How to improve employee engagement in 2024 [10 steps]

What Is Employee Engagement?

Employee engagement refers to the level of commitment and involvement an employee has towards their work and the organization they work for. 

When employees are engaged, they are motivated and enthusiastic about their work and are more likely to contribute to the success of the organization. Engaged employees are also more likely to be productive, stay with the company for longer periods of time, and provide better customer service. 

On the other hand, disengaged employees may be less productive, more likely to leave the company, and provide poor customer service. Therefore, it is important for organizations to strive to increase employee engagement in order to improve business outcomes.

Why Is Employee Engagement Important?

Employee engagement is important because it can have a significant impact on an organization's performance. Research has shown that engaged employees are more productive and have a positive impact on an organization's bottom line. For example:

• A study by the Gallup organization found that companies with high levels of employee engagement had 21% higher profitability than those with low levels of employee engagement.
• A report by Aon Hewitt found that companies with high levels of employee engagement had a 10% higher customer satisfaction rating and a 20% higher sales growth rate compared to those with low levels of employee engagement.
• A study by the Society for Human Resource Management (SHRM) found that organizations with high levels of employee engagement had significantly lower absenteeism and turnover rates compared to those with low levels of employee engagement.

In addition to the financial benefits, employee engagement also leads to a more positive work environment and better employee well-being. Engaged employees are more likely to report being satisfied with their job and to have a positive work-life balance, which can lead to improved physical and mental health. As the best hr consultancy in Bangalore, we recommend following the 10 ways to increase employee engagement in 2024

Is there any relation between Employee Productivity & Engagement?

There is a relationship between employee productivity and engagement. Research has shown that engaged employees are more productive than disengaged employees.

Hare some research statistics on the relationship between employee productivity and engagement:

• A study by the Corporate Leadership Council found that engaged employees are 38% more likely to have above-average productivity.
• A report by the Workplace Research Foundation found that organizations with high levels of employee engagement had an average of 47% higher total return to shareholders compared to those with low levels of employee engagement.
• A study by the University of Warwick found that happiness leads to a 12% increase in productivity.
• A report by the Boston Consulting Group found that companies with highly engaged employees had 50% higher customer loyalty and a 20% higher sales growth rate compared to those with low levels of employee engagement.

These statistics demonstrate the strong relationship between employee productivity and engagement. Engaged employees are more likely to be motivated and enthusiastic about their work, leading to increased productivity and better business outcomes.

10 Powerful Steps to Improve Employee Engagement in 2024

Improving employee engagement is crucial for any organization as it leads to increased productivity, better retention rates, and overall better business outcomes. Here are 10 powerful steps that you can take to improve employee engagement:

1. Create a Sense of Purpose

Employees need to know what the company stands for and how their work fits into the larger picture. By clearly communicating the company's mission, vision, and values, you can help employees feel a sense of purpose and connection to the organization.

2. Invest in Employee Development 

Offer opportunities for career growth and development. Employees want to know that they have the opportunity to grow and advance within the company. Offer training and development programs, and encourage employees to take on new challenges and responsibilities.

3. Promote Open Communication

Creating an open and transparent culture where employees feel comfortable sharing their ideas and concerns is essential for employee engagement. Make sure to actively listen to employee feedback and take it into consideration when making decisions.

4. Show Appreciation

Recognizing and rewarding employees by showing appreciation for a job well done is a simple yet effective way to boost employee engagement. Consider implementing a recognition program or simply taking the time to personally thank employees for their hard work.

5. Build a Positive Culture

Encourage employees to work together and support each other. This can be achieved through team-building activities or simply by promoting a positive work culture where employees feel comfortable collaborating and helping each other out.

6. Provide a positive work-life balance

Employees are more likely to be engaged when they feel that their work and personal lives are in balance. Offer flexible work options and encourage employees to take breaks and vacation time when needed.

7. Ensure Fair Compensation

Employees want to feel that they are being fairly compensated for their work. Make sure to conduct regular salary reviews and offer competitive benefits packages.

8. ​​Encourage Work-Life Integration

Rather than trying to balance work and life, encourage employees to integrate them. This can be achieved through initiatives such as offering work-from-home options or providing resources to help employees manage their responsibilities outside of work.

9. Prioritize Health and Wellness

A healthy workforce is a more engaged workforce. Offer wellness programs or resources to help employees prioritize their physical and mental health.

10. Seek the help of an HR consultancy

If you're not sure where to start or need additional guidance, consider seeking the help of an HR consultancy. They can provide expert advice and support on how to improve employee engagement within your organization. If you're based in Bangalore, you can hire the best hr consultancy in Bangalore, which is known for its top-quality HR services in Bangalore.

Implementing these steps can go a long way in improving employee engagement and ultimately benefiting your organization. It's important to remember that employee engagement is not a one-time fix, but rather a continuous process that requires ongoing effort and attention.