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ADPRI released ‘Today at Work’ a new quarterly report series
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The report uses proprietary data to provide a comprehensive view of the global workforce.
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The research includes data from 25 million U.S. workers in 29 countries to show a global perspective on workforce dynamics.
The ADP Research Institute (ADPRI) has released a new data-driven resource, 'Today at Work,' providing insights into the business impact of promotions and introducing a real-time measure of worker motivation and commitment. This comprehensive analysis leverages ADP's extensive dataset and surveys spanning nearly a decade to offer valuable perspectives on the world of work.
ADP Chief Economist and Head of the ADP Research Institute, Dr. Nela Richardson, remarked
With so much data at our fingertips, we have the opportunity to tell the full story of the workforce with an eye toward its continued evolution and change.
[Source: Cision PR Newswire]
She further supported the statement with an example that decision-makers and economists have traditionally focused on productivity as a critical metric, but assessing the factors that influence productivity has proven to be a challenging endeavor. In the report, she said they are able to interlink motivation, commitment and productivity. Understanding the intricate relationship between promotions, employee motivation, and commitment is crucial for organizations aiming to retain and engage their workforce effectively. By uncovering these dynamics, businesses can develop strategies to support career advancement while mitigating the risk of employee turnover.
The ADP Research Institute's insights are derived from its extensive dataset, representing over 25 million U.S. workers, and surveys conducted in 29 countries, providing a global perspective on workforce dynamics.
The report provides a multifaceted view of workforce-related topics, including the impact of promotions on employee retention and the development of the EMC Index as a tool to measure worker motivation and commitment. It emphasizes the importance of understanding these aspects to enhance productivity and informs decision-makers about the business outcomes.
The report delves into the significance of promotions, highlighting their impact on businesses under specific conditions. ADPRI conducted a thorough analysis of job histories for over 1.2 million U.S. workers between 2019 and 2022 to uncover a relationship between promotions and employee turnover. It revealed that, within a month of their first promotion, 29 percent of individuals left their employer, compared to 18 percent who would have left without the promotion. The report also explores various factors influencing promotion impacts, such as job requirements and industry.
Additionally, the report introduces the Employee Motivation and Commitment (EMC) Index, a tool designed to gauge worker allegiance. The EMC Index, built on a decade of surveys involving over 490,000 workers across 29 countries, offers real-time insights into employee motivation and commitment. The report underlines the connection between worker motivation commitment and productivity, emphasizing the importance of understanding and boosting these factors. The EMC Index also revealed a correlation between employee motivation, commitment and output. Those with a high level of productivity are 2.6 times more likely to respond to inquiries regarding their motivation and work positively.
The ‘Today at Work’ series of reports offers a unique blend of data and surveys, delivering actionable insights to decision-makers in areas where data has traditionally been limited. The focus on employee motivation, commitment, and the impact of promotions provides valuable guidance for businesses looking to optimize their workforce strategies.