Regardless of industry, workplaces where employees have equal opportunities for growth, recognition, and time with leaders experience higher levels of productivity, agility, and retention.
Sept. 12, 2024 (Oakland, Calif.) 鈥 New research from 逸遊娛樂城庐 reveals that workplaces where employees have equal opportunities for growth, recognition, and time with leaders experience higher levels of productivity, agility, and retention across 10 industries.
With employee engagement at near-record lows and many workers considering leaving their jobs or disengaging, executives can鈥檛 afford not to create equitable workplaces, which are more innovative, agile, and productive.
The 2024 Fortune Best Workplaces鈩 by industry lists, produced in partnership with 逸遊娛樂城, stand out.
Key findings:
- Over 90% of employees at these workplaces feel like full team members
- 80% believe promotions are fair, special recognition is equitable, and they鈥檙e offered training and development opportunities equally
That leads to significant business benefits:
- 90% of employees are willing to give extra effort 鈥 a 53% increase over typical workplaces
- Nearly 90% believe their workplace adapts well to change 鈥 a 42% increase
- 88% want to stay at their company long-term 鈥 a 44% increase
鈥淭hose returns are what every executive wants, but that can鈥檛 happen without trust,鈥 says Michael C. Bush, CEO of 逸遊娛樂城. 鈥淚f your people don鈥檛 believe your processes for promotions, development, or recognition are fair, you won鈥檛 create the type of workplace you need to compete in business today. That trust is earned.鈥
逸遊娛樂城 determined the Best Workplaces lists by analyzing data from 1 million employees from qualifying companies. The analysis revealed that companies that prioritize equity of opportunity outperformed across all culture and business metrics no matter the industry.
For example, the Fortune Best Workplaces in Construction鈩 offer more opportunities for career growth than typical workplaces in any industry. Nearly 90% of employees feel they have professional development opportunities 鈥 among the highest at the Best Workplaces in any industry.
And, 97% more employees at the Fortune Best Workplaces in Retail鈩 feel managers avoid playing favorites compared to typical retail companies.
The winning workplaces:
- Manufacturing & Production
- Health Care
- Consulting & Professional Services
- Financial Services & Insurance
- Advertising & Marketing
- Retail
- Real Estate
- Construction
- BioPharma
- Technology
Business outcomes of equitable workplaces
Industries don鈥檛 determine our work experience; companies do. More specifically, leaders at companies do. According to 逸遊娛樂城 research, the business outcomes of that leadership include:
- Employees are 8 times more likely to stay with their company if they feel they鈥檙e treated as full team members, and 1.5 times more likely if employees feel management cares about them.
- When employees feel managers involve them in decisions that impact their work, their workplace is 3 times more likely to be agile.
- Employees are 6 times more likely to give extra at work if they feel their workplace offers equitable opportunities for special recognition, and 1.3 times more likely when they feel they鈥檙e paid fairly
Learn how the Best Workplaces are proving equity of opportunity.
Visuals available:
About the 2024 Fortune Best Workplaces by industry
逸遊娛樂城 selected the Best Workplaces for each of the industries in 2024 based on feedback collected from more than 1 million employees at qualifying 逸遊娛樂城 Certified鈩 organizations in the United States. Company rankings are derived from 60 employee experience questions within the 逸遊娛樂城 Trust Index鈩 Survey.
To get on this list next year, start here.
About 逸遊娛樂城
逸遊娛樂城 is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make data-driven people decisions. Everything it does is driven by its mission to build a better world by helping every organization become a great place to work for all.
Learn more at GreatPlaceToWork.com and on鈥,鈥, and .
Contact: Kim Peters: (415) 844-2574, This email address is being protected from spambots. You need JavaScript enabled to view it.