Before the pandemic, workforce engagement and overall employee wellbeing were rising globally for nearly a decade — but now, they’re stagnant.

Gallup’s State of the Global Workplace: 2022 Report reports that just 21% of employees engaged at work and 33% of employees thriving in their overall wellbeing. Further, the report found that 60% of people are emotionally detached at work and 19% are miserable.

“‘Living for the weekend,’ ‘watching the clock tick,’ ‘work is just a paycheck.’ These are the mantras of many workers worldwide.

Most workers would say that they don’t find their work meaningful or don’t think their lives are going well or don’t feel hopeful about their future, states Gallup.

So what is the cost of poor engagement for companies?

Low engagement costs the world economy $7.8 trillion, due to factors such as lower productivity, attrition, ill health, and more. Specifically in the manufacturing industry, the sector struggles when they can’t find enough committed workers, and this harms productivity throughput, product quality, customer relationships, and more.

To Know More: https://hrtechcube.com/worker-engagement-is-at-risk-heres-how-to-address-that/

Explore HRtech News for the latest Tech Trends in Human Resources Technology.

According to Gallup, while engagement is a problem worldwide, some regions suffer more than others. In the U.S. 33% of workers are engaged, followed by 27% in South Asia and 24% in Southeast Asia. In addition, Australia and New Zealand were at 17%, the Middle East and Africa at 15%, and Europe at 14%,

Bottom line – worker attrition is still at a sizable risk. During the pandemic, workers didn’t hesitate to jump ship for new opportunities, as the large number of unfilled job openings made them feel secure about finding another role. More than 50 million U.S. workers left their jobs during 2022, part of “The Great Resignation” trend that swept the globe.