To retain top talent, business leaders need to build organizational culture that engages employees. But employee engagement goes far beyond satisfaction and retention. When people are emotionally and intellectually committed to an organization, they drive change and out-perform at their jobs.
Engagement’s effect on key business outcomes
- Companies that intentionally manage their culture have seen revenue grow by an average of 682% over 10 years.
- Employers with higher levels of engagement had significantly lower turnover rates.
- Businesses in the top quartile of engagement are 22% more profitable than their bottom quartile counterparts.
Download the new whitepaper to see what steps companies are taking to drive employee engagement and satisfaction and all of their rewards.
How can Talent Management Technology help?
More than anything, fostering engagement requires a focus on employees: their aspirations, satisfactions, desires and needs. But engagement doesn’t end with putting mechanisms like benefits, learning and development programs into place. You still need to measure the ways in which employees are engaged and refine engagement techniques.
Key technology-driven talent management capabilities include:
- Goal Setting
- Multi-Rater Feedback
- Goal Tracking
- Career Planning
- Professional Development
- Insightful Analytics
To see how Talent Management might work to boost employee engagement within your organization, speak with one of our solution specialists at 1-866-622-8153