A Complete Guide
Employee Engagement in the Modern Workplace
Employee Engagement in the Modern Workplace
Any company that aims to focus on its people has to focus on their engagement as well.
In simple terms, employee engagement means getting employees to really connect with their roles. It is about having people who are fully invested physically, mentally, and emotionally in their work.
Employee engagement goes deeper than just ticking boxes. It is about understanding what truly drives people in their jobs.
83% of organizations wish to cultivate a people-centric culture.
– LinkedIn’s 2023 Workplace Learning and Development report
Why Employee Engagement Matters
Engaged employees not only care about their work, but also about the success of their company. Here’s what employee engagement brings:
Enhanced Productivity
According to Gallup, disengaged employees’ lost productivity amounts to 18% of their annual salary. A Forbes report states that highly engaged teams demonstrate 21% higher profitability.
When employees get the necessary resources and support to grow, it boosts their engagement. Consequently, they work with more dedication, efficiency, and enthusiasm as they know their efforts are valued and tied to performance objectives.
Improved Customer Outcomes
These result from employees feeling valued and acknowledged by their organization. They feel inclined to represent the company positively. They become advocates who recommend it to others and even share their positive experiences on social media.
Engaged employees willingly foster genuine customer relationships while contributing to business growth and profitability.
Reduced Absenteeism
Stress frequently contributes to both physical and mental health issues, with 61% of employees experiencing job-related burnout. This can result in increased absenteeism and decreased performance.
Engaged employees are more likely to enjoy a healthy work-life balance and, in turn, face less stress.
Enhanced Retention
Disengaged and unhappy employees are unlikely to remain in their current workplace for an extended period.
In fact, as per a study, 74% of disengaged workers actively seek new job opportunities. Engaging employees helps minimize turnover costs and promotes retention.
Simply providing perks like free lunches, a Friday pizza, or subsidized gym memberships no longer cuts it. True employee engagement is all about focusing on employee development, understanding what motivates them and finding ways to support their growth and learning.
