A new HR.com survey finds that the failure to implement a strategic approach to engagement has come home to roost, with 4 million Americans resigning their jobs in one month alone.
The key findings of the recent HR Research Institute survey of 374 human resources executives, finds that:
“Companies recognize the value of employee engagement, but do not prioritize it. While participants think that engagement positively impacts customer service (76%), well-being (74%), company brand (73%), retention (72%), and productivity (72%) to a high or very high degree, just 30% indicate senior leaders prioritize engagement, and only 24% say they invest enough in engagement-related resources.”
“Although a majority of organizations measure and share engagement, more than a third do not, and there is no consensus on the best way to measure it. A full 88% think there are reliable ways to measure engagement, but only 63% measure it and most commonly rely on performance management system metrics (55%).”
“Managers lack appropriate training to coach and develop employees toward a positive working culture. Only 31% train their managers in how to boost employee engagement, 43% provide career growth advice and associated opportunities to high degrees, and about half (48%) say managers spend the time coaching employees to develop strengths to a high or very high degree.”
The survey was sponsored by Workhuman, Terryberry, Achievers, Open Sesame, Harrison Assessments, Bonusly, Motivosity, Culture Amp, Blueboard and Nivati.
Master the “S” of Environmental, Social, Governance (ESG), A.k.a. Stakeholder Capitalism
The Enterprise Engagement Alliance at TheEEA.org is the world’s first and only organization that focuses on outreach, certification and training, and advisory services to help organizations achieve their goals by fostering the proactive involvement of all stakeholders. This includes customers, employees, distribution and supply chain partners, and communities, or anyone connected to an organization’s success.
Training and Thought Leadership
- Founded in 2008, the Enterprise Engagement Alliance provides outreach, learning and certification in Enterprise Engagement, an implementation process for the “S” or Social of Stakeholder Capitalism and Human Capital Management and measurement of engagement across the organization.
- The Enterprise Engagement Alliance provides a training and certification program for business leaders, practitioners, and solution providers, as well as executive briefings and human capital gap analyses for senior leaders.
- The EEA produces an education program for CFOs for the CFO.University training program on Human Capital Management.
- Join the EEA to become a leader in the implementation of the “S” of ESG and Stakeholder Capitalism.
Engagement Digital Media and Marketplaces
- The ESM information portal and The Enterprise Engagement Advisors Network solution provider marketplace cover all aspects of stakeholder engagement, and the EEA information library lists dozens of resources.
- The RRN information portal and Brand Media Coalition marketplace address the use of brands for gifting, incentives, recognition, and promotions. The BMC information library provides information and research resources.
The EEA Human Capital Management and ROI of Engagement YouTube channel features a growing library of 30- to 60-minute panel discussions with leading experts in all areas of engagement and total rewards.
- Enterprise Engagement for CEOs: The Little Blue Book for People-Centric Capitalists. A quick guide for CEOs.
- Enterprise Engagement: The Roadmap 5th Edition implementation guide. A comprehensive textbook for practitioners, academics, and students.
Enterprise Engagement Advisory Services
The Engagement Agency helps:
- Organizations of all types develop strategic Stakeholder Capitalism and Enterprise Engagement processes and human capital management and reporting strategies; conduct human capital gap analyses; design and implement strategic human capital management and reporting plans that address DEI (Diversity, Equity, and Inclusion), and assist with managed outsourcing of engagement products and services.
- Human resources, sales and marketing solution providers profit from the emerging discipline of human capital management and ROI of engagement through training and marketing services.
- Investors make sense of human capital reporting by public companies.
- Buyers and sellers of companies in the engagement space or business owners or buyers who seek to account for human capital in their mergers and acquistions.
For more information: Contact Bruce Bolger at Bolger@TheICEE.org or call 914-591-7600, ext. 230.