Employee engagement is the new buzzword in the corporate sector today. Many organizations realize that if they need to improve their current standards and incorporate healthy practices, they should put employee engagement in high regard and prioritize it.
In this article, we list down some of the many benefits of employee engagement in organizations and pinpoint real-life cases of how organizations and workplaces can benefit from it.
But, before we look at the benefits of engagement, you should give a quick recap of what is good employee engagement? The dictionary explains employee engagement to be the “emotional connection an employee feels towards his or her organization, which tends to influence his or her behaviours and level of effort in work-related activities.”
The question now comes over the benefits of employee engagement, and we will go through that in greater detail within this article.
Increase in Productivity
Employee engagement results in a drastic increase in productivity. Engaged employees lead to a more productive workforce. A recent study by Gallup has revealed that engaged employees and teams happen to be almost 21 percent more productive. Like many other organizations, you should look to help make employees feel engaged because that eventually improves their performance and productivity.
An engaged workforce will work harder on tasks and prioritize work with a lot more enthusiasm. Gallup’s report on the American workplace has revealed the importance of employee satisfaction and the kind of rewards it reaps.
Employee turnover is a major cause of concern for organizations in the corporate sector today. Another research conducted by Gallup in 2017 revealed that over 50 percent of all employees are taking steps to quit their jobs. While reasons behind this move vary, the general consensus is to look for better opportunities elsewhere.
Some of the common reasons include internal office conflicts, lack of recognition and an insignificant pay raise. Employees join an organization with desires and certain expectations. Once those desires aren’t met, they start looking elsewhere. However, if employee engagement is prioritized, retention rates improve and employee expectations aren’t just met but exceeded.
Increase in Revenue
Engaging your workforce is known to help initiate a significant increase in your revenue as well. Engaged employees finish their work faster and are more productive and efficient than an unengaged workforce. Continuing from our first benefit, the increase in productivity will enhance the pace of production and open new opportunities. Higher engagement levels often signal more revenue and growth opportunities.
Happy Employees Satisfy Customers
Richard Branson once said, “Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.” A happy workforce is usually an indication of happy customers as well.
Since employees are in general contact with customers throughout, you need them to support your narrative and be on board with your views.
Engaged employees rarely take days off. They realize the importance of showing up to work on time and keep doing that on a consistent basis. Repeated absences can often lead to disengagement and dissatisfaction in employees. Moreover, too much absenteeism can also lead to a lack of productivity in the organization with poor overall performance.
Providing a decent work-life balance is necessary as it lowers the absenteeism rate and helps them feel engaged and satisfied. Make sure you have a wellness program, offer good vacation policies, and do what you can to reduce absenteeism rates.
Higher engagement levels can drastically increase the general quality of work in the workplace. Employees that feel engaged in the workplace are a lot more dedicated and focused in what they do. This engagement eventually results in an improvement in quality and overall standards. Employees participate in tasks with a certain level of dedication and are sure about what they want.
Since employees enjoy their job, they are efficient in nature and come up with new ideas wherever they can.
Innovation and Creativity
Innovation and creativity in the workplace come by when employees are engaged and feel motivated. Engaged employees will think creatively and will try to be more innovative with the solutions they predict and the workflows they follow.
We hope you understand the many benefits of employee engagement in the workplace by now and are willing to adopt them. Employee engagement leads to a number of benefits that employees and employers both want in the long run. If you don’t engage your employees, you risk losing your best performers and damaging your reputation as an employer. If you want to attract the best people, you need to have solid engagement policies.