State of the XM Profession, 2023 - DATA SNAPSHOT Moira Dorsey, XMP XM Catalyst

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State of the XM Profession, 2023 - DATA SNAPSHOT Moira Dorsey, XMP XM Catalyst
DATA SNAPSHOT

State of the XM Profession, 2023
Bruce Temkin, XMP, CCXP
Head of Qualtrics XM Institute

Moira Dorsey, XMP
XM Catalyst

Talia Quaadgras
Senior Research Associate

February 2023

                                                           www.xminstitute.com
                                   Copyright © 2023 Qualtrics®. All rights reserved.
Executive Summary
KEY FINDINGS IN THIS REPORT                                                                                               STUDY KEY FACTS

As part of our study of XM professionals, we asked 245 professionals about their career trajectory so far,
                                                                                                                     • 245 XM Professionals
their current role and satisfaction, and which areas are most important for them to grow their expertise.
From our analysis, we found that:                                                                                    • Sourced through the XM
                                                                                                                        Institute network
+ XM professionals are here to help. Nearly one in three XM professionals are most motivated to help
    their organization succeed, and 29% are most motivated to improve people’s lives. 23% of XM                      • Conducted in Q4 2022
    professionals most enjoy ‘helping other people use experience insights.’
+ XM pros are very satisfied.         Eighty-eight percent of respondents are satisfied with their overall
    profession. 69% are satisfied with their opportunity for career advancement. In their current roles,
    72% say they are satisfied with their current level of compensation.
+   Not all leadership teams fully appreciate the value of XM professionals. Just 38% of respondents
    feel that their organization’s leadership team strongly appreciates their value. One-quarter feels less
    than moderately appreciated.
+   XM professionals are looking to level up into leadership. Over one-quarter of respondents see
    ‘leading multi-year transformation’ as the most important area into which they want to expand their
    expertise. Few XM professionals—just 4%—consider ‘managing XM technology’ to be the most
    important potential area of their expertise.

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State of the XM Profession, 2023
STUDY OVERVIEW                                           FIGURES IN THE REPORT

The data for this report comes from an XM                1.   Respondent Organizations
professionals study that Qualtrics XM Institute          2.   XM Experience and Education
conducted in the fourth quarter of 2022. Using an        3.   Experience Across Functional Areas
online survey, XM Institute collected data from 245      4.   Roles and Responsibilities
XM professionals.
                                                         5.   Satisfaction with the XM Profession
XM     Institute  surveyed      XM     management        6.   Appreciation and Job Searching
professionals connected to our subscriber list for our   7.   Motivation and Enjoyment
monthly newsletter, through members of XM Pros           8.   Expanding Expertise
(Experience       Management          Professionals
community), and other professional networking            Methodology
sites.

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                                                                                                    Copyright © 2023 Qualtrics®. All rights reserved.
Respondent Organizations
                                                         How many employees are there       How many full-time employees are
                                                         within your overall organization? dedicated to XM in your organization?
KEY TAKEAWAYS
                                                             10,000 or more                 33%                   More than 100         5%

+ Most     respondents      are    from    larger            5,000 to 9,999         13%                               81 to 100     1%
   organizations.

+ Seventy-six percent of respondents work in                 2,000 to 4,999           17%                              61 to 80     1%
   organizations with at least 1,000 employees
   and nearly half are from organizations with                1,000 to 1,999        13%                                41 to 60       3%
   at least 5,000 employees.

+ Two-fifths    of respondents work in                            500 to 999           6%                              21 to 40         5%
   organizations with at least 6 full-time XM
   employees.                                                     250 to 499           5%                               11 to 20         6%

                                                                   100 to 249          4%                               6 to 10        20%

ABOUT
                                                                     50 to 99        3%                                   3 to 5          30%
This chart examines what size respondents’
organizations are and how many full-time employees
dedicated to XM are in their organizations.                     Less than 50           5%                                 1 or 2          28%

                                                     Base: 245 XM Professionals                                                                     www.xminstitute.com
                                                     Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey         Copyright © 2023 Qualtrics®. All rights reserved.
XM Experience and Education
                                                               How long have you                Thinking about your entire              What is the highest level
                                                                  been an XM                    professional career, what                of education that you
KEY TAKEAWAYS                                                    professional?                  portion (in terms of years)                have completed?
                                                                                                has been focused on XM?
                                                                                                                                        Post-graduate
                                                            More than 20                                                                       degree
                                                                                                                                                                 52%
                                                                                   6%            90% to 100%             8%
                                                                   years
+ 26% of respondents have 11 or more years
   of XM professional experience and nearly                                                                                      Some post-graduate
                                                           16 to 20 years          7%                                                                           8%
   27% have 3 or fewer years of XM                                                                 75% to 89%           16%                 courses
   experience.

+ Less than 50% of respondents have been                    11 to 15 years      13%                                                    Underg raduate
   XM professionals for at least half of their                                                     50% to 75%           20%        college/ university        34%
   careers.                                                                                                                                    degree
                                                             6 to 10 years        29%
+ Ninety-five percent of respondents have at                                                                                    Some underg raduate
   least an undergraduate degree.                                                                  25% to 49%           28%       college/ university          5%
                                                                                                                                            courses
                                                              4 or 5 years      17%

                                                                                                   10% to 24%           19%        High school deg ree       0%
ABOUT
                                                              2 or 3 years       19%

This chart examines how long respondents have been
working in XM, what portion of their career has been                                                                             Some schooling, but
XM-focused, and the highest level of education they      Less than 1 year          8%           Less than 10%             9%    did not graduate high        0%
have achieved.                                                                                                                                school

                                                       Base: 245 XM Professionals                                                                      www.xminstitute.com
                                                       Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey          Copyright © 2023 Qualtrics®. All rights reserved.
Experience Across Functional Areas
                                                                 Thinking about your entire professional career, which of the following
                                                                     functional areas have you worked in for at least one full year?
KEY TAKEAWAYS                                                                                             (Select all that apply)

                                                                              Marketing/PR                                       46%
                                                                                  Operations                                41%
                                                                          Customer service                                  40%

+ XM Professionals have a variety of different                                       Strategy                              37%
   professional backgrounds.                                            Customer success                           26%

+ More    than 40% have spent time in                                                   Sales                  22%
   marketing/PR, operations, and customer                      Learning and development                      18%
   service.
                                                                    Product management                      17%
                                                                                             IT             17%
                                                                     Product development                  15%
                                                                                           HR            13%
                                                                                      Finance        7%
ABOUT
                                                                                 Engineering       4%
This chart examines what functional areas respondents
have worked in for at least one full year previously in                                  Legal        2%
their careers.
                                                                         None of the above         5%

                                                          Base: 245 XM Professionals                                                                        www.xminstitute.com
                                                          Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey            Copyright © 2023 Qualtrics®. All rights reserved.
Roles and Responsibilities
                                                             Which of the following best describes your PRIMARY responsibility?

KEY TAKEAWAYS
                                                           Executive in charge of an XM program
                                                                                                             8%
                                                                    that spans CX, EX, PX, or BX

+ More     than 60% of respondents lead a                Handle market research efforts focused
   significant portion of their XM programs.               on customers, employees, brands, or                 11%
                                                                                       products
+ 20%    of respondents are executives. 8%
   oversee an XM program that spans one or
   more experience areas, while 12% oversee a              Executive in charge of a CX, EX, PX, or
   CX, EX, PX, or BX program.                                                                                  12%
                                                                                     BX program

                                                        Manage ongoing programs such as voice
                                                                                                                       22%
                                                        of the customer or voice of the employee

ABOUT
This chart examines what roles and responsibilities         Lead a significant portion of a CX, EX,
respondents hold.                                                                                                                      43%
                                                                               PX, or BX program

                                                      Base: 245 XM Professionals                                                                     www.xminstitute.com
                                                      Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey         Copyright © 2023 Qualtrics®. All rights reserved.
Satisfaction with the XM Profession
                                                                          How satisfied are you with being an XM professional?

KEY TAKEAWAYS                                                                          Extremely satisfied                       44%

                                                                                      Somewhat satisfied                         45%

+ Eighty-eight   percent of respondents are
                                                                       Neither satisfied nor dissatisfied                 6%
   satisfied with the XM profession, while only                                    Somewhat dissatisfied              4%
   6% are dissatisfied.
                                                                                   Extremely dissatisfied           2%
+ Seventy-two    percent of respondents are
   satisfied with their level of compensation,                                                                          How satisfied are you with your
                                                              How satisfied are you with your
   while only 15% are dissatisfied.
                                                              current level of compensation?                          opportunity for career advancement
+ Sixty-nine     percent of respondents are                                                                                 as an XM professional?
   satisfied with their opportunity for career                    Extremely satisfied                                       Extremely satisfied
                                                                                             17%                                                        23%
   advancement, while only 13% are
   dissatisfied.
                                                                 Somewhat satisfied                  55%                    Somewhat satisfied                 46%

                                                                Neither satisfied nor                                      Neither satisfied nor
                                                                                                   12%                                                 18%
                                                                         dissatisfied                                               dissatisfied
ABOUT
                                                             Somewhat dissatisfied                 14%                Somewhat dissatisfied                 10%
This chart examines how satisfied respondents are with
their profession, with their current level of
compensation, and their opportunity for advancement           Extremely dissatisfied          1%                          Extremely dissatisfied        3%
as an XM professional.

                                                         Base: 245 XM Professionals                                                                         www.xminstitute.com
                                                         Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey             Copyright © 2023 Qualtrics®. All rights reserved.
Appreciation and Job Searching
                                                           To what degree do you feel that your                                How likely are you to look for
                                                           organization's senior leadership team                                 a new XM job outside of
KEY TAKEAWAYS                                                    appreciates the value of                                       your company within the
                                                                XM professionals like you?                                           next six months?

                                                                       Very strongly
                                                                                                5%                          Extremely likely         14%
                                                                         appreciate
+ Nearly two in five respondents feel strongly
   or very strongly appreciated by their senior
   leadership team, while one quarter feels
   less than moderately appreciated.                            Strongly appreciate                 33%                     Somewhat likely              21%

+ Thirty-five percent of respondents are likely
   to look for a new job within six months,
                                                                          Moderately                                       Neither likely nor
   while 38% are not likely to look for a job.                                                       37%                                              16%
                                                                          appreciate                                                 unlikely

                                                                 Slightly appreciate           19%                        Somewhat unlikely              21%

ABOUT
This chart examines the percentage of respondents
that feel appreciated by their senior leadership team             Do not appreciate        6%                             Extremely unlikely           17%
and the percentage likely to look for a new job in the
same profession in the next six months.

                                                         Base: 245 XM Professionals                                                                        www.xminstitute.com
                                                         Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey            Copyright © 2023 Qualtrics®. All rights reserved.
Motivation and Enjoyment
                                                          Thinking about the current moment                              Which of the following do you most
                                                               in your career, which of the                                  enjoy about being an XM
KEY TAKEAWAYS                                             following motivates you the MOST?                                        professional?

                                                                    Helping your                                           Helping other people
                                                                                                32%                                                           23%
                                                            organization succeed                                         use experience insights

+ Respondents are most motivated by helping                    Improving people's
                                                                                                                          Driving change across
                                                                                                                               your organization
                                                                                                                                                             21%
   their organization succeed and improving                                                    29%
                                                                            lives
   people’s lives.                                                                                                          Making your overall
                                                                                                                             organization more            15%
+ Respondents    most enjoy helping other                        Expanding your
                                                             knowledge and skills
                                                                                             21%                                      effective
   people use experience insights and drive
                                                                                                                              Creating new and
   change across their organizations.                                                                                                                    13%
                                                                                                                         innovative experiences
                                                           Building your personal
                                                                                               7%
                                                                           brand
                                                                                                                            Doing research and
                                                                                                                                                         12%
                                                                                                                                analyzing data
                                                                    Increasing your
                                                                                              5%
                                                                     compensation                                               Improving your
                                                                                                                                                        6%
                                                                                                                          organization's culture
                                                                   Taking on more                                              Operating across
ABOUT                                                                                        4%
                                                                   responsibilities                                          different functional       6%
This chart examines what respondents are currently                                                                                         areas
motivated by, and what they enjoy most about being an
XM professional.                                                 Getting promoted           3%                               Implementing and
                                                                                                                                                          2%
                                                                                                                         using XM technologies

                                                        Base: 245 XM Professionals                                                                        www.xminstitute.com
                                                        Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey            Copyright © 2023 Qualtrics®. All rights reserved.
Expanding Expertise
                                                           As you think about the next few years of your career, which of the following
                                                            is the MOST IMPORTANT area for you to expand your personal expertise?
KEY TAKEAWAYS
                                                          Leading multi-year transformation (includes
                                                                                                                                      26%
                                                                strategy, governance, and roadmaps)
                                                         Responding to insights with action ( includes
+ Over one-quarter of respondents said they                 closed loop and continuous improvement                              17%
   need to expand their expertise in leading                                               processes)
   multi-year transformation, followed by 17%              Enlightening the organization with insights
   needing to improve their knowledge around               (including research, analysis, and insights                      16%
   responding to actions with insights.                                                  distribution)

+ XM professionals are least likely to say that             Realizing value from XM (includes tracking
                                                                      metrics and value management)
                                                                                                                          12%
   they need to expand their personal
   expertise in managing XM technology over                   Developing an experience-centric culture
   the next few years of their careers.                     (includes culture assessments and culture                     10%
                                                                                                change)
                                                                 Activating the organization for change
                                                                (includes internal communications and                 7%
                                                                                               training)
                                                                  Disrupting the status quo with design
ABOUT
                                                          (includes experience design and experience                  7%
This chart examines the significant components of                                          integration)
respondents’ current roles and which area they believe
is most important to expand their expertise in.                     Managing XM technology (includes
                                                                                                                    4%
                                                               deployment and usage of XM platforms)

                                                         Base: 245 XM Professionals                                                                       www.xminstitute.com
                                                         Source: Qualtrics XM Institute Q4 2022 XM Professionals Survey           Copyright © 2023 Qualtrics®. All rights reserved.
Methodology
DATA CALCULATION
All question calculations were conducted by dividing the number of respondents that selected each option by the total number of respondents for that
question.

AUTHORS                                                                       PUBLICATION DATE
Bruce Temkin, CCXP, XMP – Head of Qualtrics XM Institute                      February 2023
Moira Dorsey, XMP – Principal XM Catalyst
Talia Quaadgras – Senior Research Associate
                                                                                                                                        www.xminstitute.com
                                                                                                                Copyright © 2023 Qualtrics®. All rights reserved.
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