Let's Look At the Numbers
94% of employees would stay at a company longer if it invested in their career development. 68% prefer to learn at work, and 58% prefer to learn at their own pace.
- LinkedIn, "The Workplace Learning Report 2019."
59% of employees said that opportunities to learn and grow are extremely important to them in a job.
- Gallop, "State of the American Workplace," 2017.
87% of millennials said that career development is important to them in a job.
- Gallop, "How Millennials Want to Work and Live," 2016.
Companies that offer comprehensive, formalized training programs have 218% higher income per employee and 24% higher profit than companies without formalized training or who spend less on training.
- Association for Talent Development, 2019.
92% of millennials prefer to work for companies with a flat organizational structure. 83% of companies that use a flat organizational structure report an increase in employee engagement.
- Deloitte, 2018 The Millennial Study.
Companies with a flatter organizational structure tend to have better financial performance than those with more layers of management.
- McKinsey & Company, "The Future of Work: The Coming of Age of the Flat Organization,” 2018.
29% of employees who left their jobs did so because they felt the company had too many layers of management.
- CareerBuilder, "Why Your Top Talent Is Leaving: The Top Reasons Employees Quit Their Jobs," 2018.
94% of executives and 88% of employees believe that a distinct workplace culture is important to business success.
- Deloitte, "Culture and Engagement: The Naked Organization," 2015.
77% of job seekers said that they would consider a company's culture before applying for a job there.
- Glassdoor, "Mission and Culture Matter Most to Job Seekers," 2016.
70% of respondents said that they believe a strong workplace culture is important to the success of their organization.
- Harvard Business Review "The Impact of Employee Engagement on Performance," 2015.
Companies that organize around customer segments are 2.2 times more likely to be among the top performers in their industry compared to those that organize around functions.
- Bain & Company, "Customer Management Scoreboard," 2018.
Companies that organize around customer segments report higher revenue growth (4.7% versus 1.7%) than those that are organized around functions.
- PwC, "From Promise to Reality: How to Accelerate Digital Transformation, 2018”
84% of executives said that their companies have a formal shared value program or are planning to implement one. - -McKinsey & Company, "The State of Corporate Social Responsibility," 2017.
Companies that embrace shared value principles tend to outperform their peers financially.
- Harvard Business Review, A How-To Guide for the New Corporate Revolution." Harvard Business Review, 2011.
Purpose-driven companies outperform their peers financially and are more likely to report significant revenue growth, have higher levels of employee engagement, and experience greater overall success than those that don't.
- EY Beacon Institute and Harvard Business Review Analytic Services, "The Business Case for Purpose,", 2015.
73% of executives said that a strong sense of purpose leads to employee satisfaction, while 64% said that purpose can increase customer loyalty.
- Deloitte, "The Rise of the Social Enterprise," 2018.
74% of job seekers said that they want a job that makes a difference in the world.
- LinkedIn, "Purpose at Work," 2018.
71% said that they consider their relationships with colleagues to be a major factor in their job satisfaction.
- Harvard Business Review, "The Impact of Employee Engagement on Performance," 2015.
21% of remote workers said that loneliness is the biggest challenge of working remotely.
- Buffer, "The 2020 State of Remote Work," 2020.
Employees who receive regular feedback have 3.5 times higher engagement levels than those who don't.
- Gallop, "State of the American Workplace," 2017.
89% of employees said that they want more control over their work, and 87% said that they want more control over their careers.
- Harvard Business Review, "The Power of Hidden Teams," 2019.
85% of employees said that they prefer to have control over their work schedule, and 82% said that they prefer to have control over their work location.
- Deloitte, "Global Human Capital Trends 2019," 2019.
52% of employees said that they would prefer to have control over their work environment and schedule instead of a higher salary.
- LinkedIn, "Workplace Culture Report," 2018.
Work-life balance was the most important factor for job satisfaction among employees.
- Society for Human Resource Management, (SHRM), "Employee Job Satisfaction and Engagement: The Doors of Opportunity Are Open," 2016.
77% of millennials said that flexible work arrangements would make them more productive.
- Deloitte, “Deloitte Millennial Survey, 2017.
Only 19% of employees strongly agreed that they understood their organization's strategy and only 30% said that their organization involved them in strategic planning.
- Harvard Business Review, "How to Engage Employees in a Purpose-Driven Strategy," 2021.
Only 27% of employees strongly agreed that they believe in their company's values, and only 23% strongly agreed that they can apply their company's values to their work.
- Gallop, "State of the American Workplace," 2017.
Only 22% of frontline workers said that they feel involved in their company's strategy.
- McKinsey & Company, "How Frontline Workers Can Improve Company Performance," 2020.
64% of employees consider a company's social and environmental commitments when deciding where to work, and 83% would be more loyal to a company that helps them contribute to social and environmental issues.
- Cone Communications, "Cone Communications Employee Engagement Study," 2016.
72% of workers said that social or environmental issues are important to them in their job, and 53% said that it's important to work for a company that is committed to these issues.
- Net Impact, "Talent Report: What Workers Want in 2020," 2020.
70% of employees said that they would be more motivated and loyal to a company that takes social and environmental issues seriously.
- GlobeScan, "GlobeScan/SustainAbility Leaders Survey 2019: Leaders' Views on the State of Sustainable Business," 2019.
