Benefits of Employee Engagement
Benefits
of Employee Engagement
Introduction
Employee
engagement has become a focal point in today’s workforce because companies are
finally beginning to grasp that in order to keep your customers happy, you need
to have happy, engaged employees.
Engaged,
motivated workers have higher employee satisfaction, which leads to enthusiasm
in their role and overall company growth in the form of higher retention and
lower turnover; higher productivity; increased profitability; less absenteeism,
and increased employee loyalty.
1.
Higher Employee Satisfaction
Employee
satisfaction is key in any company, and when employees are not satisfied with
their job, they lack enthusiasm about the day to day of their role and the
growth of their companies at large.
2.
Higher Retention and Lower Turnover
The
hiring and on-boarding process for new employees is very expensive and
time-consuming.
Another
benefit of investing in employee engagement is that it will help you retain
your top employees and decrease your turnover rates by ensuring that your team
is happy.
3.
Higher Productivity
Engaged
employees work faster, harder and stronger because they like what they do. It’s
a no-brainer; when you’re interested in and connected to what you’re doing, you
are more likely to do it well.
4.
Increased Profitability
Of
course, when your employees feel good at work, they work harder, and when they
work harder they produce more quality work which in the end points to a happy
customer. Happy customers keep coming back and they refer other people to your
company.
It’s
such a simple way to increase your company’s profitability but so many
organizations keep looking outward instead of turning inward. Without a solid
foundation, no company can thrive and the best way to ensure this sturdy base
is to have an engaged team.
5.
Less Absenteeism
Engaged
employees show up to work and once there, they get more work done. Highly
engaged businesses in the USA have realized 41% reduction in absenteeism
The
issue with disengaged employees is that they don’t feel a sense of
responsibility to the company they work for, so they don’t have a problem not
showing up.
6.
Increased Employee Loyalty
A
huge benefit of having engaged employees is that they are loyal to your company
and therefore act as company ambassadors.
They
want to improve, so offering them frequent feedback on their work, and that
includes constructive criticism, is greatly appreciated and will keep them
working towards the achievement of their goals.
Vedio: Benifits of Employee Engagement
Source :https://www.youtube.com/watch?v=rAO4o4mm5CU
Conclusion
Nurturing
employee engagement is vital to the long-term success of your organization. You
should start with identifying what the issues are and then devise effective
remedies. Whether you’re implementing a new learning & development
initiative, a rewards and recognition program, or another employee engagement
solution, make sure you understand the objectives, purpose, priorities, and the
desired outcome of the program and how it advances your organization’s goals.
References:
Kappel, M.(2018) Kappel Mike.How To Establish A Culture Of Employee Engagement.[online] https://www.forbes.com/sites/mikekappel/2018/01/04/how-to-establish-a-culture-of-employee-engagement/#5d8e603c8dc4 {Accessed 04 December 2021}
Kruse,K.(2012).What Is Employee Engagement.(online) https://www.forbes.com/sites/kevinkruse/2012/06/22/employee-engagement-what-and-why/#3b8acbd47f37 {Accessed 04 December 2021}
Harter, James K.; Schmidt, Frank L.; Hayes,
Theodore L. (2002). Business-unit-level relationship between employee
satisfaction, employee engagement, and business outcomes: A meta-analysis.
Journal of Applied Psychology. Vol 87(2), Apr 2002, 268-279
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ReplyDeleteEmployee engagement is critical - it has been shown to reduce worker turnover, enhance productivity and efficiency, improve customer service and retention, and provide higher profitability. Finally, having an engaged workforce makes a firm easier to run and allows leaders to focus on higher-value tasks such as innovation, process improvement, and development. This is why, in a nutshell, employee engagement is critical to company outcomes and success (Engagement Multiplier, 2018)
ReplyDeleteAlso research shows there is a direct correlation between engaged employees and the satisfaction of your customer and ultimately achieving your business outcomes. In other words, employee engagement drives customer satisfaction. Richard Branson says, “Take care of your employees and they will take care of your customers”
ReplyDelete“Engaged employees have a positive attitude and have work-related state of mind characterized by vigor, dedication, and absorption and these make the employees psychologically present at work, which minimizes their possibility to do work related mistakes and errors” (Kerstin, et al., 2013).
ReplyDeleteOne-way Employee engagement means kind of an emotional attachment employees have with their organization. According to a dictionary, it is the “emotional connection an employee feels towards his or her organization, which tends to influence his or her behaviors and level of effort in work-related activities.” Thanks for sharing benefits of it.
ReplyDeleteEmployee engagement is considered to be the miracle solution for most workplace challenges. High engagement rates offer miraculous effects that benefit the organization significantly (Powell, 2021).
ReplyDeleteThere are many benefits of employee engagement surveys, which is why company decision-makers, such as HR personnel and team leads, should consider making it a standard practice.
Highly engaged employees are more efficient, and produce higher-quality work. Why? Because they’re personally invested in their job, and their performance matters to them.
ReplyDeleteHappy employees always deliver service more than expected.
ReplyDeleteYou have clearly explained many advantages. Nice article
Rewardgateway.com published their article related to covid effect of this topic said"An engaged workforce can support rapid recovery and innovation for business,even as employees adapt to new remote,flexible and socially distanced work place".So praising your employees and keep them engaged,the feeling that being trusted release Oxytocin in the body and make employees more energetic,creative and reliable.
ReplyDelete