With a backdrop of unprecedented societal challenges including the pandemic, mass shootings, racial injustices, the war in Ukraine, an escalating climate crisis and more in the past year, many employees are re-evaluating what they want and expect from their employers. And executive leaders are taking note.

Employees who are not engaged or who are actively disengaged in their work cost the world $7.8 trillion in lost productivity, according to Gallup's State of the Global Workplace: 2022 Report. That's equal to 11 percent of global GDP.