silent killers of employee engagement...

1
Now that you know these silent killers are lurking around the office, you can jumpstart your engagement program with these cures. A robust voluntary benefits package is a great place to start. 1 2014 Harris Poll, 2 2014 Harris Poll, 3 Unum, Beyond the Usual Benefits, 4 2014 Harris Poll, 5 SHRM, 2014 Employee Job Satisfaction and Engagement Report, 6 Aon Hewitt, 2014 Trends in Global Engagement Report, 7 SHRM, 2014 Employee Job Satisfaction and Engagement Report “Purchasing Power” is a registered trademark, of Purchasing Power, LLC. Other trademarks or registered trademarks used are the property of their respective owners. Pub. Date 01.2015 © 2015 Purchasing Power, LLC. All rights reserved VOLUNTARY BENEFITS 77% say they’d be interested in voluntary benefits to help with their financial wellness. 2 Don’t forget to communicate! Employees whose benefits are clearly communicated are more likely to go the extra mile and support their company’s values. 3 FINANCIAL STRESS 33% of employees spend time at work dealing with personal financial issues. HOW MUCH? On average, nearly 7 hours a month. 1 BALANCE CULTURE Foster a culture that encourages taking time off and allows employees to truly unplug from the office. Allow for greater independence. Communicate goals and allow employees to decide how best to achieve them. Set firm guidelines to prevent abuse. FLEXIBILITY AND WORK-LIFE BALANCE 20% feel they don’t have proper work-life balance. THEIR TOP CONCERNS: Not being able to take care of their health and burnout. 4 CAREER PATHING Provide clear paths for development. Offer training opportunities, like job shadowing, and encourage cross-departmental projects where time allows. POOR MOBILITY Employees are least satisfied with career development and networking opportunities, key indicators of engagement. 5 But that’s been the top driver of engagement for the last 3 years. 6 PERFORMANCE AWARDS Try giving employees public recognition through company intranet, town halls and email updates. Consider spot bonuses, gift cards or other financial compensation. FEELING UNRECOGNIZED 24% are unsatisfied with management’s recognition of their performance. 50% SAY THIS IS A KEY MEASURE OF THEIR SATISFACTION. 7 DEAD END The Silent Killers of Employee Engagement and How to Cure Them CURE KILLER Engagement is at the top of your mind every year, but measuring, increasing and maintaining it is pretty tricky. Surveys can only tell you so much. Perks and rewards programs have their limits, especially when silent killers are lurking, ruining your engagement strategies. Read on to learn what they are and how to cure them. READ EBOOK ON VOLUNTARY BENEFITS

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Now that you know these silent killers are lurking around the office, you can jumpstart your engagement program with these cures. A robust

voluntary benefits package is a great place to start.

12014 Harris Poll, 22014 Harris Poll, 3Unum, Beyond the Usual Bene�ts, 42014 Harris Poll, 5SHRM, 2014 Employee Job Satisfaction and Engagement Report, 6Aon Hewitt, 2014 Trends in Global Engagement Report, 7SHRM, 2014 Employee Job Satisfaction and Engagement Report

“Purchasing Power” is a registered trademark, of Purchasing Power, LLC. Other trademarks or registered trademarks used are the property of their respective owners.

Pub. Date 01.2015 © 2015 Purchasing Power, LLC. All rights reserved

VOLUNTARY BENEFITS 77% say they’d be interested in voluntary bene�ts

to help with their �nancial wellness.2

Don’t forget to communicate! Employees whose bene�ts are clearly communicated are more likely to go the extra

mile and support their company’s values.3

FINANCIAL STRESS33% of employees spend time at work dealing withpersonal �nancial issues.

HOW MUCH?On average, nearly 7 hours a month.1

BALANCE CULTURE Foster a culture that encourages taking time off and allows employees to truly unplug from the of�ce.

Allow for greater independence. Communicate goals and allow employees to decide how best to achieve them.

Set �rm guidelines to prevent abuse.

FLEXIBILITY AND WORK-LIFE BALANCE20% feel they don’t have proper work-life balance.

THEIR TOP CONCERNS:Not being able to take care of their health and burnout.4

CAREER PATHING Provide clear paths for development.

Offer training opportunities, like job shadowing, and encourage cross-departmental projects

where time allows.

POOR MOBILITYEmployees are least satis�ed with career development and networking opportunities, key indicators of engagement.5

But that’s been the top driver of engagement for the last 3 years.6

PERFORMANCE AWARDS Try giving employees public recognition through company intranet, town halls and email updates.

Consider spot bonuses, gift cards or other �nancial compensation.

FEELING UNRECOGNIZED24% are unsatis�ed with management’s recognition oftheir performance.

50% SAY THIS IS A KEY MEASURE OF THEIR SATISFACTION.7

DEADEND

The Silent Killers of Employee Engagement

and How to Cure Them

CUREKILLER

Engagement is at the top of your mind every year, but measuring, increasing and maintaining it is pretty tricky. Surveys can only tell you so much. Perks and rewards programs have their

limits, especially when silent killers are lurking, ruining your engagement strategies.

Read on to learn what they are and how to cure them.

READ EBOOKON VOLUNTARY BENEFITS