Did you know that some studies show a company could increase revenues by up to 50% by improving the employee experience?
Revenue aside, the employee experience is core to our day to day feelings about work, no matter where we sit in the corporate hierarchy.
Tiffani Bova explores the topic in her recent book, and in this HBR piece.
The top 5 factors impacting the employee experience?
1. Mutual trust-- it motivates employees, promotes creativity and collaboration, improves retention, and reduces risk aversion, all helping the bottom line.
2. C Suite Accountability: Accountability is about leadership that is committed and responsive to both the business and its workers. This means a willingness to ask questions and actively listen to the answers.
3. Aligned employee values with company vision: Clear goals with well-defined milestones and success metrics connect employees to their company’s mission and help them understand their role in advancing it.
4. Recognize employee success: Recognition can be a cost-effective way to boost employee engagement, which has positive spillover effects on loyalty, retention, and productivity.
5. Seamless technology to reduce employees’ day-to-day friction. Streamline the number of apps and platforms employees use to make their day to day operations less onerous.
Great goals for all of us. Thank you Tiffani Bova!
#futureofwork #employeeexperience #EX
Logitech Business
Motivational Speaker ☆ WorkLife Wellness Activator ☆ Leadership Consultant ☆ SPEAK+ Coach
1yAsk questions. Listen to the answers. Yes!Great article.