04. why is employee engagement important?
(Coreprocess.co, 2023)
According to firstup, (2022) It’s more than just a
paycheck for contented workers who are fully dedicated to their jobs; their
passion for what they do is fueled by their commitment to their employers and
their roles, which is frequently reflected in company success and employee
engagement.
Start with employee communication if you've been
wondering why and how to boost employee engagement. The most important strategy
for fostering positive working relationships among coworkers and increasing
productivity rates is still employee communication. Employers who provide
employees with precise, unambiguous communication can quickly foster a sense of
trust. (Firstup, 2022)
The importance of employee engagement cannot be
overstated, as research indicates that it reduces staff turnover, increases
productivity and efficiency, improves customer happiness and retention, and
boosts revenues. (Engagement multiplier, 2018)
According to Heinz, (2019) Employee engagement is essential for a firm to succeed. The brief response to the query, "Why is employee engagement important?" is as follows.
Employees are more likely to be productive and remain
with the firm longer when they have faith in the organization's mission and the
work they accomplish. Consequently, increased productivity levels frequently
result in increased revenue, which boosts a company's profitability. (Heinz, 2019)
Let's examine the advantages of employee engagement in
detail, along with how businesses can assess and enhance it, to completely
comprehend the connection between corporate success and employee
engagement. (Heinz, 2019)
Employee engagement is important to your staff even if it has no bearing on other areas of your organization, such as employer branding, retention, and profit margins. You should care about it just for that reason. Putting employee engagement first simply communicates to your workers that you value them as people, not just as employees who work for the firm. (Heinz, 2019)
Your entire business will operate more efficiently and
accomplish goals more quickly when all your employees are motivated and
involved in the work they do. Additionally, if they feel engaged and empowered
in their roles, they are more likely to stay with your organization, which will
save on recruiting costs. (Heinz, 2019).
According to Heinz, (2019) Employee engagement is crucial for a number of additional reasons, but these ten sticks out:
1. Employee
engagement reduces turnover.
2. Employee
engagement boosts employer brand.
3. Employee
engagement helps with recruiting.
4. Employee
engagement supports productivity.
5. Employee
engagements increase customer satisfaction.
6. Employee
engagement reduces absenteeism.
7. Employee
engagements prevent burnout.
8. Employee
engagements increase profitability.
9. Employee
engagement means better mental health.
10. Employee
engagement strengthens leadership.
Ultimately, According to Engagement multiplier (2018)
a motivated workforce streamlines business processes and frees up management to
focus on higher-value duties like development, innovation, and process
optimization. In conclusion, this is the primary cause of the high reliance on
employee engagement that successful company outcomes place on it.
References:
1. firstup (2022c). Why is Employee Engagement
Important to Company Success? [online] firstup. Available at:
https://firstup.io/blog/employee-engagement-key-to-company-success/ [Accessed 9
Nov. 2023].
2. Engagement multiplier (2018). Why is Employee
Engagement So Important? [online] Engagement Multiplier. Available at:
https://www.engagementmultiplier.com/resources/why-is-employee-engagement-so-important/
[Accessed 9 Nov. 2023].
3. Heinz, K. (2019). Why Is Employee Engagement
Important? [online] Built In. Available at:
https://builtin.com/employee-engagement/why-is-employee-engagement-important
[Accessed 9 Nov. 2023].
4. Coreprocess.co. (2023).[online]. Available at:
https://www.coreprocess.co/wp-content/uploads/2020/02/Importance-of-Employee-Engagement-Blog-Image2.jpg
[Accessed 9 Nov. 2023
increasing employee engagement is essential for lowering turnover and fostering a productive workplace culture. By addressing these important factors proactively, organizations can retain more people and enhance engagement while enabling a more motivated, productive workforce. It has proven in your content. Valuable informations
ReplyDeleteHi Mr. Ekanayake, Your comment astutely captures the article's key message on the significance of increasing employee engagement. Your recognition of its proven impact on lowering turnover and fostering a productive workplace aligns with the highlighted benefits, as emphasized in the content from Firstup, Engagement multiplier, and Heinz.
DeleteDear Vidura, This is a very interesting article, And employee engagement is the heartbeat of organizational success. It’s more than a job—it's about dedication, passion, and fostering trust through communication. Engaged employees drive productivity, reduce turnover, boost customer satisfaction, and enhance profitability. They're the bedrock of a vibrant company culture, vitalizing every aspect from recruitment to brand image.
ReplyDeleteYour insightful comment beautifully encapsulates the essence of the article on employee engagement. Indeed, it emphasizes how engaged employees serve as the heartbeat of organizational success, driving productivity, trust, and a vibrant company culture.
DeleteHello Friend.
ReplyDeleteEmployee engagement is vital, driving productivity, reducing turnover, and enhancing organizational success. By fostering trust through effective communication, companies create motivated, loyal teams that contribute to increased efficiency, customer satisfaction, and overall profitability. Prioritizing engagement reflects a commitment to valuing employees, contributing to a positive work culture and long-term success.
Your insightful comment aptly highlights the critical role of employee engagement in fostering trust, loyalty, and organizational success. Emphasizing its impact on efficiency and a positive work culture is well-articulated.
DeleteYes, employee disengagement can indeed have significant financial consequences for organizations, impacting productivity and overall performance. It underscores the importance of fostering a positive work environment and addressing factors that contribute to disengagement.
ReplyDeleteAbsolutely, personal agency plays a crucial role in employee engagement. Encouraging a sense of ownership and responsibility can contribute to a more motivated and productive workforce. Monitoring and maintaining engagement through effective tools and strategies are essential for creating a positive and supportive workplace culture.
According to a study on workplace engagement in the U.S, disengaged employees cost organizations around $450-550 billion each year
This comment effectively highlights the financial impact of employee disengagement and emphasizes the role of personal agency in fostering engagement. It underscores the importance of proactive strategies for a positive workplace culture.
DeleteDear Vidura,
ReplyDeleteWhy is employee engagement considered crucial for a company's success, and what are some specific benefits that businesses can derive from fostering a highly engaged workforce, as highlighted in the provided article?
DeleteEmployee engagement is crucial for a company's success as it positively impacts productivity, innovation, and employee retention. Fostering engagement results in a motivated workforce, improved performance, and a positive workplace culture.
Employee engagement is a powerful driver of organizational success, influencing various aspects of workplace performance, culture, and the overall employee experience. It goes beyond simple job satisfaction and encompasses the emotional connection employees have with their work, colleagues, and the organization as a whole.
ReplyDeleteAbsolutely, employee engagement is a cornerstone of organizational success. Beyond mere job satisfaction, it fosters a profound emotional connection, influencing workplace performance, culture, and the overall employee experience. Engaged employees are more committed, productive, and contribute significantly to a positive work environment, ultimately enhancing the organization's performance and success.
DeleteExactly Vidura, Team members' greater involvement will benefit everyone. Employee productivity comes from just being happy. Engagement ultimately comes from the interaction between the employer and employee.
ReplyDelete"Absolutely! Employee engagement is the key to unlocking a productive and positive work environment. When team members are actively involved, their satisfaction and happiness levels increase, directly contributing to heightened productivity. It's a symbiotic relationship where the employer's efforts to engage with the workforce create a sense of belonging and purpose, fostering a work culture where everyone thrives. Ultimately, a happy and engaged team is not just beneficial for individuals but also for the overall success of the organization."
Delete