Pete Tosh: Due to Covid Employee Engagement is a Hot Topic! And for Proven Reasons

Pete Tosh

Friday, October 30th, 2020

To adapt to the ever-changing marketplace & persevere through the disruptions caused by Covid, organizations need exceptional performance from their employees. And a recent study - published in Human Performance - found that ‘highly engaged’ teams were more resilient during both the 2001-02 & 2008-09 recessions.

Leaders are continuously in the ‘people business.’ And today leaders are striving to tap into the potential of their employees, increase their resilience & minimize the stress they are experiencing. Leaders can achieve all three by increasing the engagement of their teams.

Employee engagement is the:

  • Degree of involvement, commitment, & enthusiasm employees have for their work & organization – through which everything gets done in business

  • Approach many leaders are using to generate positive results amid competition, market challenges & disruptions

According to research by Harvard Business Review Analytics Services, 81% of business leaders ‘strongly agree’ that engaged employees perform at a higher level.

Gallup’s studies over three decades have confirmed that organizations focusing on employee engagement have seen consistent improvements in critical business outcomes. And Gallup’s latest study - the largest study of its kind ever - involved:

  •  54 industries - finance, manufacturing, construction, retail, transportation, public utilities, etc.

  • 110,000 business units/teams

  • 2,700,000 employees

Who can argue with that sample size?

The results of this most recent study were released just this month – with Gallup finding that highly engaged business units/teams generate the following:

  • 23% higher profitability

  • 14% higher productivity

  • 10% higher customer loyalty

  • 81% less absenteeism

  • 64% fewer accidents

  • 41% fewer quality defects

  • 18% less employee turnover in high-turnover organizations & 43% less in low-turnover organizations

The better leaders understand their employees & their needs, the more effectively they can lead. So, numerous well-known organizations – Ritz-Carlton, Chick-fil-A, Campbell Soup, Bayer, Caterpillar, Baptist Hospital, Honeywell, etc. – have been using Engagement Surveys to increase employee trust, develop their managers, become more resilient & take advantage of the economic benefits of enhanced employee engagement.

The Focus Group’s Employee Engagement Survey assists our clients in:

  • Comparing their engagement levels to an extensive database - by facility, department, manager & organization-wide

  • Understanding where they excel & where they can initiate improvements

  • Implementing targeted, employee engagement-focused action steps

  • Utilizing employee engagement to increase their desired business outcomes – including their bottom line
We’d be interested in knowing what you’re doing to increase your level of employee engagement.
 
“Treat your employees as you want them to treat your best customers.” – Stephen Covey