Drivers of Employee Engagement
Employee Engagement has transcended from being the latest business buzzword to being recognized by organizations as a tool that positively influences business performance. This linkage between organization performance and employee engagement was researched by ISR in 2006 by means of world-wide survey.
The ISR study reveals that companies with high engagement scores saw an increase of more than 25% in EPS (Earnings per Share), while companies with low engagement scores saw a decrease of 11% in EPS. The results confirm the belief of many that engagement positively influences business performance.
Hence, it is vital for companies to understand what causes employee engagement if they want to influence the effect i.e. Employee Engagement. By understanding these drivers and leveraging them, organizations can try and manage engagement levels of their employees.
So what drives employee engagement? Several theories have been propounded that focus on the rational and emotional aspects of engagement. Some even focus on the tangible and intangible aspects of engagement. Mercers Whats Working studies reveal that engagement drivers differ by geography, by industry and even by time.
While there is no one panacea for leveraging employee engagement, there are some broad drivers which are presented below:
We shall explore in each of the above mentioned drivers of engagement in the following chapters.
- Employee Engagement Initiatives
- Types of Employees
- Employee Engagement Strategies
- Job Role and Employee Engagement
- How to Engage Women Employees ?
Authorship/Referencing - About the Author(s)
The article is Written By Prachi Juneja and Reviewed By Management Study Guide Content Team. MSG Content Team comprises experienced Faculty Member, Professionals and Subject Matter Experts. We are a ISO 2001:2015 Certified Education Provider. To Know more, click on About Us. The use of this material is free for learning and education purpose. Please reference authorship of content used, including link(s) to ManagementStudyGuide.com and the content page url.