Competition for talent is fierce. Unemployment rates hover near historic lows around the world, new technologies are raising the demand for new skills, and older workers are retiring at a rapid pace. As a result, employers need every advantage they can gain in competing for workers, and that includes protecting the talent they already have.
Tag: Employee Engagement Strategy
Disengaged employees are costly. A recent Deloitte report notes that organizations spend over $100 billion annually to improve employee engagement. Despite that, 87% of employees remain disengaged and cost U.S. companies $450 billion to $550 billion per year in lost productivity, according to Gallup.
How do you get employees to go the extra mile and perform at the peak of their capacity? Some say job satisfaction and happiness are key elements of exceptional employee commitment. I don’t disagree with that. But I would argue that employee satisfaction and happiness are not enough. After all, I could love my work, […]
A leadership transition can be both an exhilarating and a terrifying time. For those who know what to expect, it’s likely a chance to get excited about a new chapter in the life of the company. However, for those who were either unaware or unsuspecting, the promise of change can bring about fear and anxiety, […]
Hospitals and health systems can discard three myths of employee engagement to improve patient satisfaction and Medicare reimbursement and raise their image for patient safety with well-designed initiatives, according to the new report Data-Driven Insights for Your 2017 Employee Engagement Strategy, released by Advisory Board.