79% of Frontline Workers Who Feel a Sense of Belonging at Work Have No Plans to Leave Their Employer
Frontline Workers Cite Belonging, Technology, and Supportive Managers as Critical Retention Factors; Highlights Need for Organizations to Prioritize Employee Experiences
NEW YORK, Jan. 16, 2023 /PRNewswire/ -- NRF 2023 (Booth #5957) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today published the results of its latest survey, which defines the critical areas and elements of the employee experience through the eyes of frontline workers.
Workday surveyed 3,000 global workers in frontline positions – across industries including construction, energy, healthcare, hospitality, manufacturing, retail, and transportation – to understand the sentiment, needs, and priorities of today's frontline workforce and to uncover how employers can support, empower, and retain these workers. This is especially critical, as a majority (56%) of senior executives are facing frontline employee turnover that is higher than the historical average.
Keys to Engaging and Retaining Today's Frontline WorkersThe findings revealed that employee experience plays a critical role in frontline worker retention – across all industries surveyed. Today's frontline workers want access to the right tools and technology, to feel a sense of belonging, and to be supported by their managers. It also found that despite 20% of frontline workers planning to leave their jobs within the next three to six months, 79% of workers who feel a sense of belonging at work have no plans to leave their employer, underlining the need for employers to better engage with and retain this essential segment of the workforce.
The survey identified three key factors to delivering positive, connected, and supportive experiences for frontline workers:
The Path Forward for Employee Experiences for the New Front LineTo keep frontline workers engaged and empowered during changing workforce dynamics, organizations need a unified view of their workforce in order to understand and respond to their unique needs. Workday helps organizations support frontline workers and managers with Workday Scheduling and Labor Optimization, a worker-first scheduling solution that leverages artificial intelligence (AI) to match labor demands with worker preferences and enables workers to manage their schedules, adjust and add shifts, and more on a mobile device.
As the survey revealed, frontline workers want a voice, and they want to be heard. Organizations are using Workday Peakon Employee Voice to give employees a confidential platform to share honest feedback about their experience, expectations, and health and wellbeing. With real time visibility into employee sentiment, Workday enables organizations to turn these insights into action and elevate the voice of their employees.
Comments on the News"Frontline workers are doing the hard – yet essential – work that doesn't always get noticed or appreciated like it should," said Ben Eubanks, chief research officer, Lighthouse Research & Advisory. "This research uncovered how positively frontline workers respond to having the right tools and resources in their hands to better manage their work life. It's my hope that employers take note and use these findings as an opportunity to build a stronger support system for their critical frontline staff."
"The last few years have placed a significant amount of pressure and demand on frontline workers, yet organizations continue to face challenges in supporting and retaining this critical segment of the workforce," said Mariana Santiago, GM workforce and payroll, Workday. "The survey uncovered that experience is at the very core of frontline worker engagement and retention. Organizations that listen to the evolving needs and preferences of frontline workers, empower them with the tools to do their jobs, and support them when it matters most will flip the script and dramatically increase their ability to recruit and retain this workforce."
About the SurveyThe "Frontline Workers: How to Connect, Enable, and Support Them in the Modern Workplace" was conducted by Lighthouse Research & Advisory and commissioned by Workday. It is based on a survey of 3,000 global respondents in Australia, Canada, China, India, Ireland, New Zealand, U.K., and U.S. and across industries including construction, energy, healthcare, hospitality, manufacturing, retail, and transportation – to understand the sentiment, needs, and priorities of today's frontline workforce.
For More Information
About WorkdayWorkday is a leading provider of enterprise cloud applications for finance and human resources, helping customers adapt and thrive in a changing world. Workday applications for financial management, human resources, planning, spend management, and analytics have been adopted by thousands of organizations around the world and across industries – from medium-sized businesses to more than 50% of the Fortune 500. For more information about Workday, visit workday.com.
© 2023 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders.
Forward-Looking StatementsThis press release contains forward-looking statements including, among other things, statements regarding the impacts of the co-CEO transition, the timing and impact of Workday's future leadership structure, and Workday's fourth quarter fiscal 2023 and full year fiscal 2024 financial guidance, growth, innovation, momentum, and opportunities. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our Form 10-Q for the fiscal quarter ended October 31, 2022, and our future reports that we may file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
View original content to download multimedia:https://www.prnewswire.com/news-releases/workday-global-survey-employee-experience-takes-center-stage-for-frontline-workers-301722043.html
SOURCE Workday Inc.