SAN FRANCISCO, Oct. 19, 2020 /PRNewswire-PRWeb/ -- 15Five, a
leading people and performance platform, released the 15Five 2020
Workplace Report, an annual report of the latest workplace trends.
The report found three main issues: managers believe they are much
better at managing than direct reports do, managers don't have the
right tools, and managers have found it more difficult to perform
their job effectively during the pandemic. When not addressed,
these issues negatively impact organizations.
"Today, there's a significant gap between what leaders believe
motivates their people and what people actually need to stay
motivated," said Shane Metcalf,
Chief Culture Officer of 15Five.
The report's insights include:
- 63% of managers are finding it more difficult than usual to
perform their job effectively during the pandemic; this feeling
increases with responsibility.
- Only 47% of employees feel their one-on-ones are helpful,
compared to 74% of managers.
- Those with monthly or less frequent one-on-ones are 1.4 times
more likely to say they are currently looking for a new job than as
those with at least weekly one-on-ones.
- Direct reports who have one-on-ones at least weekly exhibit
more of a growth mindset than those who have less frequent
interactions with their managers and are more likely to be
constantly striving for personal growth (86% vs. 78%).
"To remain successful, managers must build strong relationships
with their direct reports, as that's actually what can drive
engagement, performance, and retention," said Metcalf. "It's up to
the organization to invest in their managers and provide the right
tools for teams to succeed. 15Five's holistic solution instills the
day-to-day habits that ultimately create highly-engaged and
high-performing organizations."
The report is based on 750 full-time U.S. managers and 750
full-time U.S. independent contributors. Overall, the report shows
that many managers don't have the tools and habits needed to lead
their teams to success. What managers really need to drive
immediate results is a structure for building strong relationships
with their direct reports. View the entire report here.
About 15Five
15Five is a leading people and performance platform that instantly
upgrades each and every manager. Combining employee engagement,
continuous performance management, and manager effectiveness
software with education, services, and community, 15Five provides a
holistic solution to create highly engaged and high-performing
organizations. With features that include the Check-In, Objectives
(OKR) tracking, recognition, 1-on-1s, the Best-Self Review®, and
engagement surveys, our evidence-based solution deepens the
connection between employees, managers, and peers by empowering
transparency, meaningful conversations, and effective feedback.
Over 2,200 forward-thinking companies use 15Five to bring out the
best in their people, including Capital One, Credit Karma,
WPEngine, and HubSpot.
SOURCE 15Five