Have you asked your team that lately? Chances are, your people aren’t employed by you for their health. As an employer, you know that the cost of losing great people is high, and with the economy going strong, it’s important to pay attention to employee engagement and satisfaction. But beyond the compensation and free cokes, what are you providing them? And how do you know?
First of all, pay and job hygiene factors such as the environment should be at market levels in order to take those out of the equation. If you aren’t compensating at a fair rate, then expect some higher than average churn in your organization because you will not attract the top talent that wants to stay put with you.
If you’ve established that your organization is a nice place to work that pays people in accordance to their duties and responsibilities, treating them well and thanking them for hard work, that’s a great start to job satisfaction. But what will make your people stick with you instead of the the competition, and while they’re with you, what will make them perform better than your competitors? If you’re in a service industry, your people are the difference to your customers. If you create a product, the innovation and quality of your employees’ work will make the difference to your customers. It always comes down to people.
You need to engage and motivate your people in the best way possible. The best way to do that is to by leveraging behavioral assessments such as Predictive Index. By administering the survey to employees and training leaders to interpret and act upon assessment results, your organization will have a powerful advantage. You’ll be able to ensure that employees are working in the ideal roles for their personalities, and you’ll be able to continually stimulate and challenge them, preventing burn-out and boredom and enhancing performance.
How will you know that this is happening? Business results are often initially changed by the PI through lowering turnover rates for organization. When people are staying with your organization, especially amid a strong economy, you can infer that the organization is one where they feel engaged and happy to work in. The PI also allows you to measure engagement and morale, so you can make informed changes to roles; for instance, if an individual is socially inclined but their job design is not allowing enough contact with others, the survey results can prod a manager to shift around duties to allow more contact with others. Additionally, employee survey results will let you know the temperature of things around the business. An anonymous survey give employees the chance to share thoughts on what could make your business better.
What’s in it for your employees, then? More than just a job to collect a paycheck from, you hope. Now you see the importance of engagement and you understand how it’s created and measured. Let’s get started with the Predictive Index in your organization–contact us today!