Employees are your most valuable resource, whether you’re building a new startup, growing a mid-sized company, or staffing an established retail giant. But with historically low unemployment rates, retaining the employees you’ve recruited can be a real challenge. Understanding critical moments in your employees’ lives and careers can help you reconnect with them and strengthen employee engagement.
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If you want to know how your company is doing financially, your last employee survey might be a good place to start. Employee engagement has emerged as a business metric that can make or break other KPIs.
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Employee engagement will be one of the most important differentiators for organizations in 2019, and it’s an issue that nearly every organizational leader has thought about recently. It’s the emotional commitment an employee has to their role, their organization, and stakeholders. Engaged employees feel like part of a larger mission, are aware of how their work helps them grow, and understand the impact they make on others.
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When presenting to your board, leadership team, or even workforce, it’s helpful to have one datapoint to sum up the overall sentiment of the company. Employee Net Promoter Score (eNPS) is an extremely helpful metric on overall employee engagement, but in order to drive it up, you need to know exactly what’s going on in the company.
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We all know the feeling: It’s 11:25 am, and you’re just getting immersed in your most challenging work.
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Business leaders spend countless time, money, and energy searching for the secret ingredient of high-performing teams. Conventional wisdom suggests the best teams are those with the smartest, most talented individuals. However, that’s not the case.
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As we pointed out in our Guide to Modern Employee Recognition, many organizations are failing to engage their employees. In fact, 68% of US employees are either not engaged or actively disengaged.
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Henry Ford once said, “Nothing happens until someone sells something.” Without sales, businesses flounder. Sales is an integral part of most organizations; it directly impacts cash flow, provides insight into market fit, and lays the groundwork for customer retention.
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You already know that your team is capable of accomplishing incredible things together. That’s why you hired the people you did!
So as your employees grow with you and become stewards of your company’s core values, how will you retain them?
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It’s been said that people don’t leave companies, they leave managers.
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