HR technology leader releases findings of second annual Workplace Empathy Monitor.
May 18, 2017
Businessolver, a leader in SaaS-based benefits administration technology, today released data that shows American workplaces severely lack empathy, even though a culture of empathy improves employee retention and productivity. The conclusions are from the 2017 Businessolver Workplace Empathy Monitor, an industry-first study of workplace empathy. Released today, the findings reveal that only 49 percent of U.S. employees rate organizations as empathetic. Further, 85 percent believe empathy is undervalued by U.S. businesses, a 5 percent increase from the 2016 data.
While empathy may be challenging to exhibit, business health depends on it, Businessolver finds. The Workplace Empathy Monitor reveals that empathy can foster retention and drive productivity: 77 percent of employees say they’d work longer hours for an empathetic employer, and 60 percent say they would take a lower salary from an empathetic employer. Empathy is particularly critical to Millennials: nearly 80 percent say they would change jobs if their current employer became less empathetic, compared to 66 percent of Baby Boomers.
These findings are just a few slices of the data from the second annual 2017 Workplace Empathy Monitor, a study of nearly 2,000 U.S. employees, HR professionals, and CEOs. The research is the first of its kind in the HR industry, a profession that employees rate as the most capable and effective at driving empathy in the workplace.
“Empathy is a guiding principle for Businessolver. We’re committed to continuing the conversation about why it’s critical in the workplace, and uncovering solutions that can help organizations make it a part of their culture,” said Jon Shanahan,…