Employee engagement continues to be a hot topic, a high priority and a problem for HR and business leaders around the world. But employee engagement isn't a work problem. It's a life problem. When employees are disengaged the work influences are strong. Here are five articles to help you think about how (and why) to engage your people.
5 Ways To Boost Employee Engagement from Forbes
Besides talent attraction and retention, employee engagement has become a major challenge for businesses. It is essential for ensuring competitiveness and growth. Research reveals that employee engagement has a positive impact on performance and is key to competitive advantage.
Employee disengagement, however, has the opposite effect. Revealed through tardiness, absenteeism and general lack of enthusiasm, it results in lost productivity, higher turnover and disproportionately high business costs. In fact, 11 billion USD are lost annually due to employee turnover.
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Here’s the latest on workplace trends, hiring and culture. Kick-off the last week of Summer with this mashup. Enjoy!
1) 17 Proven Morale Boosters That Won’t Break The Bank from SnackNation
“Believe it or not, some companies are still skeptical about the value of morale boosters. Sure, morale is nice to have, their argument goes, but it’s not critical to our business, and therefore not something I need to focus on. Right? Well, Doubty McDoubterson, you couldn’t be more wrong. The benefits of high employee morale in your company can be summed up in one word: performance…”
Earlier this week, we shared an interview with Lily Cua from Aspire about providing employees meaningful company perks. This is all part of a larger effort to improve the work experience, and thus hopefully give employees the warm and fuzzy feeling that makes them want to stick around (there's more to employee retention, but this is part of it). To continue along with this theme, this week's Talent and HR News Weekly Update features some recent news pieces focused on making sure employees are happy (you may have seen one about a few (very) big tech firms providing a certain benefit to boost female retention...) Enjoy!
1) Kip Tindell: How He Created An Employee-First Culture At The Container Store from Forbes
"I spoke to Kip Tindell, who is currently the Chairman & CEO of The Container Store. He was presented with Ernst & Young’s prestigious Entrepreneur of the Year award in 1991 and is a recipient of the National Retail Federation’s 1998 Innovator of the Year Award. In 2006, along with wife Sharon Tindell (Chief Merchandising Officer) and Garrett Boone (Chairman Emeritus), Tindell was inducted into the Retailing Hall of Fame and he is a 2009 Junior Achievement of Dallas Business Hall of Fame inductee."
Summer is usually a time when people are generally happy. The weather is warm, the sun is out longer, and vacations are plentiful. These are all things that boost a person's mood. What if your employer could contribute to a person's happiness too? Here are some excellent articles focusing on employee happiness.
And speaking of vacations, happy 4th of July to our American friends and clients!
1. 6 Tips For Keeping Your Employees Happy from Careerealism
"Managing an office and keeping employees happy is no small task. The truth is, sometimes no matter what you do it’s nearly impossible to make everyone happy at the same time. The key to minimizing employee turnover rate is to make people feel acknowledged and appreciated. As mentioned on Deputy’s blog, being an effective manager is all about communication."
As the economy continued to tank in 2011 and 2012, employee engagement dropped with it. Down economies often impact organizational loyalty in a negative way and Mercer’s 2012 report confirms that. According to the report, 24% of organizations are reporting lowered engagement up from 13% just two years ago. And while organizations continue to invest in employee engagement, or some form of loyalty strengthening activities, popular HR analysts and bloggers are challenging the notion of engagement score value. Companies do care about employee feedback: 96% of Fortune 100 companies and 65% of mid-sized companies use some sort of employee survey. But is fighting for increased engagement scores a good use of executive time and attention? And are increased scores really that valuable to your business?