Business Leadership Today

How To Maintain Employee Engagement in Difficult Times (8 Steps)

To maintain employee engagement in difficult times, leaders need to be adaptable to meet employees’ shifting needs by fostering a caring culture. In this article, we will look at the top eight ways leaders can keep their employees engaged and thriving in difficult times.

How Employee Engagement Affects Turnover

Employee engagement reduces turnover because engaged employees are less likely to leave their jobs. This helps organizations avoid the high costs associated with turnover that result from the recruitment and onboarding of new employees, loss of productivity, and effects of disengagement on performance. 

The Value of Employee Engagement

The value of employee engagement for organizations is evident in the high productivity, improved performance, low turnover, and increased profitability that result from it. Employee benefits include greater job satisfaction, a sense of purpose, improved well-being, and the feeling that they are valued. 

The Link Between Employee Engagement and Business Performance

Employee engagement is linked to business performance because it affects profitability, productivity, absenteeism, retention, and customer satisfaction. Engagement is also linked to a company’s ability to innovate and adapt more easily in times of change, which impacts its future performance. 

Employee Engagement Surveys Work Very Well… If Used Properly

Employee engagement surveys do work very well if they are used properly, as part of a well-thought-out strategy for improving employee engagement over the long-term.  However, if used improperly, engagement surveys can actually have a negative impact on employee engagement.

What Is A Fully Engaged Employee?

A fully engaged employee is an employee who is enthusiastic about their jobs, invested in the success of the organization, and dedicated to its mission. Fully engaged employees demonstrate their commitment through behaviors that help organizations perform well, grow sustainably, and improve profits.

The 7 Factors of Employee Engagement

The seven factors of employee engagement are strong leadership, a caring culture, meaningful work, regular feedback (including recognition), professional growth opportunities, the autonomy to work independently, and an inclusive work environment where employees feel free to be their authentic selves.

How Employee Engagement Affects Profitability

Employee engagement affects profitability in a variety of ways. Engagement can significantly improve productivity, safety, absenteeism, retention, and customer satisfaction. Engaged employees are also better at adapting and innovating, which are both necessary for sustainable profitability.

How Employee Engagement Affects the Financial Performance of a Company

Employee engagement can affect the financial performance of a company because it is tied to an employee’s performance, productivity, absenteeism, retention, and customer satisfaction. It can also impact a company’s ability to innovate and improve processes, which are both necessary for financial success.