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What to do with your disengaged workforce?
Manage episode 435759977 series 2904195
Brad Herda and Steve Doyle, Brad Herda, and Steve Doyle에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Brad Herda and Steve Doyle, Brad Herda, and Steve Doyle 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
How can businesses boost employee engagement and combat the staggering $8.9 trillion lost annually to disengaged workers?
In this episode, we dissect a Fox Business article on how companies are beefing up "emotional salary" to address today's disengaged workforce. We discuss the difference between unengaged and actively disengaged employees, and brainstorm solutions.
We emphasize the importance of leadership actively engaging with employees through regular in-person conversations and interactions. We discuss implementing incremental advancement opportunities and clear expectations to provide a sense of purpose and community at work. The challenge is to try and benchmark financials and consider what small changes could have a big impact on engagement and profitability.
Highlights:
- Leadership Must Engage: Effective leaders need to regularly interact with employees in-person to build relationships and a sense of community. An example shared would be having management walk around to prevent leaders from only showing up when there are problems.
- Clear Expectations and Advancement: Implementing incremental advancement opportunities tied to small pay bumps provides clear expectations for employees to develop skills and see a growth path. This drives engagement.
- Purpose Matters Most: While perks and benefits are nice, providing a clear mission, vision and values that leadership exemplifies is most important for employee engagement. People need to feel part of something bigger.
- Benchmark Your Engagement Cost: We challenge you to compare your Q2 financials to industry benchmarks. With disengagement costing $8.9 trillion annually, even small companies are likely losing hundreds of thousands a year.
- Small Changes Drive Profits: Courageous companies willing to make small, incremental changes to boost engagement will see a profound impact on culture, innovation and bottom-line profitability. The co-hosts urge businesses to take action.
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