Top Ten Employee Engagement Trends To Watch Out For In 2023
Employees are your biggest treasure!
Keeping them happy will benefit your society in a multitude of ways. Keeping your employees engaged by providing them with everything they need to succeed in their job roles is one of the best ways to ensure they truly feel appreciated and valued in the organization. A Gallup research states that engaged employees are 2.5 times more likely to report that they are highly productive than disengaged employees. Thus, investing in employee engagement is the need of the hour. Organizations are increasingly recognizing the importance of employee engagement in their workforce and searching for effective strategies to encourage it. Thus, organizations must keep up with the latest employee engagement trends.
This blog post aims to provide you with the top ten employee engagement trends you should look out for in the next few years to guarantee your company's success.
Before we dive deeply into it, let’s take a look at the concept of employee engagement.
So, buckle up, and let's get started!
What is Employee Engagement?
The term "employee engagement" denotes the degree of commitment, zeal, and excitement that employees feel for their professions and their organizations. It assesses how emotionally invested employees are in their profession as well as how much they care about the success of their organization. Employees who are engaged are typically more committed to their organization, more driven, and more efficient. Also, they are much more inclined to go over and beyond the call of duty to support the organization's overall performance. A range of elements such as employee experience, employee productivity, work culture, duties and responsibilities, management style, and opportunities for career development, have an impact on employee engagement.
Importance of Employee Engagement in the Workplace
Employee Engagement at your workplace is essential for several different reasons. Here are some significant considerations on why it's crucial:
- Improve Employee productivity
Employees that are more engaged at their workplaces are more productive, which can prove beneficial for the organization. Employees are more inclined to work much harder and more efficiently when they are interested in their professions and the performance of the company.
- Reduce Employee Turnover
Employees that are engaged are so much more likely to stay around the organization for the long haul. By doing so, you can lower employee turnover and the associated cost of recruiting, hiring, and educating new hires.
- Better Corporate Culture
The company culture is greatly improved when an organization works actively to increase overall employee engagement. The team's ethics and organizational philosophy are the main determinants of an organization's work culture. An engagement-centric strategy will raise your company's ethical standards and promote goodwill for your business within the sector. As a result, your company can hire more qualified employees.
- Enhance Business ROI
If your business has generated profits while your employees are disengaged, you cannot consider your business successful. Such success is erratic and temporary. It is crucial to consider complete employee engagement to achieve overall success for your business. Additionally, before working with your company, groups like shareholders, partners, suppliers, and investors take employee engagement into account.
- Enhance Customer Satisfaction
Employees that are engaged are much more likely to provide first-rate customer support. They have a large role in ensuring that consumers are satisfied and are more willing to go the extra mile to fulfill their requirements.
- Reduce Employee Absenteeism
Employee engagement is essential due to its ability to lower absenteeism in the workplace. Your employees would hardly miss a day of work if they genuinely enjoyed their jobs and looked forward to going in each day. They would also keep up good attendance.
Amazing Statistics of Employee Engagement
- According to Gallup's 2021 State of the Global Workplace report, only 20% of employees worldwide are actively engaged in their work. The same report found that engaged employees are 17% more productive, have 41% lower absenteeism, and are 21% more profitable than disengaged employees.
- A 2021 study by Glint found that 85% of employees who feel valued at work are also more engaged. The same study found that employees who receive feedback regularly are 3.5 times more likely to be engaged than those who do not.
- According to a 2021 report by Achievers, 57% of employees would consider leaving their current job for one that offered better recognition.
- A 2021 survey by LinkedIn found that 93% of employees would stay at a company longer if it invested in their careers.
Now, let’s look at the top 10 employee engagement trends that are going to dominate modern workplaces in 2023 and beyond.
Top Ten Employee Engagement Trends
It goes without saying that by staying up to date with the leading employee engagement trends, corporate world can discover new strategies and best practices for creating a positive work culture and enhancing employee engagement, experience, satisfaction and overall employee performance. These advanced trends can also help organizations and businesses address the evolving needs of their employees, including the rising demand for work-life balance, seamless employee support, personalized employee experience and career development opportunities.
Here at Rezolve.ai, we've compiled a list of top-leading employee engagement trends to help organizations differentiate themselves, attract and retain talent, and grow.
Trend #1: Personalized Employee Support
Most employees are stuck doing tedious tasks every day, thus decreasing employee satisfaction levels. They do not have the time to concentrate on demanding, specialized tasks and often feel overburdened. According to a study by the Harvard Business Review, tedious work can reduce employee productivity by up to 40%. This is because employees may become bored, disengaged, or distracted when performing repetitive or monotonous tasks. To maintain high employee satisfaction in your organization, you should ensure the right help to your employees at the right time.
Employees who feel supported and valued by their employers are more likely to be satisfied with their jobs. This can increase employee productivity, better performance, and a more positive work environment.
Trend #2: Seamless Employee Onboarding Experience
There is no doubt that the best time to acquaint new hires with their job, team, goals and the mission and vision of the company is during onboarding. It creates the first and best impression of your organization among your new hires. Employees will benefit from feeling like they are a part of your business. A Robert Half survey states that 59% of professionals surveyed said they had a bad onboarding process.
A successful onboarding process will provide your new hires with information about the position and workplace culture and inspiration for achieving their objectives. A Happeo research states that a great onboarding experience is significant for organizations as it can retain more than 69% of employees for at least three years. Thus, organizations should invest in a robust and personalized employee onboarding process in order to boost employee productivity, engagement and seamless employee experience.
Trend #3: Focus on Employee Well-being
It is crucial to provide appropriate mental health support to employees to enhance the company's performance and ensure their well-being. The following are some methods that businesses can implement to assist their employees' psychological well-being.
- Create a Supportive Workplace that Promotes Collaboration and Open Discussions
This will ensure that employees are valued and encouraged. Employers can establish a pleasant company culture by recognizing employee accomplishments, encouraging work-life balance, and providing opportunities for career development.
- Urge Employees to Prioritize their Personal Lives Over Work
This can help employees feel less overwhelmed and manage stress. Organizations can foster work-life balance by providing flexible work hours, overtime pay, paid vacations and prohibiting corporate emails and calls after business hours.
Having access to mental health options, like psychotherapy, counseling, or employee assistance programs (EAPs), can assist employees in dealing with psychological problems as quickly as they occur.
- Ensure Managers and Supervisors are Aware of Mental Health Challenges
A supportive organizational atmosphere can be established by informing managers about the importance of mental health and how to support employees who may be going through a difficult time.
Trend #4: Hybrid Work Arrangements
The following are a few ways that hybrid work environments, which combine remote and in-person employment, might enhance employee engagement:
Hybrid organizations give employees more choice over when and where they work from. Employees' overall employment satisfaction and engagement may rise as a consequence of being able to more effectively balance their professional and private lives and regulate their stress.
- More Autonomy
Autonomy for employees' activities can also enhance employee engagement. Employee autonomy to manage their own responsibilities and timetables in a hybrid work environment may enhance their sense of duty and accountability.
- Reduced Commuting
For employees, the ride to work can be difficult and exhausting. Employees may have the option of working from home in a hybrid workplace, which can alleviate commuter stress as well as improve balance between work and life.
- Advanced Technology
Remote engagement and communication are commonly made feasible in hybrid work environments by advanced technologies. Even if they are not physically available together, this can create novel possibilities for colleagues to socialize and interact. AI-powered employee engagement tools make collaboration in remote environments easier.
- Better Communication
Both managers and employees must communicate effectively and consistently in hybrid work situations. This might encourage a culture of transparency and openness that would boost employee engagement.
Trend #5: Diversity, Equity, and Inclusion (DEI)
Employee engagement can be strongly influenced by inclusion and diversity in the workplace since people are more likely to be more engaged in their workplace when they’re appreciated and acknowledged for their unique characteristics. Here are some ways you can ensure the maintenance of diversity, equity and inclusion in your organization:
- Hiring and promoting employees from diverse backgrounds can help create a more inclusive and engaged workforce. It's important to create a workplace culture that encourages and celebrates diversity in all its forms.
- Provide training and education to employees on topics such as unconscious bias, cultural sensitivity, and diversity and inclusion. This can help employees understand and appreciate the differences among their colleagues and create a more inclusive workplace.
- Celebrate diversity and inclusion through company events, such as cultural heritage months or diversity and inclusion initiatives. This can help build a sense of community and belonging among employees.
- Ensure employees' suggestions are heard irrespective of their gender, cultural background, sexual orientation.
- Have strict rules against discrimination of any sort.
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Trend #6: Continuous Training, Learning and Development
Employee engagement can be enhanced with the assistance of continuous development and education. Employees are much more likely to be engaged and committed in their profession when they recognize opportunities for progress and expansion throughout their careers and organization. How can you make that happen? Here's how:
AI-powered modern service desks can be a great way to ensure continuous learning and development of employees. It provides unlimited access to training materials, relevant online courses and other professional development opportunities. It helps employees stay on top of the latest trends and acquire a competitive advantage over competitors.
Ensure a culture of appreciation for employees who constantly upskill themselves. When achievers get appreciated and recognized, their peers are also motivated.
Trend #7: Technology and Innovation
Employee engagement can be substantially enhanced in a multitude of manners owing to advances in technology and creativity.
Here's some ways that innovation and technology might be beneficial:
- AI-powered service desks can solve all your employee support issues. Implementing a modern service desk that leverages the power of conversational AI and machine learning (ML) can help organizations to elevate their employee engagement level by providing right employee support, auto resolving their queries and automating repetitive tasks, such as data entry or scheduling, which can free employees to focus on higher-level tasks that require human decision-making and creativity.
- Tools like AI-powered smart chatbots are programmed to provide accurate and consistent information, which helps eliminate human errors that can occur while looking up information. They are available 24/7, meaning employees can access information at any time without waiting for human support. AI-powered chatbots can be programmed to understand the individual needs of employees and provide personalized responses based on their previous interactions and preferences.
- New communication techniques may enhance the exchange of knowledge between employees and management. Digital platforms that enable staff to engage in discussion, opinions, and recommendations are included in this category. These platforms can also give employees instant feedback, which can keep them inspired and involved.
- Businesses can create and oversee incentives and employee recognition more effectively thanks to technology. Digital platforms can make it simpler to acknowledge and monitor employee achievements, which can boost motivation as well as engagement.
Trend #8: Focus on Recognition and Feedback
There are numerous ways that innovation and technology can enhance employee engagement.
Tools enabling virtual collaboration are becoming highly significant with the development of remote work, notably project management software, chat and messaging apps, and video conferencing. These tools assist employees in staying engaged and connected to their colleagues and their job.
Gamification refers to applying game principles and elements to non-game contexts in order to engage and motivate users. Businesses can increase employee satisfaction and motivation by gamifying work procedures to make tasks more exciting and gratifying.
A positive, progressive, and motivating work environment is not only the best step towards employee engagement, in the long run, it's beneficial for your organization. Investing in employee engagement is a win-win for both employees and employers.
When employees feel engaged and motivated, they are more likely to perform at their best, contributing to the overall success and growth of the company.
Trend #9: Focus on Leadership Development
Organizations are focusing on developing leadership skills among employees at all levels of the organization, not just those in managerial positions. This can improve employee engagement by creating a culture of continuous learning and development.
Leadership development is a key trend in employee engagement, as organizations recognize that strong leadership is critical to the success of the organization.
Here are some ways that organizations are focusing on leadership development:
- Leadership Training Programs
Organizations are investing in leadership training programs that provide employees with the skills and knowledge they need to become effective leaders. These programs may include workshops, seminars, mentoring, coaching, and on-the-job training.
- Succession Planning
Organizations are identifying and developing potential leaders within the organization to ensure a smooth transition when current leaders retire or move on. This involves creating a pipeline of talent and providing opportunities for development and growth.
- Leadership Assessments
Organizations are using assessments to identify employees who have the potential to become leaders, and to determine their strengths and development areas. This information can be used to create personalized development plans that focus on the individual's specific needs.
Trend #10: Focus on Social Responsibility
Employees are increasingly interested in working for organizations that prioritize social responsibility and environmental sustainability. It is essential for organizations to take steps to incorporate social responsibility into their operations and communicate their efforts to employees. Here are some ways that organizations are incorporating social responsibility into their operations:
Organizations are taking steps to reduce their environmental footprint by adopting sustainable practices such as reducing waste, conserving energy, and using renewable resources.
- Corporate Social Responsibility (CSR)
Many organizations have established CSR programs that focus on giving back to the community, supporting social causes, and promoting ethical business practices.
- Ethical Sourcing
Organizations are increasingly focused on ethical sourcing, ensuring that their suppliers meet ethical and environmental standards and that they are not involved in human rights abuses or other unethical practices.
We all know that happy employees lead to happy and successful organizations. Employee engagement is a critical factor for organizations seeking to attract and retain top talent, increase productivity, and drive business success. As the workplace and the workforce continue to evolve, organizations must adapt to the latest employee engagement trends to meet the changing needs and expectations of employees.
Because keeping up-to-date with the advanced employee engagement trends is critical as it result in various benefits such as:
- Increased Employee Satisfaction
- Enhanced Employee Experience and Productivity
- Attract and Retain Top Talents
- Improved Organizational ROI
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- How can employers measure employee engagement?
Employers can measure employee engagement through surveys, interviews, and feedback sessions. They can use standardized engagement surveys or develop their own questions to assess employees' attitudes towards their work and the organization.
- What are the consequences of low employee engagement?
Low employee engagement can lead to decreased productivity, lower job satisfaction, higher rates of absenteeism and turnover, and a negative impact on organizational culture and reputation. It can also lead to decreased customer satisfaction and reduced profitability.
- How can employers maintain high levels of employee engagement over time?
Employers can maintain high levels of employee engagement by regularly assessing and addressing employee needs and concerns, providing ongoing opportunities for development and growth, maintaining a positive work environment, and recognizing and rewarding employee contributions.
- What are some factors that contribute to employee engagement?
Factors that contribute to employee engagement include a positive work culture, opportunities for growth and development, recognition and rewards, meaningful work, and effective communication and feedback.