The commute is an everyone-problem. Metros grapple with laggard infrastructure and clogged roadways. Employees’ financial and emotional well-being takes a hit. Employers struggle with employee turnover and explosive real estate costs. Something’s got to give.
A 2017 national survey by Kronos Incorporated and Future Workplace® found that 95% of HR leaders say burnout is “sabotaging employee retention” and accounts for as much as 20% to 50% of annual employee turnover.
With so many people driving alone, then working alone, they’re moving from one isolating experience to another, starving themselves of meaningful human connections—something we all need to sustain healthy wellbeing. But this doesn’t happen overnight.
While many companies offer some form of commuter benefit, carpooling hardly makes the cut. When it does, it’s not to improve productivity, job satisfaction, or employee happiness—although, those are the reasons why they should.
Employees without close work friends have a 1 in 12 chance of being engaged. Conversely, people with work friends are seven times more likely to produce greater quality work and are more productive and engaged.
People with longer commutes are 33% more likely to suffer from depression and 37% more likely to have financial concerns. Not only that, 55% of commuters report increased stress levels due to their daily commute.
Today, we are going to recap the top three insights from Deloitte’s 2019 Human Capital Trends survey in an effort to support your ongoing strategies in building a holistic human capital strategy for your organization.
For years, many executives were wary about corporate sustainability programs for fear that the cost would outweigh the benefits. However, emerging research shows that the opposite is true: sustainability programs result in undeniable business benefits.