The HR Daily have written an article explaining that nearly two in three workers are at risk of fleeing their jobs with the next 12 months. They say that there is a large proportion of the workforce with potentially itchy feet. Now that the job market shows signs of recovery, those people will feel more confident about making a move elsewhere.
"People systems" and leaders falling short
The HR Daily article follows the release of Organisational Effectiveness and Employee Engagement, a Right Management report based on a survey of nearly 29,000 workers from around the world.
It reveals that fewer than one in two employees believe they work in an organisation with the "people systems" and leaders capable of driving the "right behaviours", and only 54 per cent think their company has a "positive culture".
In Australia, some 36 per cent of workers are "committed to making the organisation a success", compared to 11 per cent in Japan, 43 per cent in New Zealand and 44 per cent in the US.
The transport, storage and communication sector has the lowest engagement levels (at 30%), followed by manufacturing (32%) and the retail trade (33%).
Mining has the highest engagement rates (48%), followed, at a distant second, by finance, insurance and business services (38%).
Tellingly, the survey also reveals a strong relationship between high levels of disengagement and low levels of perceived customer satisfaction, making it particularly difficult for employers to execute or achieve "steady business results".
Employers must strive to "engage and delight"
Employers must continuously "search for new and better ways to engage employees" and "delight customers and stakeholders", the report states.
But business leaders "have a long way to go to align and engage their employees to their strategy".
According to Beattie, engagement levels in Australia have been steadily declining over the last four years (from 38.1% in 2005 to 35.7% in December 2008).
"This decline in engagement isn't surprising, given the sense of dislocation during the global financial crisis," she says.
"However, it is concerning. Research has consistently shown that employee engagement is powerfully linked to a range of success factors, including productivity, customer satisfaction and staff retention.
"Employers battling their way out of the downturn really need to get it right. When the economy is tight... companies are even more dependent on the discretionary effort of their people; they need them to do more than simply turn up."
According to the report, engagement - or the degree of employee/organisational alignment - is driven by the skill, alacrity and support of leaders, customer relationships, training investment and competitive pay.
Achieving a truly engaged workforce, it says, hinges on "investing in the selection and development of capable leaders, employees' learning and development and getting reward systems right".
Employers must strive for "a 'fit for purpose' organisational structure where people understand what is expected of them and what they are accountable for".
This, in turn, should create a positive workplace culture, it says, in which the "systems, symbols and behaviours that leaders and other employees are exposed to" are aligned with the business strategy.
HR Daily have written an article explaining that the brands of top-performing companies are characterised by an emphasis on the experience of employees instead of customers.
The article explains that the “best employers” are differentiated from other employers in five key ways, one of these areas is leadership.
Leadership commitment
Leadership commitment is the fundamental starting point for high-engagement employers, David Clarke says. "This commitment is not about saying the right things, but exhibiting behaviours and making decisions that clearly signal people are their greatest asset."
The behaviour of leaders needs to demonstrate that developing and retaining strong talent is a critical element of business success, he says, "but their role goes beyond this. Leaders in 'best employer' organisations play a pivotal role in defining and championing the organisation's values and building a culture and an environment that values people".
Leaders, he says, set the tone through their openness, involvement and leadership style. "While they instil a strong sense of accountability, they also make a commitment to growing and stretching their people."
Clarke notes that while senior leadership is generally ranked in the top five most important engagement drivers during stable times, it ranks in the top two during times of change.
"Clearly, in the current economic environment, it is critical for leaders to demonstrate their commitment to the people in their organisation, and ensure that this message is effectively cascaded to managers."
1
Thank you to you all for your generous contributions to the St Vinnie’s CE..
Don Holley, Managing Director of Mindset, will be sleeping rough this winter at ..
Comments
Post has no comments.