Today's workforce is walking a tightrope, trying to balance their professional responsibilities while also experiencing burnout.
According to Dayforce's 14th Annual Pulse of Talent report, only 42% of surveyed workers believe their company truly understands their burnout levels, signaling a gap in understanding and support. This disconnect highlights businesses' need to adapt and prioritize employee well-being.
Impacts of a changing workplace
The modern workplace is undergoing continuous change. While necessary, organizational changes, from restructuring to new technologies, can also introduce uncertainty and stress among employees. The mounting pressure to adapt to organizational changes can affect employees' mental health, increasing stress levels and amplifying turnover risk. Organizations face the challenge of retaining their top talent without adequate support mechanisms.
Additionally, a lack of empathy from leadership can exacerbate the feeling of burnout. When individuals feel undervalued or unheard, their motivation dwindles, decreasing productivity and performance. Also, cost-cutting measures involving eliminating employee benefits can have unintended consequences on team dynamics and efficiency.
Key takeaways
Understanding employee challenges empowers businesses to develop programs and communication that improve well-being, boosting morale, productivity, and reducing turnover.
Top recommendations from Dayforce’s Pulse of Talent report
How BDO can help
As a leading partner of Dayforce, BDO is uniquely positioned to assist you in retaining top talent in today's dynamic market. We provide unparalleled access to the most experienced Dayforce strategists and implementation consultants. With our deep understanding of human resources best practices and cutting-edge technology, our team offers a comprehensive approach, guiding you from people strategy to people technology. Arrange a consultation with our team today and discover our transformative impact on your company's talent retention strategy.