Time Magazine recently published a good article on engaging employees called The Rage to Engage. The article speaks to how happier (and engaged) employees can have a positive effect on the bottom line. Eye popping stats are quoted such as high engagement companies having operating margins that were 5.75 percentage points greater than those of low-engagement companies; or 3.44% higher net profit margins for high engagement companies.
What does it mean to engage employees? To me, it means making employees know;
- How their contributions effect the bottom line
- How the projects they are working on align with the companies priorities
- How their departments initiatives feed into the objectives of the Executive ranks
This simple understanding generates commitment. Commitment in turn leads to a more fulfilling work experience (e.g. happy employees). Which in the end has a direct and positive impact on the bottom line.
Even if this theory turns out all wrong, it's too easy to not at least try. Make sure your employees are engaged by letting them know how their efforts align with your companies priorities.
Read The Rage to Engage for more on this topic.
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