For years, the employee value proposition has been predicated on the notion that engaged, happy employees are more productive, committed and loyal. Today, however, this equation is changing. Mercer’s new Inside Employees’ Minds™ Survey of 3,000 US workers finds an intriguing paradox: Nearly two in five US workers are seriously considering leaving their jobs at the present time, and this includes many who are satisfied with their jobs, organizations, pay, benefits and other aspects of work.
Shifting workforce demographics are largely driving this “happy but leaving” trend. The younger generations — X, Y (Millennials), and the incoming Z — now account for the majority share of the workforce, and these workers have decidedly different views and expectations about work compared with older colleagues.
For employers and employees alike, the challenge ahead will be two-fold:
- Redefining commitment at work: The terms and the timing.
- Transitioning to a more flexible value proposition that reflects the evolving world of work.