Employee Engagement: Way More than an Annual Survey Score
Seattle, WA, May 21, 2013 - New i4cp research reveals specific practices used by high-performance organizations to drive engagement and measure its impact on revenue growth.
The Institute for Corporate Productivity (i4cp), a research organization that focuses on revealing the people practices that drive market performance, has released new research that details how engagement at high-performance organizations is promoted by aligning culture, strategy and performance; all of which work together to drive business results. In fact, high-performance organizations are more than 4.5 times more likely than low-performance organizations (63% vs. 13%) to measure the impact of engagement on revenue growth.
i4cp's new report, Employee Engagement Strategies and Practices, reveals four essential practices that high-performance organizations implement that have a positive impact on overall employee engagement. At these high-performance organizations, engagement is the result of a series of activities that are embedded into every step of the employee life cycle; from portrayal of the employer brand, recruiting, and employee onboarding, to leadership, learning and development, performance management, and rewards and recognition.
A critical element of alignment is a corporate culture that makes employee engagement the responsibility of frontline managers and top leadership rather than an activity wholly owned by human resources. Frontline managers are the linchpin for building and sustaining engagement, which is why one of the best employee engagement practices supported by i4cp research is to include engagement as part of each manager's performance review--high-performance organizations are twice as likely as low-performance organizations (40% vs. 19%) to do this.
In addition to revealing specific actions organizations should take to drive engagement, Employee Engagement Strategies and Practices also includes detailed case studies from Jack in the Box, 3M and Rio Tinto, which offers a behind-the-scenes peek into how these high-performance organizations are actively driving engagement.
More information about this study can be found on the i4cp website, and i4cp members have exclusive access to download the full report now.
i4cp focuses on the people practices that make high-performance organizations unique. Years of research make it clear that top companies approach their workforces differently. In recognition of our status as the largest and fastest-growing network of its kind, i4cp was named to the prestigious 2012 Inc. 500|5000 list. We work with our network of organizations to:
- Reveal what high-performance organizations are doing differently
- Identify best and next practices for all levels of management
- Provide the resources to show how workforce improvements have bottom-line impact
Through our exclusive, vendor-free network―in which peers collaborate to drive strategic research, as well as share tools and insights—i4cp provides a unique, practical view of how human capital practices drive high performance. For more information, visit http://www.i4cp.com/