The increase in which disengaged employees make errors compared to engaged employees
Greater profitability is seen in higher engaged teams
Workers feel they are ‘under excessive pressure’, feel ‘exhausted’, and are likely to quit their job in the next year
Why do you need an effective employee engagement strategy?
Most definitions of employee engagement describe employees who are healthier, happier, more fulfilled or more motivated. For businesses small and large, research has repeatedly shown that higher measures of engagement go together with higher performance.
More broadly, there is a strong correlation between an engaged workforce and success across other business metrics, including customer satisfaction, productivity, innovation, staff retention, and efficiency. Recent studies show that health and safety performance also improves.
A meta-analysis study of more than 1.8 million employees around the world found that workplaces who rated in the top quartile for engagement had 70% fewer incidents than those in the bottom quartile. Engaged employees also tend to naturally take pride in their work and want to follow best practices.
There’s no denying that feeling engaged is evidently good for your people, but in today’s predominantly virtual environment, it takes more than the basics to create an engaged culture across your business.
We can help you to create and implement an effective people engagement strategy to support your employees’ job satisfaction and overall performance and productivity. The strategy can also help drive an improved sense of worth and company loyalty by maximising your employees’ perceived value of their benefits.
What type of employee engagement programme do you need?
Depending on the specific requirements of your business, here are some of the strategy recommendations we may suggest to support employee engagement in your business:
- Total Reward Statements (TRS) – a way to bring the value of the additional benefits to life and provide a tangible understanding of the true investment and value you place on your people
- Communication from P& – access to literature and templates to support employee communication and engagement (Fizz launch literature, employee benefits handbook template, benefits FAQs, and employee presentations)
- People pulse check – complementary wellbeing and engagement pulse check survey
- Fizz benefits savings portal – providing access to 1,000s of discounts, Fizz supports the financial wellbeing of your people and can enrich your people value proposition.
Maximising employee awareness and value
Supporting a construction client in fully understanding their current wellbeing and benefits programme to maximise employee awareness and value. The problem As one of the South West region’s largest contractors, the organisation is a leading performer within the sector and constantly striving to improve service to customers. Not only wanting to be the best for… View ArticleRead Case Study
Adding value beyond the provision of benefits alone
Adding value beyond the provision of the benefits alone, helping the client at every stage of the process pre-sale, post-sale and supporting through a point of claim. The problem: Being a valued business insurance customer of Partners&, the electrical distribution business required an advisor who would help with employee engagement and communication. The client required… View ArticleRead Case Study