When one thinks of employee engagement with work and of employee well-being, it is natural to think of them as positively related. It makes intuitive sense to think that the better people feel about their lives, the more likely they are to feel engaged professionally. This connection is exactly what a long-running employee survey managed by the Gallup organization has shown since the survey’s inception in 2009. In 2020, however, the survey’s latest results for the first time showed a disconnect between engagement and well-being, and this divergence may suggest a larger problem that companies need to address as the pandemic comes to a close.