State of the XM Profession, 2023 - DATA SNAPSHOT Moira Dorsey, XMP XM Catalyst
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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. www.xminstitute.com Copyright © 2023 Qualtrics®. All rights reserved.
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. www.xminstitute.com 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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