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7 Practical Solutions to Power Employee Engagement

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bamboohr.com jobvite..com 7 Drivers That Power Employee Engagement 7 Primary Drivers of Employee Engagement
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Page 1: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

7 Primary Driversof

Employee Engagement

Page 2: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Rachel BitteChief People Officer

Jobvite@rachelebitte

Rusty LindquistVP HCM Strategy & IP

BambooHR@rustylindquist

Page 3: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

CEO’s rate human capital as their top challenge

3 years in a row

McKinsey and the Conference BoardCEO Challenge 3016

Page 4: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

- Ram Charan

BUSINESSES

PEOPLE DOdon’t create value;

Page 5: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

War for talent is increasingly

a defensive game.Forcing us to optimize, engage, and retain our existing human resources.

Page 6: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Page 7: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

HR’s Focus

HR spends less than 15% of its time as a strategic business partner, and spends most of it’s time dealing with the implementation and administration of HR policies and practices.

But when HR is involved, organizations function better, and are much more successful.

-Forbes

Page 8: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Nearly one half of respondents rated their HR department as “not ready” to reskill itself to meet today’s business

needs.

Only 8% of HR leaders have confidence in

their HR teams skills and abilities to

meet business demands.

Bersin, By Deloitte

Page 9: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Evolution of HR

BusinessValue

H

L

Strategic

Micro Small Mid Large

Operational

Page 10: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Evolution of HR

BusinessValue

H

L

Strategic

Micro Small Mid Large

Operational

HR viewed as a cost centerTransactional HR High-Impact HR

HR as a strategic investment

Page 11: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Employee Engagementin the US is only

32%Gallup

Page 12: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Employee Engagementin the US

Gallup

13%Highly Engaged

26%Actively Disengaged

Page 13: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Companies with an engaged workforce outperform their

competition, with

21%Gallup

higher productivity22%higher profitability

Page 14: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Companies with an engaged workforce outperform their

competition, with

Gallup

147% in earnings per share41% fewer quality defects 48% fewer safety incidents 28% less shrinkage 65% less turnover (low-turnover organizations) 25% less turnover (high-turnover organizations) 37% less absenteeism

Page 15: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

HR Professionals’ most important issue in 2015: Culture and Engagement

Bersin, By Deloitte

Page 16: 7 Practical Solutions to Power Employee Engagement

Purpose AlignmentHelp your people be inspired by a cause

1DRIVER

Page 17: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Inspiration

Engagement

VS

Page 18: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Inspired Employeesare most productive

Dissatisfied Satisfied Engaged Inspired

71

100%

144

225

Bain & Company and EIU Research, 2015

Productive Output

Page 19: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Have a safe work environment

Have the tools, training, and resources to do

their jobs well

Can get their jobs done efficiently, without excess bureaucracy

Are valued and rewarded fairly

Are pat of an extraordinary

team

Have autonomy to do their jobs

Learn and grow every day

Make a difference and have an

impact

Get meaning and inspiration from their

company’s mission

Are inspired by the leaders in their

company

Satisfied Employees…

Engaged Employees

Inspired Employees

Bain & Company

Page 20: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Intrinsic

Extrinsic

VS

Page 21: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Employer Brand

v

HOW

OUTSIDE-IN (CONVENTIONAL) INSIDE-OUT (REMARKABLE)

WHY

ValuesMissionBeliefs

Culture | Corp. Brand

HR ActivitiesEmployee Perception Candidate Perception

WHAT

Page 22: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

1Build a Narrative

Page 23: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Hiring to the Brand

A good team starts with recruiting

Page 24: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Engagement starts before a requisition is opened.

84 percent of jobseekers would consider another role at a company with an excellent reputation.

Page 25: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Branding promotes what’s true for your company.

Engage the right people through honesty and transparency.

Page 26: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Empower your interview teams to do the work.

Identify key positions and outline important questions, qualifications, and interviewers.

Page 27: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Make interviewing a 2-way street.

Page 28: 7 Practical Solutions to Power Employee Engagement

Progress InertiaPeople in motion tend to stay in motion

2DRIVER

Page 29: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

We tend to be carried forward in life by the inertia of our past.

The Law of Inertia

Page 30: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

The Law of Inertia

Page 31: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Inertia Killers

Path isUnclear

Destination Ambiguity

ProgressSlows

Page 32: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Inertia Killers

Path isUnclear

Destination Ambiguity

ProgressSlows

Restate and refocus on the

objective

Have a plan of attack

Divide work into small chuncks

Page 33: 7 Practical Solutions to Power Employee Engagement

Task AutonomyMaking your own decisions matters

3DRIVER

Page 34: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

Have a safe work environment

Have the tools, training, and resources to do

their jobs well

Can get their jobs done efficiently, without excess bureaucracy

Are valued and rewarded fairly

Are pat of an extraordinary

team

Have autonomy to do their jobs

Learn and grow every day

Make a difference and have an

impact

Get meaning and inspiration from their

company’s mission

Are inspired by the leaders in their

company

Satisfied Employees…

Engaged Employees

Inspired Employees

Bain & Company

Page 35: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

It’s About Ownership

Page 36: 7 Practical Solutions to Power Employee Engagement

Task to Skill AlignmentGetting to do what you do best

4DRIVER

Page 37: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

COP Model

Competency

Opportunity Passion

The sweet spot

Page 38: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Optimizing for FLOW

Page 39: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Aligning to Attributes

Page 40: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Are your interviewers asking the right questions?

61 percent of employees say new job realities differ from expectations set during the interview process.

Page 41: 7 Practical Solutions to Power Employee Engagement

Rewards & RecognitionGamification at work

5DRIVER

Page 42: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Page 43: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Reward to Retain

Organizations with recognition programs which are highly effective at enabling employee engagement had 31% lower voluntary turnover.

Bersin

Page 44: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Recognition Matters

78% say recognition is a major motivator52% aren’t satisfied with the recognition we receive39% don’t feel appreciated at all

BambooHR

Page 45: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Reward your best “recruiters”

Recognize your employees who put in the effort to refer their friends and colleagues.

Page 46: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Celebrate successas a company

Page 47: 7 Practical Solutions to Power Employee Engagement

Friends at WorkSocial gravity

6DRIVER

Page 48: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Employee Recruiting

Page 49: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

78% of recruiters find their best quality candidates

through employee referrals

But do your employees know that?

Page 50: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Enable every employee to be a recruiter.

78 percent of recruiters find their best quality candidates through employee referrals.

Page 51: 7 Practical Solutions to Power Employee Engagement

bamboohr.com jobvite..com

7 Drivers That Power Employee Engagement

56% of new hires feel having a buddy or mentor

will help them be productive more quickly.

Page 52: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Employee referrals are 5x more likely to be hired

than any other candidate source.

Page 53: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

17% of employees who left a job in the first six months said a friendly smile or helpful

coworker would have made a difference.

Page 54: 7 Practical Solutions to Power Employee Engagement

A Common EnemyThe enemy of my enemy is my friend

7DRIVER

Page 55: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Measure and Adapt

Page 56: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Signal to noise ratio

Page 57: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

Increase Cycle TimeIntended Direction Actual Direction

Don’t wait till here

Catch them here

And here

Page 58: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

eNPS(Employee Net Promoter Score)

“On a scale of 1 to 10, how likely are you to recommend this company as a place to work?”

10 9 8 7 6 5 4 3 2 1 0

Promoters Passives Detractors

eNPS = Promoters (%) – Detractors (%)

Page 59: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

UP THEIR GAME

RIGHT NOWperhaps more than in the last 20 years

HUMAN RESOURCE JOBSare some of

THE MOST IMPORTANTRoles in business, forcing HR to

Bersin, by Deloitte

Page 60: 7 Practical Solutions to Power Employee Engagement

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7 Drivers That Power Employee Engagement

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bamboohr.com/blog | jobvite.com/blog/

Thank you!


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