Employee engagement is a critical component of running a successful organization. Engaged employees are more productive, innovative, and committed to their work and employer.
Understanding the Value of Engaged Employees Employee engagement is pivotal for the progress and prosperity of any organization. Engaged employees are not only more efficient but also loyal, fostering a long-term commitment with their employer. The importance of these employees cannot be emphasized enough: they are often the backbone of an organization's success. Therefore, determining how to measure employee engagement is fundamental in ensuring their satisfaction and, by extension, the organization's growth.
As the job market becomes increasingly competitive and unemployment rates continue to drop, retaining frontline workers has become a top priority for businesses. Losing skilled and experienced employees not only leads to a loss of productivity but also incurs additional costs in terms of hiring and training new employees. To combat this issue, businesses need to take proactive measures to keep their employees engaged and satisfied.
Frontline workers are among the most valuable employees in an organization. They represent the public face of the company in industries from healthcare to foodservice, and make tremendous contributions to the economy, yet they are often overlooked and undervalued. These workers also struggle more financially with fewer opportunities and support systems in place to help them advance and feel unsupported in the workplace. For these reasons, it’s critical for leaders to create an inclusive workplace by not only implementing Diversity, Equity, and Inclusion (DEI) initiatives, but being open and transparent in communicating those programs down to the frontline.
Incorporating internal communication strategies is vital to business success in today's fast-paced world. It’s commonly seen that poor communication between team members impacts key performance indicators (KPIs) negatively.
If today’s labor market suggests anything, it’s that companies need to rethink their retention and recruitment strategies. The hospitality industry, for instance, has seen the average hourly wage go up 22% since November 2019, according to the Bureau of Labor Statistics. This has changed since the pre-pandemic as employers offer more competitive pay to refill positions lost or eliminated during Covid.
Articles Employee communication
Most HR professionals will agree that the high turnover rates in the construction industry make managing labor as a resource very difficult. Employee retention is a countrywide challenge, and at the end of 2022, the U.S. Bureau of Labor Statistics reported that the U.S. set a new resignation rate record.
Infographics Employee communication
Let’s face it, building a business case that allows you to capture people’s attention and get the investment you need can be difficult. So how do you convince the leaders in your organization about the importance of employee engagement and communication? How do you get them to invest in new technologies such as an employee app and tell them about the benefits?
A survey conducted by the Ark Group among CEOs revealed that almost 95% considered effective internal communication as the most critical factor for success. Surprisingly, only 22% believed that their own company's internal communication was up to the mark. David Grossman, in his book "The Cost of Poor Communications," indicated an average loss of $62.4 million per year for companies employing around 100,000 due to inadequate internal communication.
About this Video Stronger together. For better and for worse. When Peter got infected with COVID-19, his health quickly went south! An artificial coma of 3 weeks was necessary to improve his situation. This had a massive impact on family, friends, and colleagues.
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