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Employee Experience Dictates Terms

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Employee Experience Dictates Terms

Sujith Vasudevan, Managing Editor, 0

"In a world where money is no longer the primary motivating factor for employees, focusing on the employee experience is the most promising competitive advantage that organizations can create." aesthetically elucidates Jacob Morgan, a bestselling author and one of the world's leading authorities on the future of work and employee experience. The pandemic has turned a corner in bringing the spotlight on employee experience. Monetary benefits and perks are no longer the pivots while employees choose where they want to work.

A Gartner, Inc. survey just after the pandemic found that 64 percent of employees worldwide prioritize experience
more highly now than before the coronavirus out break. One of the significant aspects of employee experience is flexibility. A hybrid workplace model mixes in office and remote work to offer flexibility and support to employees. In a hybrid workplace, employees typically enjoy more autonomy and better work life balance ­ and are more engaged as a result. According to a recent study by Gartner, employees are 12 percent more likely to leave their workplaces if employers don't establish explicit hybrid work norms.

The research found that the most successful hybrid models encompass three main categories of explicit norms increase visibility, enable flexibility, and foster connections. The experts note that when an organization creates a more formalized hybrid work model, it significantly helps HR leaders to reduce workfriction and increase engagement by establishing and communicating new norms more intentionally and explicitly. However, the hiring industry is at a watershed moment, and it is important to come on top of the trends with a futuristic vision inclusive of the needs of modern-day employees. In this issue, we present a bunch of companies that ace this function.
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