-turn-global-survey-of-senior-executives-and-employees-finds
Failing Talent at Every Turn: Global Survey of Senior Executives and Employees Finds Workforce Satisfaction is Plummeting

About this update from Kelly Services, Inc.

[{"type":"text","content":"Kelly report discovers some employers are thriving while most struggle to build resilient organizations\nTROY, Mich., May 3, 2023 /PRNewswire/ -- As employers around the world contend with the greatest workforce disruption in generations, a new global report released today by staffing leader Kelly (Nasdaq: KELYA, KELYB) uncovers a striking disconnect between senior executives and talent. The 2023 Kelly Global Re:work Report finds that most organizations are failing to meet the needs of employees and risk erasing progress made during the pandemic. The report identifies resilient organizations thriving amid the disruption, emphasizing the importance of building workforce resilience in today's dynamic labor market.\n\n \n \n\n\n\n\n\n\n \nThe 2023 Kelly Global Re:work Report finds most organizations are failing to meet the needs of employees.The third consecutive global workforce report from Kelly, titled The Three Pillars of Workforce Resilience, uncovers how businesses are struggling to scale, retain, and develop talent—resulting in lower performance, missed business opportunities, and more disengaged employees. Despite these challenges, some organizations are thriving by focusing on three crucial pillars: workforce agility; diversity, equity, and inclusion (DEI); and workforce capability.\n\"Now more than ever, employers are struggling to keep up with the evolving needs of talent, and risk falling behind if they don't bridge the growing divide related to workplace expectations,\" said Tammy Browning, senior vice president of Kelly. \"As organizations enter a post-pandemic era, those that prioritize building a resilient workforce by focusing on the three pillars will be better equipped to adapt to the future of work and thrive in changing market conditions.\"\nKelly surveyed senior executives and talent across 11 countries and 9 sectors. Key findings include:\nEmployees are ready to move on—but not for the reasons executives think. Almost a third of talent (28%) are prepared to leave their employer in the next 12 months, due to poor work-life balance and lack of development opportunities, while executives believe it's due to compensation.Executives recognize they aren't doing enough to meet the needs of their workforce. Fewer than half (47%) say they are doing more to support the wellbeing of employees compared with 12 months ago...

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