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A new report from insurance company Arthur J. Gallagher & Co. gives statistical insights into the increasingly revered topic of career wellbeing. According to the study, more than a third of employers place more importance on career wellbeing in 2024 than they did last year.
Employers' interest in career wellbeing is quite straightforward: Career development is now understood to be a leading driver of engagement and retention. Currently, about 60% of employers either agree or strongly agree that their employees are highly engaged, which represents a 3% rise over the last three years. Employer interest in engagement has unsurprisingly correlated with their use of surveys on the topic. In the past year, 58% of employers used surveys to figure out workforce engagement, a 7% rise of the previous year.
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