Goldman Sachs does it. Does your organization do it?
By “it” I don’t mean “making a ton of money”—although Goldman Sachs does that, too. The mega investment bank has recently retooled its approach to workforce engagement by investing resources, time, and energy into measuring and optimizing the employee experience.
Yes, one of the world’s largest financial firms—a company totally driven by the bottom line—is prioritizing worker satisfaction and well-being. In fact, Goldman Sachs leadership sees it as their “responsibility”:
“More than ever, the experience economy trickles down to work. Employee experience means everything in our ability to attract, retain, and develop talent. We also live in an increasingly connected world. Employees want to share and compare their experiences both internally with other employees and outside.
Providing employees with the best experience is critical to our success. It’s our responsibility to give people a fulfilling, high-quality experience in their workplace.”
That’s Dr. David Landman, managing director and global head of talent assessment at Goldman Sachs, talking to Forbes. Landman explains that “the balance of power is shifting from the employer to the employee.” He and his team can no longer consider employee engagement as a perk or afterthought. When employees don’t get the fulfillment they expect out of work, he says, “they go elsewhere.”