Organisation that has a meaningful and strong culture wherein employees’ well-being, job fit and leadership abilities and values are well taken care off has a competitive advantage in terms of employee engagement.
14th August 2017: According to TimesJobs survey, 60 per cent organisations claimed to have witnessed improved employee engagement levels compared to the last two years. For most (55 per cent) organisations the engagement levels have grown up by 10-15 per cent. Of these 55 per cent of the surveyed companies, 40 per cent said to have investment heavily in their culture. Overall, 90 per cent of the HR managers of these companies said that a focus on culture had improved their financial performance, as well.
When asked about experiencing the organisational culture and improved engagement levels, about 80 per cent employees strongly feel the link between the two and 20 per cent do not. About 75 per cent organisations happily invested to boost the engagement levels and only 25 per cent companies do not invest at any level.
Employee engagement leads to better growth
In the TimesJobs survey HR managers said that during the disengagement phase their staff had seen 40 per cent higher absenteeism, 50 per cent more accidental cases, and 75 per cent more errors and defects in the daily tasks. Besides these organisations have also experienced lower productivity, lower profitability and lower job growth in that period. Interestingly, with improvement in engagement levels organisations have enjoyed a rise of over 50 per cent in productivity and 30-50 per cent in job applications, reports 75 per cent organisations in the survey.
How to strengthen employee engagement in an organisation?
Organisation culture works on a hierarchy. The members on top drive the working culture. Therefore, it becomes imperative that the organisational leadership is strong and capable of creating a positive influence within the system. They must cast a major influence on the people to keep them inspired and motivated. The new-gen workers have a new perspective regarding their work-life preferences and want to pursue their interests and passion.
“Workplace culture and employee engagement are inseparable, and companies are gradually realising this connect. Companies which foster a healthy work culture rank better on employee engagement aspect, and have higher productivity and workplace positive employees. In fact, as our study reveals, the progressive companies are already investing aggressively – and deliberately so – to improve their workplace culture and hence, business growth,” says Ramathreya Krishnamurthi, Business Head, TimesJobs.
Employee happiness has become vital for the success of an organisation and for the same reason we have designations like ‘Chief Happiness Officer’ emerging at the workplaces. When employees are healthy, stress free and safe, they are better at their work and thus more engaged. An organisation which cares for its employees and has comprehensive wellness programs is perceived more positively by its employees.
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About TimesJobs:
TimesJobs is a platform to help competent professionals enhance their career growth. With over 25 million registered jobseekers across the board and more than 60 million page views every month, it is the most preferred career portal among ambitious and talented professionals who want to make smarter career decisions that accelerate their career progression.
TimesJobs is leading in the recruitment and employment space with its pioneering and dynamic divisions because it successfully meets all the needs of the jobseekers. Its major platforms include:
- TechGig: India’s biggest dais for tech professionals to help them Learn, Showcase & Compete in the IT industry.
- JobBuzz: A well-known portal that provides information & insights about different companies, job profiles and interview processes.
- StepAhead: StepAhead offers Professional Resume writing and distribution services, career astrology, and resume improvement to help jobseekers accelerate their career.
Also, TimesJobs has the largest collection of jobs in the market, which ensures that whenever and wherever there is a great opportunity, jobseekers will discover it on the platform.
In the recruitment market as well, being the biggest platform for competent professionals who think of their careers first, TimesJobs has become the destination of choice for recruiters who seek to engage with the right talent.