Prospective employees are looking at more than their paycheques, according to a recent Edelman Trust barometer report. Over 75% of those surveyed in the US, China, the UK, Brazil, India, Germany, and Japan say they have higher expectations for a prospective employer than three years ago, while 61% say they evaluate an employer based on where it stands on social issues and allowing employees to freely express political beliefs.
Most people globally (76%) say they feel more empowered now to take action within their organisation, either by working within the system or taking issues public via whistleblowing, strikes or leaks.
These shifts have commanded employers' attention. Considering the pandemic, many now say their workers — not customers or clients — are their most important stakeholders.
Most employers surveyed (60%) say their employees have more power and leverage now than they had before the pandemic. As a result, more companies are taking public positions on social issues, including climate change and racial equality.
Several pandemic-driven changes, like remote work, economic instability, and changing social habits, have caused anxiety and exhaustion among employees, pushing them to find more meaning in their work.
Most employees say they are working more, but many (42%) say their employer is not taking the issue of employee burnout seriously and actively taking steps to prevent it. As a result, job turnover is at an all-time high, with 1 in five people saying they either quit their jobs within the last six months or plan to quit within the next six months.
While there are challenges that come with meeting new worker expectations, the survey finds that there's upside for employers that embrace this new reality. Employees who are driven by beliefs say they are much more likely to stay at an organization long-term that shares their values.
Information sourced from Axios