Can Investing in Employee Experience Actually Save You Money?
A SAP Concur blog post discusses the value of employee experience amid the Great Resignation. It cites U.S. Bureau of Labor Statistics data that upwards of 3 million people have been quitting their jobs every month since April 2021, with the highest quit rates among mid-career employees and in the health care and tech industries according to Harvard Business Review. It cites a 2019 Gartner employee survey showing employees happy with their experience at work are 69% more likely to be high performers. It also notes a Work Trend Index survey finding 70% of employees want to continue working remotely, 65% want more in-person time with co-workers, and 66% of decision-makers plan to support hybr…
Impact and considerations
Employee experience is closely linked to retention, productivity and cost control. Automating spend management can reduce low-value tasks and help companies retain talent in a competitive hiring market.
Key points
- U.S. Bureau of Labor Statistics data shows upwards of 3 million people have been quitting their jobs every month since April 2021.
- Harvard Business Review says the highest quit rates are among mid-career employees and in the health care and tech industries.
- A 2019 Gartner employee survey shows employees happy with their experience at work are 69% more likely to be high performers.
- A Work Trend Index survey finds 70% of employees want to continue working remotely, 65% want more in-person time with co-workers, and 66% of decision-makers plan to support hybrid work.
- The post suggests automating finance processes to reduce time spent on manual expense reports and data entry.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 14 Aug 2026, 08:36
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Can Investing in Employee Experience Actually Save You Money? (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47