The World of Work Trends Report 2023 by Top Employers Institute, analyzes the latest trends in people strategies and practices from leading organizations globally. The report examined data from 2,053 Certified Top Employers to give a broader insight into how global developments will impact workforces in the year ahead. Here is what they found:
Top 3 People Priorities for Certified Top Employers
- Create a high-performance culture.
- Develop new leadership capabilities.
- Align purpose, vision, and values.
Top 3 Trends Shaping Global People Practices:
- Unprecedented level of personalization in the everyday employee experience.
Only those businesses that can go the extra mile in providing a genuine and heartfelt commitment to their people in this way will generate the emotional reaction necessary to enable a high-performance culture. - Leaders will actively listen for the “heartbeat” in their organization
Current leaders, and the next generation of leaders they nurture, will need to place a more committed listening strategy front and center, to win the emotional commitment of their teams in preparation for disruptive challenges. - Positive Impact – the new “North Star” for better decisions.
A clear commitment to “positive impact” will be the new North Star for everything that enlightened businesses do in 2023. Positive impact among our Top Employer organizations can be defined and achieved in three ways: 1. A lived purpose that comes straight from the heart of employees. 2. Diversity and Inclusion 3. Sustainability
According to the survey, 2023 will be all about these three trends. They will show a powerful human shift towards respecting individuality and valuing difference. It is vital that we attend to these needs because old management models are no longer useful. The best companies listen – truly listen – to their employees, invest in the individual experience, and create a shared purpose that gives meaning to the everyday employee experience. For organizations that achieve this, the future, despite the uncertainty we see all around us, will be very bright.
Source: The World of Work Trends Report 2023 by Top Employers Institute