IdentityForce is excited to announce the release of its latest executive guide, A Holistic Approach to Blending the Physical & Digital Employee Experience. This resource, backed by 25 additional sources, examines the importance of the Employee Experience (EX) as it relates to company success. From the digital shift in the way we work, to corporate culture, employee benefits, and beyond, EX is no longer an afterthought.
As the Workplace Evolves, So Too Must Employee Experience
The war for talent is more contentious than ever. Unemployment is sitting at a 17-year-low and employers are struggling to fill their jobs. A focus on employee experience as a competitive advantage has become essential for organizations to attract, engage, and retain the talent they need.
Millennials, now the largest generation in the workforce, continue to shape the way we work and interact with each other. This shift towards digital has made a major impact on today’s employee experience. No longer are happy hours and other on-site perks enough keep people engaged or recruit prospective talent.
The Workplace Trifecta: Technology, Culture, and Employee Benefits
These changes in working styles can be seen in many ways. Look at Bring Your Own Device (BYOD),which is nearly in every workplace, for example. Studies have shown that it improves productivity, employee morale, and accountability. Going hand-in-hand with BYOD is the increase in flexible, remote work options. It’s expected that, by 2020, 40 percent of the workforce will be freelancers, temps, independent contractors, or solopreneurs.
Culture is another major consideration that affects the holistic employee experience. Many companies have created positions that are solely responsible for overseeing and promoting employee well-being. These roles, often known as Chief People Officers (CPOs) or Chief Culture Officers (CCOs), are becoming increasingly prevalent.
The importance of employee benefits cannot be overlooked. In fact, some could argue that benefits impact EX more than anything else. A Glassdoor study reported that nearly four out of five employees (79%) would prefer new or additional benefits as opposed to a pay raise. Employees want to feel as though their employers care about supporting them both inside and outside of work, and tailored benefit offerings are one of the best ways to do that.
Access the Executive Guide
Download the executive guide today and gain access to best practices in transforming your employee experience.