Employee Engagement Pat Smith 2017-08-14T19:36:21+00:00
Employee Engagement is the level of emotional commitment employees have to their organization and its goals. Engagement goes beyond satisfaction or happiness – it’s a deep, heartfelt connection that drives a team member to go above and beyond. Whether you manage one hundred people or just a small team of three, it’s important to understand employee engagement and how to improve it.
Better Bottom Line Results
Many studies have demonstrated that engaged employees work harder, develop more creative ideas, and contribute in more positive ways to your company’s culture. This translates to a considerable financial return. For example, Standard Chartered Bank found that branches with a statistically significant increase in levels of employee engagement (0.2 or more on a scale of five) had a 16% higher profit margin growth than branches with decreased levels of employee engagement.
Lower Turnover Rate
BlessingWhite (a division of GP Strategies) found that 81% of engaged employees plan on remaining with their current organization for the next twelve months. This number drops to 23% among the disengaged. Engaging your employees is important in order to make sure that you’re keeping those key team members on board for the long haul.
More Satisfied Customers
Keeping your clients happy is absolutely essential if your business is to be successful. Engaged employees put in the extra effort to keep your customers happy, and your customers will be able to tell. That’s why employee engagement is vital not only for C-level executives, but for members at every level of your team – and most importantly, for your team members who are consumer-facing.
See How Co.tribute Drives Engagement…
On the Co.tribute platform, your team will work together to impact lives in ways they find compelling and inspiring, leading to cross-department team building. Ignite generosity within your team by directing their attention to pre-made campaigns with tangible goals. Our commenting and sharing features allow for employees to give together and invite others into the process. They’ll also be able to see the impact that your company has had together, leading them to feel even more connected to your organization.
Real Time Impact Reporting
See the global impact of your donations and purchases in real time, and communicate the results to your users easily. Co.tribute’s dynamic dashboards update instantly to show you how and where your team is making a difference. Your employees will be able to see exactly how their funds are being used, and will receive detailed updates from our Impact Partners that will motivate them to keep giving. Users are given plenty of options to choose from in the process, allowing for a sense of autonomy and individual ownership when it comes to impact.