The economy is beginning to show signs of recovery which means good things for you and your company. So you should be able to take a collective sigh of relief as we move forward into this year, right? On the economic front, yes, but an uptick in the business landscape means there will be more opportunities for your team members to move on to something bigger and better if they have become disenchanted with their current job.
There’s been a lot said about employee engagement and how it impacts the workforce. It’s high time for leaders and managers to get serious about what the information is telling you. Your business could be at a huge risk of losing your most valuable players. A recent study by Blessing White confirms the impact of disengaged employees in the workplace.
According to their 2011 Employee Engagement Report, some of the key findings include:
- Fewer than 1 in 3 employees (worldwide) are engaged and nearly 1 in 5 are disengaged.
- More employees are looking for new opportunities outside their organization than they were in 2008.
- Employees view opportunities to apply their talents, career development and training as top drivers of job satisfaction.
- Managers are not necessarily doing the things that matter most (like building relationships with the people on their teams.
So what can you do to stop the exodus from happening in your company?
- Connect with your team members on a regular basis. A short one-on-one meeting once a week can go a long way to helping them feel connected to the organization and your team. Find out about their “human side” and what motivates them to do good work. Ask how you can help.
- Take stock of the big picture as it applies to your team. Determine if you are really leveraging the strengths of each and every team member. Make adjustments in team assignments and team roles to help them do their best work in an area that excites them and makes them want to come to work every day.
- Look at your company retention strategies and make sure there are mechanisms in place that will make employees think twice about leaving such a great place to work.
What do you think? Are you taking steps to keep your team members engaged? What are they? Please share in the comments.