There is a distinct correlation between a culture of engagement and employee performance. According to a recent Gallup poll of almost 50,000 workplaces, those with the highest levels of employee engagement outperformed others in a number of critical areas. An engaged culture tends to bring:
• Greater productivity
• Higher customer satisfaction levels
• Less absenteeism
• Less employee turnover
• More unsolicited employment applications
• Greater share price increase
Where to begin: Knowing the correlation between engagement and performance, businesses should act promptly if they want to boost their output and gain a competitive edge. But you can’t design and implement an employee engagement strategy without knowing where you stand first. When faced with subpar results, take the time to survey your employees before selecting a new option to increase engagement. You might be surprised at what you discover. Creating a culture of continuous feedback will ensure employees feel heard, recognized and valued. Connecting with your employees beyond the annual performance reviews and acting on their feedback will transform them into advocates for your business.
Implement a strategy that can help your company establish that continuous feedback culture and enable your employees to feel a part of the bigger picture. Take a look at the Culture & Surveys module of the Five Pillars of Engagement by HelloTeam. It is a perfect tool for gathering continuous feedback. The small investment will pay off, giving you a more productive and happier workforce that will advocate for you and take your business to the new heights.
Authored by: Andrei Kazlovich, Director of Operations at HelloTeam, Inc.