How Vital is Employee Engagement
WHY EMPLOYEE ENGAGEMENT IS VITAL FOR THE COMPANY :
Organizations with engaged employees outperform competitors by a staggering 202 percent and that disengaged employees cost billions of dollars in lost productivity each year. Engagement is a win for everyone: not only does it make employees more productive, loyal and innovative , it’s also proven to drive greater business results. Better engagement means better productivity. When employees are engaged at work, they feel a connection with the company. They believe that the work they’re doing is important and therefore work harder. Andrew Carnegie once said, “You must capture and keep the heart of the original and supremely able man before his brain can do its best.” Although Carnegie wasn’t explicitly talking about employee engagement, this quote perfectly illustrates how vital it is to engage your employees so they will be happier and perform to the best of their abilities. Unfortunately, employee engagement is sometimes an afterthought. Instead, engaging employees should be practiced at all levels of the business hierarchy and cultivated on a regular basis.
Eight reasons why employee engagement is vital for the company and how its impacts the work culture
- Better engagement means better productivity
Corporations whose employees are engaged perform better than companies whose employees are not by over 200%. When employees are engaged at work, they feel a connection with the company. They believe that the work they’re doing is important and therefore work harder. A massive chunk of money could significantly shrink if more companies emphasize employee engagement. - Engaged employees are less likely to quit
If you’re completely happy and content in a relationship, why would you break up with your significant other? You probably wouldn’t. The same principle goes for employees’ relationships with their employers. But, if the members of your team are engaged and feel appreciated, they are less inclined to look for other employment opportunities. Fostering a culture of employee engagement can be the key to reducing turnover rates and boosting employee retention. If employees feel needed and wanted when they go into work each day, the connections they form with the company and their other co-workers are not easily eroded. By cultivating and maintaining these relationships, you reduce the risk that your employees will quit. - Engaged employees are positive
Employees who feel disconnected and disengaged are more likely to have negative things to say about your company. If a disengaged employee leaves or is fired, they are able to vent their frustrations on any number of social forums and sites. Because negative feedback tends to be magnified more than positive, the company’s reputation and credibility could be damaged due to a single disengaged employee. Conversely, engaged employees are positive and have enthusiastic things to say about where they work. Whether they are bragging about their job to customers or simply telling friends and family how much they enjoy working, employees who are engaged will help spread good news about your company. - Employees feel satisfied when they’re engaged
Employees who are engaged at work feel satisfied with their careers and are generally happier individuals than employees who aren’t engaged. It’s important to remember that boosting employee engagement is not about simply creating more productive, robotic employees and increasing profits. Employee engagement is advantageous for both parties and should be treated as a two-way street. One of the biggest advantages to increased employee engagement is that you’ll be surrounded by happy workers who enjoy coming to work nearly every day. Engaged employees are cheerful employees. - Engaged employees are more philanthropically minded
Employees who are engaged at work want to know that the company they work for cares about the community. If the company encourages volunteerism or provides matching gift or volunteer grant programs, engaged employees are more likely to take advantage of these opportunities to donate their time and money toward worthy causes. By creating an atmosphere of corporate philanthropy, you can not only help employees contribute to nonprofit organizations, but you can also help them feel more engaged and fulfilled at work. - Engaged employees are better communicators
Employees who care about their jobs are more effective communicators with their co-workers, leaders, and customers alike. Disengaged workers may mindlessly go through their day without remembering any of the conversations that they had. Engaged employees, however, will engage each other in stimulating discussions that could turn into productive brainstorming sessions. Incorporating a culture of employee engagement can not only help employees connect with one another, but it can also help create new innovations and ideas. - Engaged employees are more creative
Increased employee engagement have the potential to make the employees more creative. Disengaged employees rarely produce new solutions or bring innovative ideas to the table; they have little interest in contributing to the bigger picture or even being creative with their job. Engaged employees, on the other hand, find creativity to be essential and thrive on knowing that they can find new ways of completing tasks and projects and are always looking for fresh takes on old ideas. Employee engagement atmosphere does not only boost productivity and profits, but also help employees reach their full potential and look forward to coming to work each day with more satisfaction and a feeling of content with their careers which will benefit the company with higher productivity and profits. - Employee Engagement Can Help Your Cause Marketing
Engaged employees are a boon for the company’s cause marketing efforts. Engaged employees enjoy being part of a solution. They like to participate in events and volunteer with non-profits.