Posts Tagged ‘Employee Engagement’

Did you know?

Written by Michelle Mook on . Posted in Sunflower Diaries

It can cost 12-18 months’ salary to replace an employee!*

If you think that seems an excessively high figure, think again. This time consider the following, often hidden costs: recruitment and training costs, time spent on the exit process, juggling workload and temp costs, loss of expertise and productivity, managing turnover and quality problems and customer dissatisfaction.

Your employees are engaged they’ll be happier, healthier, more fulfilled and less likely to leave their position. By having a happy and engaged workforce you could also see a 12% increase in profit and potentially a 5% increase in productivity.

Here are some tips drive up your employee engagement levels in 2014 and reduce your staff turnover:
  • Spend time during the recruitment process get to understand the candidates making sure they are the right person for the role and the company.
  • Create and share a vision for the future, one that is understood and resonates with the entire workforce.
  • Set clear expectations, and provide regular honest feedback to each individual.
  • Commit to development, for careers and individual current role.
  • Rewards and Recognition, it’s not always about money, remember to say thanks!
  • Be Trustworthy, honour your commitments and trust others.
  • Work/Life Balance, understand different needs of your people and be flexible.
  • Last but by no means least – Have fun, life’s too short not to!

Source: HayGroup, How to stop your talent taking flight, September 2013

Why not drive up your employee engagement levels in 2014?

Written by Michelle Mook on . Posted in Sunflower Diaries

People really do make a difference, particularly when it comes to employee engagement.

Our last issue we mentioned the amazing results one of our client had in their Employee Engagement survey, the people there had a huge role to play in their success.

Since we wrote about our client, a number of you have approached us to find out more about employee engagement. We have talked much about the importance of employee engagement and the benefits of focusing on people and performance.

For a start, if your employees are engaged they’ll be happier, healthier and more fulfilled.  But equally great, you could also see a 12% increase in profit, alone not to mention the and increase in staff retention and 5% increase in productivity.  I could go on!