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SECTION 2: WAYFINDING FOR THE FUTURE OF WORK A recent study of 10,000+ workers worldwide Enhancing engagement demonstrated that those who have full Employee engagement is key to achieving control over when they work are 39% more both employee and company goals. In fact, 27 productive than those who do not . In engagement may even be more important the same study, those with flexible work than flexibility for employees. The 昀椀ndings arrangements were 57% more likely to say of Gallup’s State of the Global Workplace: their company culture had improved over 2023 Report identi昀椀ed that the impact of 28 the previous two years . Respondents said engagement on employee stress is 3.8x remote work policies were the biggest driver 31 greater than that of work location . 29 behind this cultural improvement . According to Mercer’s Global Talent Trends For companies, employee engagement 2022–2023 study, organisations that has been linked to improved 昀椀nancial experienced high growth had focused on 昀椀ne- performance. A recent Microsoft study tuning their flexibility offerings by: of stock price movements across 200 companies found that organisations with • Consulting employees about their ideal highly engaged workforces outperformed the 32 working conditions and preferred work S&P 500 after a year . locations Some of the suggested actions for improving • Giving the employees the option of employee engagement, according to the working a four-day week Microsoft study, include: • Changing their talent strategies to appeal • Establishing metrics to measure and to freelancers and other unconventional report on employee engagement talent sources • Supporting leaders to develop skills based • Adapting their workspaces to better on best practices for achieving employee support a hybrid work model with a engagement stronger focus on technologies. • Setting goals for managers to achieve 30 • Embedding flexibility into cultural norms around engagement • Sharing engagement metrics with managers so they can implement 33 solutions If you want to gain more insights into the best strategies and actions to effectively engage with employees at every stage of their journey, our People and Culture for Managers short course is an ideal starting point.