Over 85% of India Inc. agrees that employee engagement activities are crucial in employee retention, says a report by Genius Consultants Ltd.
National, 10th October 2022: Genius Consultants Ltd., one of India’s largest recruitment and staffing service companies, recently conducted a Digipoll survey on “Employee Engagement, Employee Mobility and its impact on Employee Retention”. An overwhelming 85% of India Inc believes that employee engagement activities are crucial in employee retention as it ensures that employees are at ease with their jobs and co-workers, which increases their trust in the workplace culture and decreases the rate of attrition.
According to the nationwide survey, 83% of 891 participants agree that employee engagement programs are one of the crucial key factors for achieving high performance from employees in the organization. In the opinion of more than 85% of participants, employee engagement is significantly impacted by career mobility programs. Re-structuring the organizational constitution to provide deserving promotions could also work as a strong morale boost. Additionally, discussion on career trajectory with employees and assisting them in achieving these goals also increases employee engagement and encourages them to stay with the company longer because they feel like their careers are progressing.
89% of participants have voiced that Employee Engagement activities contribute to the development of employee loyalty and organizational
commitment. The survey also reveals that individuals who are devoted to their organization and engaged at work are happier and prouder of their employer which gives impetus to on-the-job performance.
40% of respondents accept that Employee mobility resulting in location transfers can have a negative impact on employees while the lockdown work model is still in effect because employees still prefer to work in a hybrid mode, making it difficult to transfer them to another location, while 41% of respondents said that they may be open to adopting a new workplace in the future.
Over 86% of participants think that an employee’s opinion should matter when the management decides to make an interdepartmental transfer. Even if management takes the decisions that would help the growth of an organization, it must also align with the employee’s personal growth. Thus, management mustcreate and follow a transfer policy that smoothens the transition and includes the consideration of pay hikes, designation, role, and responsibilities too.
Furthermore, 45% of participants think that virtual engagement initiatives like HR Connect, online fun at work initiatives, internal newsletters, and comparable activities are efficient and helpful for an organization as this promotes the psychological, emotional, and spiritual well-being of their employees. These initiatives don’t just provide a welcome break from work but also strengthen people’s competitive abilities.and help them to adopt positive and healthy behavior at work.
Commenting on the survey, R P Yadav, CMD, Genius Consultants Ltd., said, “With the post-pandemic scenario, employee engagement programs ensure fair and impartial process. Additionally, companies and leaders must be mindful of the challenges & advantages of employee mobility as it is not only about retention, culture, and improving diversity, but also about developing a learning culture in the organization.”
He further added, “We conducted this survey with the goal of better understanding how employee engagement and mobility affect employee retention. The outcome gave us a thorough understanding of how workplace wellness policies, benefits, and perks are evolving in the post-pandemic environment to support employees as they recover and de-stress and, in the long run, increase productivity, motivation, and engagement in addition to increasing retention. We firmly believe that such surveys like this should be carried out to gather crucial industry viewpoints on critical subjects.”
Communication, growth & development, recognition, appreciation, trust, and confidence are all important components in driving employee performance was the derived conclusion of the survey.