Why Is Employee Engagement Important for Startups?
July 26, 2022at7:00 AM
Employee engagement is one of the key indicators in gauging work satisfaction. In today’s society, employees want to be involved in their work, enthusiastic about their company, and have a sense of belonging among their team. In fact, 79% of respondents in a Global Human Capital survey mentioned that fostering a sense of belonging in the workforce was essential to their organization’s success in the next 12-18 months.
At Socius Strategies, we invest in our client’s success and partner with them to define what diversity, equity, inclusion, and belonging mean for individuals, workgroups, and organizations. We’ll explain why employee engagement is vital for startups and the benefits it can bring to your company.
Employee Engagement Is Important for All Companies
Employee engagement is all about improving the work environment and culture to encourage employees to be dedicated to their company’s goals and values. Having effective strategies in place helps create a better work culture, increase productivity, reduce staff turnover, and even impact company profits. More importantly than any of these, it makes employees happy and turns them into your best advocates.
Why Employee Engagement Matters to Workers
Being engaged in your job, company, and colleagues plays a critical role in overall satisfaction. You’ll not only be more energized and efficient but go beyond what’s expected of you. This can influence those around you, including your colleagues and customers.
Why Employee Engagement Matters to Companies
Employee engagement matters at a company level because of the impact it has on overall business operations and profitability. Additionally, it also helps leaders understand employee needs and identify new ways to improve morale.
Benefits of Employee Engagement for Startups
There are several benefits of investing in employee engagement for your startup. These include:
Improved employee loyalty: Focusing on employee engagement will help ensure your employees stick around longer. It can help keep employee retention high and minimize employee turnover costs. If you decide not to invest in employee engagement, it can cause low engagement and disinterest among your employees, who will be more likely to jump ship quickly and often.
Increase productivity: Studies show that engaged employees work harder because they like what they do and believe in their value to the company. If you are interested in something and feel connected to your coworkers and company, it’s more likely you will be invested in the long run.
Better Customer Service: Employee engagement leads to better customer service and client success, which are both crucial to any successful business. Happy and engaged workers are more likely to care and go above and beyond, which can lead to client retention, securing upsells, and getting more customer referrals.
Schedule a Consultation with Socius Strategies to Learn Employee Engagement Tactics to Drive Transformation.
Socius Strategies brings a collaborative approach to HR support. We empower transformation at the individual and organizational levels. Our consulting services focus on supporting diversity, equality, inclusion, and belonging in leadership and throughout all levels of a company. When people feel able to bring their whole selves to work, team performance improves. Our goal for everyone we work with is to help them generate sustainable growth now and in the future.
We support the human aspects of business, the places where you find limitless potential to meet the challenges of the future and command a more significant market share. Want to set and achieve new goals for your organization? Fill out our contact form to get started.