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Date: 13 March 2019
The paper set out evidence for a link between employee engagement and wellbeing, and the consequential impact on individual and organisational performance.
“Employee engagement is based on trust, integrity, two way commitment and communication between an organisation and its members. It is an approach that increases the chances of business success, contributing to organisational and individual performance, productivity and well-being. It can be measured. It varies from poor to great. It can be nurtured and dramatically increased; it can be lost and thrown away.”
With labour shortages at an all time high, and wellbeing featuring on many a HR agenda, it is worth returning to the principles laid out in the paper.
The paper talked about the different drivers of employee engagement and wellbeing. Essentially categorised into eight themes, there are four themes for employee engagement and four themes for employee wellbeing.
These four enablers of engagement have proved to be useful lenses which can help organisations assess the effectiveness of their approaches:
The four drivers of employee wellbeing:
Despite four years having passed, these drivers remain key to successful employee engagement. The eight drivers of employee engagement and wellbeing remain the type of rewards people often say that they value the most, i.e. intangible, intrinsic rewards.
This highlights the importance of taking an holistic, strategic approach to reward that not only considers the tangible rewards such as pay and benefits, but also considers the intangible rewards such employee voice and autonomy. In doing so, organisations can not only attract and retain the people they need to succeed in these challenging times, but they can also drive higher levels of performance through engagement and wellbeing of their existing employees.
We are offering a free consultation to anyone that needs help with employee engagement and wellbeing.
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