Now, more than ever, businesses need to focus on the employee experience for their companies to thrive.
Insights:
21 % of millennials have changed jobs within the past year
67 % of executives say they cannot effectively motivate and recognize employees
73 % of millennials say their career growth is important in a job
90% of executives say keeping new hires is an issue in their company
We are in the middle of an Employee Experience Transformation
To truly create an amazing place workplace, you need to transform the employee experience. Having an amazing overall employee experience means driving an employee’s positive emotional connection across multiple touchpoints – driving engagement from hiring to retiring. Moving the needle from negative to a more positive experience is our call-to-action
With the future of work rapidly changing, we have to face the reality of greater challenges ahead to attract, motivate, and retain talent. Creating a great employee experience is our call-to-action to strengthen the emotional bond of employees to your organization. This experience is made up of multiple and positive moments of truth to deepen the bond. Cultivating more positive experiences should be our strategic goal.
The future of work is rapidly changing
Employees (especially the growing younger workforce) seek companies that cultivate and promote their sense of purpose – growth, fulfillment, and recognition. This is very challenging for most companies. Many companies and their managers aren’t cultivating the desires of employees to flourish – the desire is more acute for the top performers. Thus, we are called to transform the employee experience for a better future for your company.
What is the Employee Experience? The employee experience is the totality of what people encounter and observe through their engagement with their company – encompassing both negative and positive moments of truth. Having an amazing employee experience can have tremendous impact from recruitment to better profits.
The Zen of Motivation & Engagement The psychological motivators and the organizational practice of motivation and engagement have a strategic business role. Some companies focus solely on performance and results without considering the needs of employees to be motivated and inspired. While others go the other way and this creates chaos and take the company off-course. Find the balance and fit is the key to becoming a truly winning organization.
The Employee Experience Foundation The employee experience is encapsulated by four psychological needs of people: Recognition, Relationship, Contribution, and Value. To become a winning company, these four components needs to be integrated into the company culture and part of the foundation of the employee experience.
We are now in the middle of the employee experience transformation. The transformation of the workplace and the digital revolution has further disrupted the employee experience.
Finding the right balance (the ZEN) between performance and engagement will allow organizations to flourish as they embrace the employee experience transformation.
Ready to transform the employee experience for your company? Learn more on how CARROTS helps companies in their employee experience transformation journey.