The Importance of Employee Engagement
According to the 2024 Global Talent Trends Report 40% of Executives cite employee engagement as a top priority in 2024, we explore why employee engagement is crucial to company success, as well as some of the ways you can boost engagement in your organisation.
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Engaged Workers = Productive Workers
Engaged employees are likely to feel more passionate about their work, which can increase the flow of creative ideas, innovation and productivity in general, all of which directly impact company success. In fact, highly engaged teams demonstrate up to 21% greater profitability, according to Gallup.
High employee engagement can also help reduce absenteeism and retain staff. Keeping staff engaged can help lower employee turnover, as well as the cost, time and resources required to hire staff. Not only that but attracting and retaining the best talent is now more important than ever with the highly competitive nature of the market. So, it is in the best interests of management and the organisations as a whole to ensure employees remain engaged.
Avoid Burnout
Employee burnout occurs when workers start to feel fatigued and unmotivated due to stress from an excessive workload with such burnout shown to have a detrimental impact on productivity. With 2024 Global Talent Trends Report revealing that over 80% of employees feel at risk of burnout, it is more important than ever for business leaders to take action. Promoting engagement among workers can help, with research by Gallup reporting engaged employees are less likely to report feeling stressed, a contributor to workplace burnout.
So what can you do to make your team feel engaged?
Gallup found that 80% of employees who have received meaningful feedback in the past week feel fully engaged, so providing your staff with regular feedback may be a good starting point when it comes to boosting engagement. Seeking feedback from your team will deliver further insight into their experience and help your organisation identify strategies to deliver employee experience excellence and foster strong employee engagement. Part of Microsoft’s suite of employee engagement tools, Viva Glint and Viva Pulse can help you gather feedback from teams or the entire organisation quickly and easily through customisable surveys that address a wide range of topics from diversity and inclusion to engagement. Survey results can then be displayed in a clear visual formal to help you analyse and understand employee experience, gauge engagement levels and see what areas you can improve on as a manager to help enhance your team’s health.
Other elements of Microsoft Viva can help transform how you engage staff and collaborate even in remote settings. Viva Engage provides a space for coworkers to connect, share knowledge and news and even form groups. This helps ensure employees feel a sense of community regardless of whether they work in the office or remotely. Viva Goals helps foster purpose-driven teams by setting team goals that align with the greater goals of the organisation so all staff feel a sense of responsibility, purpose and involvement in achieving the strategic objectives of the company. Viva Insights provides team members and management with insightful, actionable data surrounding employee workdays and productivity so teams can review how they spend their time and better allocate their work hours.
If you would like to learn more about Microsoft Viva, get in touch with one of our experts today.
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