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4 KPIs to Track Your Employee Engagement

The time has come to start thinking about employee engagement as a measure of organizational success that is as important as growth and revenue. In today’s hyper competitive and connected world, true employee engagement may just be the differentiator between businesses that succeed and those that don’t.

Because engagement is a critical business metric, you may be wondering, how do you accurately measure it? It can seem a bit nebulous or qualitative, unlike the hard analytics you’re used to. Luckily, there are several ways to quantify employee engagement and track it over time. Here’s where to get started.

1. Engagement Surveys

For years, annual employee surveys were the best (and only) available tool for measuring employee engagement. But today’s leading organizations are moving away from annual surveys in favor of more frequent surveys and continuous feedback in order to get a more timely, accurate and actionable read on engagement. Here’s how you can use engagement surveys to better understand employee engagement:

  • Weekly pulse surveys that ask just a few questions. Start with something simple, like “Would you recommend us as a place to work?” and make sure to occasionally repeat the question so you can track changes.
  • Active listening interface that acts as an always-on, intelligent, open channel for employees and managers. With Achievers Listen, via a visual single-click poll, employees share day-to-day engagement confidentially. Based on employee response, Allie, an active listening interface, follows up with simple, friendly conversational questions to better understand how the employee feels and perceives work. Gather feedback, ask questions, and get updates, next actions, and ideas to impact engagement right away.
  • Historical data that shows trend lines as organizations shift. Engagement can shift as organizations go through high and low times.
  • Comparison data between departments and functions. Some parts of the organization will naturally be different from others, but use that data as a discussion starter to make sure engagement is on the right track.

2. Pulse Surveys

For employee engagement, it can be helpful to ask employees one simple question: How likely are you to recommend our business to a friend as a place to work?

The question can be measured on a 1 to 10 scale, with one being the low end and 10 the high end. Scores of 9 and 10 are promoters — employees who would actively recommend your place of work to a friend. Scores of 7 and 8 are passive — they wouldn’t take the action to recommend, but that doesn’t mean they aren’t fans. Scores of six and below are detractors — if a friend were to ask about applying, they might deter them.

The beauty of this type of scoring is in its simplicity. One question can be asked quickly in regular pulse surveys that show a measure of change over a short amount of time. It can also be easily broken down by department or team, so that you can potentially identify which areas of the business (or leaders) are affecting engagement for good or bad.

3. Supervisor Satisfaction

Speaking of leadership, managers can have a massive effect on employee engagement. One out of every two surveyed professionals reports leaving a job to “get away” from a bad boss. Conversely, a good boss can make his or her team more productive, satisfied, and loyal.

But how do you measure supervisor satisfaction? Reporting a poor manager can be a frightening experience — making the reporter feel at risk of repercussions. That’s why a qualitative look is the best way to go. It not only creates a safe way to gather information, but removes potential bias from the situation as well.

First, look at both retention rates and promotion rates from a particular manager’s department. High rates of turnover may be an indicator that something isn’t right, while high rates of promotion indicate that leadership in that department is helping employees grow. Then, use the same survey measures discussed above to break the data down by department. You can go a step further by asking employees this question: How likely are you to recommend your manager as a person to work for to a friend?

Finally, be sure to use your engagement software to set baseline goals for employee engagement based on the entire company’s data. From there, you can segment by department and manager and figure out which groups are above the baseline and doing well, and which are below and may require additional attention.

4. Goal Performance

Research into human psychology indicates that goal setting helps increase feelings of autonomy, connectedness, and competence that ultimately leads to personal happiness. Further, from a business perspective, setting and achieving goals is crucial to growing your business.

Goal performance and employee engagement are directly correlated, so measuring the former can help provide insight into your employees’ state of mind. First, you’ll want to measure overall goal achievement. Part of setting goals is failing to meet some of them, so if your organization is at a 100% success rate, you may be setting your sights too low. A good number to track against is 60-80% achievement.

Furthermore, you’ll want to set and measure some goals that are a stretch. Creating high standards for employees to strive for drives healthy competition and development. Track the progress and milestones towards those moonshot goals, and don’t forget to praise and recognize employees along the way.

Simply tracking KPIs for employee engagement isn’t enough. Once you start measuring this critical business metric, you need to take action. Start by tracking your engagement workflows and major milestones in a project management tool (check out TechnologyAdvice for project management recommendations based on your needs) that lets HR and C-level stakeholders provide insight and feedback. Use the information you’ve gathered to define a strategy for improving engagement, measure success along as you roll out the strategy, and be prepared to innovate along the way.

To learn more, download Achievers’ e-book, “Employee Engagement: Four Places to Start Measuring What Matters.”

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About the Author
Taylor BurkeTaylor Burke is a writer for TechnologyAdvice, covering marketing and sales. She’s passionate about helping brands become more authentic, transparent, and connected with their audiences.

 

 

 

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5 Things to Consider When Building Employee Surveys

Did you know that 88% of employees don’t have passion for their work? Even worse is the impact employee disengagement has on economy: employee disengagement costs more than $500 billion per year to the U.S. economy alone. Knowing all of this, I ask you, “What can your business do to address this major disengagement issue?”

Start with listening to your employees. By receiving honest feedback from employees, you can quickly determine what it takes to engage them. You’ll be aware of what your workforce is unhappy about as well as what they value most when it comes to working for your company.

The best way to receive honest feedback from employees is through employee surveys. Company-wide employee surveys are a valuable use of HR technology, and their results can yield important benefits for employee happiness and company transparency. Furthermore, with increasing emphasis on pulse surveys, companies have greater access to real-time metrics pertaining to employee engagement. Here are a handful of helpful tips for what you should look for when you’re putting together a survey for your employees.

1. Open-Ended Questions

When you’re measuring employee engagement, it’s best to leave room for employees to elaborate on specifics pertaining to their survey response. Human resources professionals need to hear about the details that make up worker safety and wellness, so it’s helpful to include some open-ended inquiries such as, “What can the company do to increase employee success?” With open-ended questions, employees get the opportunity to voice their opinion without any restrictions or influences.

2. Anonymity

You’re aiming for 100 percent participation in your employee engagement survey, and as leadership author Bob Herbold points out, anonymity is the best way to assure this. Quality HR technology software increases employee accountability by making sure that everyone has participated, while at the same time keeping individual responses private. It can also be useful in some cases to tailor the content of each survey to individual departments.

3. Individual Analytics for Each Topic

Many companies are looking to quickly institute their survey initiative, resulting in a survey that is narrow in its scope. According to USC research scientist Alec Levenson , this mistake can have major consequences when tallying the results of employee surveys. Typically, it exists when a company aims for simplicity by averaging each person’s responses into one single index number. Levenson explains that this number ends up being meaningless because it doesn’t lead to actionable insights. For this reason, it’s essential that each surveyed topic be analyzed separately.

4. An Action Plan

Of course, when you give out an employee survey, you’d like to see nothing but glowing praise and complete employee alignment with your organization’s mission and values. In the real world, however, you’re going to hear from some team members who are less than thrilled with the status quo. Research on surveying shows that 48 percent of disengaged employees say that they “would stay with a company that asks them what they want and puts that feedback into action.” Don’t forget that the main reason behind pushing out an employee survey is to discovers areas your business can improve on to boost employee engagement and happiness. Make sure to include questions about employee engagement that you are truly willing to address which will help course correct your company culture onto the right path.

5. Professional Expertise

Partnering with a professional survey provider yields numerous benefits and will yield a strong ROI in your employee retention and employee transparency numbers. You don’t have to reinvent the wheel, Monster.com points out that experts in the survey field can give you valuable benchmarking data for your industry. It’s helpful to know where you stand with respect to your competition.

The next time you decide to send a company-wide employee survey out, consider our list of five things to consider when crafting effective employee surveys. Instituting regular employee surveys is the best way to create a responsive work culture. With regular feedback being provided by your employees, you’ll have the opportunity to quickly address any negative aspects of your company culture. This in turn will help in recruiting and hiring top talent, thus ensuring your company’s long-term financial health.

Are you ready to listen to your employees? Get started with Achievers Listen, the future of employee engagement. Achievers Listen allows employees to provide feedback to management on day-to-day issues via check-ins and pulse surveys, and lets front-line supervisors track trends through manager alerts. Also included with Achievers Listen is Allie, an intelligent, digital “coach” that interacts with employees in a familiar conversational way, while guiding employees with effective feedback and providing recommendations back to managers.

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Important Pillars of HR

5 Pillars of a Successful HR Strategy

How successful is your current HR strategy? The role of the HR department has evolved over the years, transitioning from the traditional “hire and fire” arm of the business to a strategic position. Today, HR departments are not only responsible for recruiting new talent and onboarding employees, but also establishing a positive workplace culture and environment.

Juggling the traditional tasks with those that come with being an HR professional in the modern workplace can be challenging. When trying to meet the needs of the business and its employees, important details can often be overlooked.

Below are five HR pillars every organization should be aware of when developing or refining their HR strategy.

  1. Legal Requirements 

When onboarding an employee, it’s important that you follow and fulfill all legal requirements to ensure that you protect the business and the employee. For instance, every full-time employee should fill out an IRS W-4 form and I-9 form. Another important legal requirement is workers compensation.

Regardless of the working conditions, workers compensation is required of all businesses:

“If you have any employees—even just one—you are responsible for including workers’ compensation insurance (in most states) in your business insurance policy. This type of coverage exists to protect you, your business, and your employees in case any of them get hurt or sick while working for you.” – Experts at USA Business Insurance.

You may also need directors and officers and general liability insurance to protect employees from potential issues with customers.

  1. Employee Engagement

Did you know that only 33 percent of employees in the United States are engaged in their jobs, according to Gallup’s “2017 State of the American Workplace” report? In fact, employee engagement as a whole increased only 3 percent from 2012 to 2016, according to the aforementioned report.

Employee engagement is critical to a company’s success. After all, an engaged employee is a productive one. To increase employee engagement, bring the following into your culture and HR processes:

  • Gamification: Incorporate gamification into employee activities, such as achievement-tracking and peer competition.
  • Incentives: Financial and non-financial incentives, such as rewards and recognition, give employees something to work toward. In addition, they reinforce attitudes and behaviors that will help the organization succeed.You can make the process of tracking these incentives, and the milestones that designate them, with an employee recognition and engagement platform such as Achievers.
  • Employee Surveys: Conduct surveys on a regular basis to let employees know that their voice is being heard and valued.
  1. Career Advancement Programs

An organization’s biggest and most precious investment is its employees. Yet, many organizations don’t invest enough in the development of their employees. A career advancement program helps sustain employee engagement, as employees are given the opportunity to progress both personally and professionally.

In addition, it helps nurture talent within the organization, reducing the time and costs associated with hiring outside employees.

A successful career advancement program should help employees set achievable goals and offer in-house training sessions. Toastmasters International, for example, is a communication and leadership development program that teaches employees to become more effective communicators.

  1. Corporate Image

Maintaining a strong, positive corporate image is important, helping you attract top talent to a growing team. The HR department plays a critical role in upholding an organization’s image:

“Specifically, you [HR professional] should think about how your branding is reflected in your recruitment efforts, workplace and involvement in social media,” – Tiffany Aller, ADP’s Spark blog.

Aller suggests asking yourself the following questions:

  • If your branding revolves around innovation, does your company culture reflect that?
  • Are your branding campaigns focused on technology—and does your staff have access to the newest and latest equipment?
  • How is your company reflected on social media, both formally through company channels and informally through individual employees?”
  1. Performance Management System

To make goal-setting successful, you need to have a tracking system in place. Without an advanced performance management system, it’s difficult for employees to gauge their progress and stay motivated in reaching their goals. Not to mention, keeping track manually can get messy and is less reliable.

If you haven’t yet, invest in a performance management system that makes it easy for employees and managers to track and measure progress throughout the year. If you have trouble getting buy-in from decision makers, ask for a free 30-day trial of the product you like most. When your trial is up, you can show higher-ups the benefits, rather than tell.

Be a Modern HR Professional

Today’s human resource departments are responsible for much more than just hiring and firing employees. They play a strategic role in the day-to-day operations of the business, especially when it comes to employee engagement, necessary insurance, corporate brand and much more. When developing or updating your HR strategy or department, don’t forget these five important pillars.

To learn more about how to improve your HR strategy, check out this webinar recording Using Recognition to Drive Engagement – A Best Practice Guide with Scotiabank.

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About the Author
Jessica ThiefelsJessica Thiefels has been writing for more than 10 years and is currently a professional blogger and freelance writer. She spent the last two years working tirelessly for a small startup, where she learned a lot about running business and being resourceful. She now owns her own business and has been featured on Forbes. She’s also written for StartupNation, Manta, Glassdoor and more. Follow her on Twitter @Jlsander07 or connect on LinkedIn.

 

 

 

 

Woman Takes Employee Surveys for Employee Morale

How does that make you feel? Why employee mood is important

If you want to keep a pulse on your company’s health, you need to understand how engaged or disengaged your employees are feeling on a regular basis. It’s no longer sufficient to gauge employee satisfaction just once or twice a year. After all, if leadership, employee morale, or performance problems aren’t solved quickly, they can lead to a drop in productivity, job satisfaction, and customer service. Big data and frequent employee surveys are a great way to measure employee mood and satisfaction in real time.

Why companies need to understand their workforce

There’s a reason world-class companies are constantly assessing employee satisfaction: engaged employees are the engine that fuels growth, great ideas, and customer satisfaction.
It’s important to remember that employee engagement directly relates to the success of an organization. Would employees recommend other skilled people in the industry for a job at your company? Do they project a positive image when dealing with your clients and customers? Do employees feel they can openly approach supervisors with suggestions? If you don’t know the answer to these questions, then disengaged employees might negatively impact your business without you realizing it.

Stay on top of employee needs every day

Businesses are using real-time data to track their markets, their customers’ behaviors, their advertising performance, and more. So why don’t we start applying this same level of analysis to tracking employee engagement? Forget annual surveys: you should be measuring engagement on a weekly, if not daily, basis.

Frequent employee surveys will allow you to track the effects of changes in your business, such as new system implementation, changes in management, changes in company structure, or anything else that might affect engagement and morale.

Make smart changes based on employee feedback

Employee surveys are an excellent way to keep managers informed. Gather feedback on a variety of your business practices, including training, onboarding, work environment, leadership effectiveness, systems, and more. This feedback will empower you to take a data-driven approach to improving your processes, evaluating your leadership team, and improving employee engagement.

It’s also worth using survey data to influence business decisions. Will employees react positively to a merger? What benefits do they actually want? What do they think about your company’s new growth strategy? These are the kinds of important questions a survey can answer quickly to keep your business on track.

What if there was a Net Promoter Score for employee engagement?

social_reputationA company is only as good as its Net Promoter Score, or so the popular wisdom goes. Evangelists like the Harvard Business Review claim it’s “the one number you need to grow:” an objective, numerical representation of just how much your customers like you. Administered periodically, the Net Promoter Score (NPS) surveys a random sample of customers and asks how likely they are to recommend your company to a friend. As a snapshot of public feelings about you, it’s extremely helpful for identifying not only the prevailing sentiment in a given moment, but also trends and changes in perception over time.

The implications of a good NPS are obvious: happy customers are repeat customers, not to mention advocates for your brand. There has always been a strong correlation between customer satisfaction and company revenue, which is why businesses spend so much money on good customer service.  There’s no doubt about it: large companies are wise to keep an eye on their NPS—or any other customer satisfaction metric—to make sure they’re keeping consumers happy.

And yet, customer satisfaction is far from the only KPI that matters. Read more →