Dec 2, 2016 | Blog

What Matters to Today’s Workforce: Key Influences in Driving Engagement

Engage Your People

Baby Boomers are retiring at rapid rates. The job market is tightening and employee loyalty is decreasing. The competition for skilled, competent employees is intensifying. 

Today’s employees crave meaning in their work and want to work for a company that shares their values and recognizes their contributions.

How is your company positioned to attract and retain top talent? 

See the below excerpt from a new guide on five key influences for driving Engagement.

  1. Company Culture is as important as Competitive Compensation and Benefits for Talent Attraction and Retention - Yes, the salary and benefits need to be comparable, but employees want to make sure they committing their efforts to a Company that recognizes and appreciates their business and personal contributions.
  2. Key Role of Social / Peer Recognition In Workplace Environments - Employees want to be recognized publicly and on familiar platforms.
  3. Timing is Everything - The Role of Technology in Driving Employee Engagement - Don’t even think about waiting until the end of the year, the end of the month or even the end of the week to recognize performance – we’re in a “real-time-world” where gratification can and should be instantaneous (or as close as possible).
  4. Authenticity is Key - Credible, Meaningful, Valuable - Social value and a customized experience is important, whether you’re rewarding a group or individual - authenticity is critical and the right technology will help create authenticity.
  5. Give the Gift of Choice - Surveys show that a one-size-fits-all mentality no longer works for employees – it’s choice that counts. Employees also report that the way in which the reward is delivered or presented is almost as important as the reward itself.

Effective recognition programs that are based on performance measures and offer motivating rewards delivered appropriately will help to retain your most valuable asset: Your key employees. 

See this link to access a copy of the valuable HR Resource: "What Matters to Today’s Workforce: Five Trends Impacting Employee Engagement."