In 1985, I took my first job in the aerospace industry. On day 1, an HR person showed me to a conference room, handed me a thick manual, and said, “Read this.” That was onboarding. It took 4 hours to read the manual. I had nothing else to do—nothing else to be engaged in.
Tag: employee engagement
It is far easier and less costly to generate more business from an existing client than it is to draw in a new customer. But you can only capitalize on your existing clients if you develop the all-important customer loyalty. Your employees are pivotal to this process.
A study published by Gallup found a direct correlation between employee engagement and company revenues. According to their report, actively disengaged employees cost American businesses anywhere between $450 to $550 billion in revenues each year. Increasing engagement contributes to greater productivity which, in turn, contributes to higher revenues.
When a star employee leaves, it’s frustrating all around. The most obvious risk is the lost productivity that likely happens immediately afterward. After all, that star employee is no longer working, and it may take some time to get back to full productivity—even if someone is already in place as a replacement, but especially if […]
In yesterday’s Advisor, we opened up the idea of talent pool engagement—keeping candidates and potential candidates engaged and informed about the organization before they’re even being considered for a role. We discussed a few reasons why it is in a company’s best interest to do this. Now, let’s take a look at a few ways […]
Talent pool engagement, as the name implies, happens when an organization takes active steps to stay engaged with prospective employees—often before they’ve even applied at the organization. With today’s ever-connected online environment, there are ever more ways for employers to stay in touch with the talent pool, no matter the size.
According to seminal studies, over half of the American workforce is disengaged, costing organizations between $450 billion and $550 billion annually.
Open office layouts were introduced a few decades back as a means to increase employee productivity. When employees come out of their designated cubicles and work alongside colleagues in a collaborative environment, they are likely to be more productive—or so was the objective.
In today’s competitive market, understanding what your employees and potential candidates want from the workplace is extremely important. After all, you can’t expect to attract or retain individuals who don’t feel their needs are going to be met in your company.
There is no shortage of studies supporting a causal relationship between employee engagement and business performance. To cite just one recent Gallup study, higher engagement can be linked to better performance across multiple metrics such as sales, productivity, profitability and EPS growth.