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Balance Employee Experience and Business Growth in 2024

This SAP Concur blog cites surveys showing employee happiness declined 10 times faster in 2023 than the prior three years, and dissatisfaction could cost a median-size company $228-$355 million annually in productivity. It advises not sacrificing growth opportunities, valuing purpose, and leveraging technology for efficiency.

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Impact and considerations

Provides data insights for balancing employee experience and growth, reducing productivity losses and enhancing competitiveness.

Key points

  • Employee happiness declined 10 times faster in 2023 than the prior three years.
  • Dissatisfaction could cost a median-size company $228-$355 million annually in productivity.
  • 92% of business travelers said their career future depended on successful business travel.
  • 57% of finance managers say their company is investing heavily in growth.
  • Generative AI can improve employee performance by up to 40%.

Sources and time

Primary source
SAP Concur
Other sources
0
First source publication
29 Mar 2024, 20:24
Page published
14 Aug 2026, 08:15
Last updated
29 Mar 2024, 20:24
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