Published on 1st February 2011
Employee engagement affects productivity, profitability and staff retention – it cannot be ignored. If your workforce is not engaged, your organisation cannot perform or compete effectively. For example, disengaged employees take an average 6.19 sick days per year, compared to 2.69 days taken by engaged employees. In fact, experts claim that low employee engagement is costing the UK economy anything from £59bn to £64bn per year.
So, what can be done to help engage employees and improve productivity?
1. Understand it: Those who are disengaged may voice cynicism, or they may isolate themselves from their colleagues. Line managers need to be trained to recognise tell tale signs of disengagement, and need to work alongside HR to understand the reasons why the employee is disengaged.
2. Support them: Every employee will need help in their day-to-day lives at some point. An EAP (Employee Assistance Programme) can be a low-cost solution providing confidential counselling and advice free to the employee, as well as childcare or eldercare matching. Not only will you help your people focus on their jobs, you will also improve your employer brand.
3. Get personal: Not every employee is the same, so not every employee will appreciate a blanket approach to benefits. Offer them a range of flexible benefits that they can scale up or down according to their lifestyle. Voluntary benefits are a great, low-cost addition, with discounted shopping vouchers or gym membership.
4. Value your values: Aligning employees and their personal objectives with the values of the business is not something that can be done overnight. Ongoing and consistent performance management, in line with your goals and values, helps employees see where they are going and where they are adding value. In turn, they will feel valued.
Investing in employee engagement is a long-term commitment, but it is one that reaps long-term rewards.
To find out more ways to boost your employee engagement, please speak to one of our expert consultants by calling0800 0482 737.
Or call us on 0800 0482 737
Do you communicate information about your company pension to your employees on a regular basis?
Sign up here and we'll let you know when we publish the next edition of Ceridian Connection.