Can Investing in Employee Experience Actually Save You Money?
The article explores how investing in employee experience can save costs. U.S. Bureau of Labor Statistics data shows over 3 million people quitting monthly since April 2021, making employee experience crucial for retention. A 2019 Gartner survey found employees happy with their experience are 69% more likely to be high performers. Automating spend management boosts efficiency, as seen in the Simons Foundation case.
Impact and considerations
Employee experience impacts retention and productivity; automating spend management improves efficiency and saves costs, with implications for travel and expense management.
Key points
- Over 3 million people have been quitting jobs monthly in the U.S. since April 2021
- Happy employees are 69% more likely to be high performers
- Automating spend management improves efficiency, as seen at Simons Foundation
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