Our Workforce 2020 data shows that employees across industries and regions are largely unsatisfied with their jobs, in terms of everything from compensation to leadership and development opportunities.

While satisfaction levels do vary country to country, fewer than half of employees surveyed in every region say they are happy with their job.

What is at stake for businesses that don’t do what it takes to keep their employees satisfied?

Companies are at risk of losing their best employees. And those who do stay in their current job despite their dissatisfaction are will likely not be the best workers—many workers we surveyed say higher compensation, better benefits, and more development opportunities would increase their loyalty and engagement with their current job.

To keep the top employees around and inspire other workers to be their best, executives need to make a point of listening to their wants and needs. Figuring out what matters most to workers will go a long way in building a strong culture, ramping up recruitment, and keeping everyone at the company loyal and engaged.

For more on what makes employees happy, check out our webinar on “What Matters Most at Work” on-demand.