How well are companies navigating workforce balance?

HCM solution provider Dayforce surveyed 8,700+ global workers to find out

It is up to employers to discern whether the following survey statistic is alarming or promising: Dayforce’s 14^th Annual Pulse of Talent found that 91% of workers reported that there are actions their employer can take to increase their productivity. According to this survey of 8,751 workers from around the globe, 81% reported experiencing symptoms of burnout.

In addition, many employees feel that their employer’s priorities are out of balance, which might account for why 69% of respondents self-reported as flight risks.

Interpreting employee experience statistics

Are these shocking statistics? In the wake of mass hybrid working shifts, conflicting priorities, and rapid change, it’s not a huge surprise to learn that workers are feeling out of balance and disconnected. While some findings from the Pulse of Talent might seem bleak, it is great news that there is significant opportunity to move the needle on worker productivity and loyalty. The question is, what steps can your specific business take to increase loyalty, motivation and productivity? The Pulse of Talent report shares several key insights to consider, including the role empathy can play in restoring trust within wary employee populations.

How human capital management technology can help

Modern human capital management (HCM) technology platforms, such as Dayforce, have features that were specifically built to help support a connected employee experience. But how much of a priority are employers placing on implementing and effectively utilizing those capabilities? While this figure was not measured, 85% of Pulse of Talent employee responders approved of their employer upgrading technology. This statistic might in part reflect the younger population’s comfort with and reliance on technology.

One way to gain insight about what changes to make in your organization is to engage the right help. At RSM, we apply a comprehensive approach to workforce transformation. Not only can we help employers perform retention, culture, and employee experience assessments and support HR business process improvement, strategy and career path development, our HCM consultants help businesses improve how their technology supports employee engagement and retention.

RSM’s Dayforce consultants begin by assessing your specific goals to design solutions that keep your organization one step ahead of the competition while empowering your people. Our experienced consultants hold Dayforce and industry certifications, delivering best practices and insights to adapt the Dayforce HCM platform to your unique environment. We not only understand your business needs, but also critical system requirements to enable your Dayforce investment to deliver on its anticipated value to your employees.

Generative AI tool adoption

Covered in more depth in the 14^th Annual Pulse of Talent is the growing awareness of and curiosity about generative AI as a work tool. The report indicates that 50% of workers surveyed believe AI can improve their productivity at work. Top reasons for exploring AI use included getting quick answers to questions, saving time on low-value tasks and general curiosity. 80% of those surveyed reported interest in their employer using AI to recommend internal development opportunities.

Gain more insight into improving the employee experience

Dayforce’s 14^th Annual Pulse of Talent explores more insights about navigating the great workforce balancing act. Providing insights around agility vs. stability, productivity vs. flexibility and efficiency vs. empathy, the report offers tips for attaining workforce balance.

Additionally, feel free to reach out to RSM’s Dayforce consultants for more information about HCM technology capability or to schedule a review of how your Dayforce system can help you reach your employee experience goals.