isolved, a trusted human capital management (HCM) partner, has released its 2024-2025 “Voice of the Workforce” report, highlighting critical challenges facing today’s workforce. The survey, which includes over 1,000 full-time U.S. employees, exposes alarming trends related to burnout, job mobility, and benefits dissatisfaction that organizations must address to retain talent.
Key Insights from the Report
- Burnout is Widespread
- A staggering 79% of employees have experienced burnout in the past year.
- Burnout is significantly affecting engagement, with 53% reporting reduced engagement and 36% noting a direct impact on productivity.
- Millennials and Gen Z workers are 10% more likely to report burnout compared to Baby Boomers, highlighting a generational disparity.
- Engagement vs. Burnout
- Despite 92% of employees expressing commitment to their jobs and company mission, many are still struggling with burnout, which undermines their performance and morale.
- Rising Job Mobility
- 72% of employees are restless and considering changing jobs in the next year, an increase of nearly 14 percentage points from 2023.
- Notably, 90% of recent job changers are already looking for their next opportunity.
- The Quest for Better Benefits
- 24% of employees are leaving their jobs for better benefits, pointing to a shortfall in employer-provided benefits.
- Only 43% have health insurance through their employer, and just 35% have access to paid time off (PTO).
- Demand for Flexibility
- Half of the workforce prioritizes flexible work arrangements, with hybrid and remote setups becoming increasingly important.
- 1 in 10 employees are actively seeking new jobs due to a lack of flexibility.
- Concerns About Job Security
- 58% of employees express worry about potential layoffs, emphasizing the need for career development opportunities at all levels.
- Although 88% feel valued, employees are seeking more support for career growth and stability.
- Payroll Challenges
- 60% of employees have experienced payroll errors, often due to outdated systems or disjointed processes.
- Frustration from payroll issues has led 37% to consider seeking new job opportunities.
- Mixed Views on AI
- While 69% of employees report using AI for routine tasks, 37% worry about AI’s potential impact on their job security, reflecting a dual perspective on technology’s role in the workplace.
The isolved report underscores the urgent need for organizations to address burnout, enhance benefits offerings, and provide flexible work arrangements to retain talent. By understanding the evolving landscape of employee expectations, businesses can cultivate a more engaged and resilient workforce prepared for the future.
