Employees and employers are facing a critical moment of Talent Stagnation crisis in the Workplace !
By | Nicolas BEHBAHANI | Global People Analytics Leader @ Future of Work | Leading Global HR Analytics, Driving Business Growth
💡 Employers are not looking internally and, thus, overlooking the potential to upskill and elevate their existing workforce to solve business needs, hindering progression for both workers and organizations.
❗️ One-third of workers feel unrecognized by company leadership.
♻️ Over half of employees (53%) and employers (52%) view workers as easily replaceable
📚 74% of workers recognize the necessity of learning 74% new skills to stay ahead in their career
📈 Employees are able to increase their annual salary when employers invest in boosting career optimism.
⏳ Employees feel both more productive and satisfied with their work when they are given flexibility.
By providing clearer and more personalized opportunities for workers to advance internally, employers have the opportunity to develop the dynamic talent they need from within, according to a new interesting research published by University of Phoenix using data 📊 from an online survey of 5000 US employees of top 20 designated market areas between December 5, 2023 to January 13, 2024.
✅The Threat of Talent Stagnation
Employees are more than twice as likely to feel like they do not have the ability to advance in their current role when their company does not provide :
