![]() ![]() Employees who are not engaged cost their company the equivalent of 18 percent of their annual salary. In another 2020 study, nearly 70 percent of employees reported higher stress levels, and more than half reported elevated levels of anxiety. Research also reveals a 48 percent greater likelihood that people with low engagement and wellbeing will leave their company. We’ve also learned what can happen when the boundary between work and life blurs. A December 2020 study found that 76 percent of US employees experience burnout. Companies that work to enhance wellbeing significantly outperform their peers in earnings and stock appreciation. One of those key take-aways is that employee experience is at the center of our collective success. People’s wellbeing enables their productivity, innovation, and engagement at work. Companies that prioritize employee experience are 25 percent more profitable and twice as innovative than their counterparts that don’t, according to research from the Massachusetts Institute of Technology. ![]() To thrive in this next phase of the experiment, we’ll need to apply what we’ve learned about work and life. Nearly a year into our hybrid work experiment, we are now surging ahead to a future in which even the most complex work can be done from anywhere, powered by our seamless digital connections. By Seth Patton, General Manager, Microsoft 365 Next Gen Productivity & Employee Experience ![]()
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