Why its important to have engaged employees!
We’ve been doing lots of Employee Engagement work recently with a varied range of clients in and around Yorkshire who have been getting some great insights to help them build their business. Alongside this, Michelle is speaking at a few events and conferences in the coming months.
So, why is it important to consider how engaged your employees actually are?
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 increase in staff retention and 5% increase in productivity. We could go on!
Did you know? It can cost 12-18 months’ salary to replace an employee (Source: HayGroup, How to stop your talent taking flight, September 2013).
This might seem like an excessively high figure, but take time to consider the following, often hidden costs:
Click this link to read more about our approach to measuring Employee Engagement in your business
If you’d like to know more, Michelle will be speaking at the following events:-
South York Networking Meet Up, York – 28th April 2016 4pm
Meet new contacts and understand more about Employee Engagement
Book your place here lnkd.in/ewJbNcp
The Business Network, York – 15th June 2016 Workshop 11.00- 12 noon
Engaging your people will increase your profits
Conference in London – end of June/early July
Details to follow, watch this space!
So, why is it important to consider how engaged your employees actually are?
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 increase in staff retention and 5% increase in productivity. We could go on!
Did you know? It can cost 12-18 months’ salary to replace an employee (Source: HayGroup, How to stop your talent taking flight, September 2013).
This might seem like an excessively high figure, but take time to consider the following, often hidden costs:
- Recruitment, on boarding and training costs
- Time spent on the exit process
- Juggling workload and temp costs
- Loss of expertise and productivity
- Managing turnover
- Quality problems and customer dissatisfaction
- Start with engaged people, recruit well
- Create and share a vision for the future, one that is understood and resonates with all
- Set clear expectations, and provide regular honest feedback
- Are you developing your managers to bring out the best in their teams?
- Rewards and Recognition, make the time to recognise what your staff are doing and say thanks!
- Be Trustworthy, honour your commitments and trust others
- Work/Life Balance, understand different needs of your people and try to be flexible
Click this link to read more about our approach to measuring Employee Engagement in your business
If you’d like to know more, Michelle will be speaking at the following events:-
South York Networking Meet Up, York – 28th April 2016 4pm
Meet new contacts and understand more about Employee Engagement
Book your place here lnkd.in/ewJbNcp
The Business Network, York – 15th June 2016 Workshop 11.00- 12 noon
Engaging your people will increase your profits
Conference in London – end of June/early July
Details to follow, watch this space!Tags: Employee Engagement
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