Approximately 1 in 3 employees in the UK regularly consider leaving their current workplace, according to new research conducted by Great Place To Work.
The data leveraged ย the firm’s research-based Trust Index Survey, a UK-wide population study which surveyed 2,200 employees across 11 sectors has unveiled attitudes towards work following the pandemic, and throughout the cost-of-living crisis.
And, despite what Great Place To Work says has been ‘years of investment’, The State of Employee Wellbeing in the Workplace Report 2024 reveals that organisations are still struggling to fully meet employees’ needs and achieve high workplace wellbeing measures.
It says the past few years have been particularly challenging for employers and employees alike due to the pandemic and cost-of-living crisis. In the immediate aftermath of the pandemic, employee wellbeing became a priority for company leaders. Yet, despite years of investment, organisations are still struggling to fully meet employees’ needs and achieve high workplace wellbeing measures.
Analysis of employee and employer survey responses highlight the key conditions that, according to staff, contribute to overall wellbeing:
Employees across the UK are expecting more wellbeing support from their employers
Only fifty-five per cent of employees at a typical UK workplace feel that their organisation genuinely prioritises wellbeing. This highlights a common sentiment: there’s much more that companies can do to support employee wellbeing.
This concept covers the entire spectrum of an employee’s work lifeโfrom mental and physical health to social connections and financial stability.
Stress is rampant across all industries and job roles, with frontline managers feeling the burn
Over half (53%) of UK employees say that the demands of their job cause them excessive stress. Stress was highest among frontline managers, with just 37% saying that the demands of their jobs do not cause excessive stress. In comparison, 47% of employees/individual contributors and 44% of mid-level managers reported the same.
As a result, frontline managers tend to report the lowest levels of wellbeing among the working population. The combination of high stress, excessive workloads, demands of leading a team and other pressures significantly impacts their wellbeing.
One-third of UK employees say they often think about looking for a job at another organisation
In the UK, 36% of employees frequently think about leaving their current company. Given that nearly half (45%) of employees say they don’t look forward to coming to work, the importance of wellbeing in retaining staff comes sharply into focus.
Prioritising employee wellbeing can significantly increase retention, boost employee advocacy, and strengthen employee engagement. Employees who experience high levels of wellbeing in the workplace are 3 times more likely to intend to stay with their employer.
So, what do employees want most to encourage wellbeing within the workplace?
Perks and wellness programs often fall short of addressing the true needs of employees for enhancing their wellbeing. By analysing a sample of 1,000 comments from UK employees, Great Place To Work discovered that employees now look for the following to support their personal wellbeing:
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Work-Life Balance & Hybrid Working
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Workload, Resourcing & Processes
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People Management
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Pay & Financial Security
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Benefits & Wellbeing Programs
Sara Silvonen, Senior Consultant & Wellbeing Lead, Great Place To Work UK, said: โAt the heart of every organisation is its people and looking after their wellbeing should be much more integrative than a package of impressive perks on a careers website. Wellbeing, engagement, and trust between employees go hand in hand as critical ingredients of a successful workplace culture. By creating the conditions for thriving through job design, the work environment and high-trust relationships, organisations can set employees up for success in terms of productivity and long-term commitment to their mission and purpose.โ