Tag Archives: Employee Attrition

Qualtrics Receives Top Scores in Employee Experience Management Platforms Report

Qualtrics, the creator of the experience management category, today announced that it has been named a leader in Forrester’s report – The Forrester New Wave™: EX Management Platforms for Large Enterprises, Q1 2020. Qualtrics is the only Leader who received a Differentiated rating in seven of ten criteria.

“Forrester’s recognition of employee experience management platforms as an emerging category comes at a critical time when companies across industries and regions are listening more intentionally and more often to their employees to help them navigate workplace, health, and economic changes,” said Jay Choi, EVP and GM of EmployeeXM, Qualtrics.

“We’re delighted to be recognized by Forrester as a leader in Employee Experience Management as we invest aggressively to help companies transform daily listening into daily actions that unlock employee potential and improve wellbeing.”

Qualtrics EmployeeXM™ received the highest possible score for the following criteria:

● Vision
● Market approach
● Customization
● Recommendations and workflow
● Tooling and ease of use
● Validity and correlation
● Surveying methods

Forrester’s report noted that interviewed Qualtrics customers “praised [the Qualtrics EmployeeXM platform] for its flexibility, integration capabilities, text analytics, and dashboards — and [the company] for its general willingness to partner with them along the way.”

Employee experience crash: A quarter of UK workers set to quit their jobs in 2020

Almost a quarter (23%) of UK workers plan to quit their jobs in 2020, with the UK ranking second in the world for employee attrition risk. That’s according to new research from experience management company Qualtrics.

The research, which comes from Qualtrics’ annual Global Employee Experience Trends report, incorporates data from over 13,000 employees across 12 countries.

Qualtrics’ analysis found that workers in the retail sector are at the highest risk of quitting, with 26% saying they plan to leave their jobs in 2020. This was followed by employees in healthcare (20%), telecoms (20%) and travel (20%). Those working in the technology sector pose the lowest attrition risk, with only 14% planning to leave in the next 12 months.

The research identifies five factors that encourage employees to stay in their jobs long term:
1. Opportunities for learning and development
2. Confidence in senior leadership
3. Managers who support career development
4. A visible link between personal contribution and the company’s goals
5. Managers who are effective at resolving work-related issues

Commenting on these findings, Laura Harding, employee experience consultant at Qualtrics said,

“With almost a quarter of the workforce considering leaving their jobs in the next year, it is critical to focus on building engagement to reduce the risk of employees quitting. Given the investment of training new staff — and the wealth of knowledge employees take with them when they leave — this trend could become an issue for UK businesses, impacting productivity of staff and overall business performance.”

“Leaders and managers need to realise that an employee’s experience is just as important as a customer’s experience. Employee expectations are changing faster than ever, but many companies don’t even have basic feedback mechanisms in place. With the combination of experience data and increasingly advanced analysis tools, organizations should implement the right listening tools in place to connect more deeply and personally with their employees.”

To find out more, download Qualtrics’ 2020 Global Employee Experience Trends report: https://www.qualtrics.com/research-center/employee-experience-trends/