Are you prepared for the young workforce?
How good does your organization perform?
It is becoming increasingly more difficult to recruit skilled individuals to work for larger corporations.
The workforce is becoming more flexible. Organizations increasingly work with a small team of permanent employees and a large temporary workforce of freelancers in order to have the right in-house knowledge and remain competitive.
There is a generational divide in how individuals approach their working lives and working methods.
Identifying and supporting employees’ real values can increase performance by up to 20%! Yet today, most organizations still use annual surveys to measure how their workforce perceive their job. These provide an outdated view and time limitation for employees to express the real causes of their (dis)satisfaction. In some cases, they might even work against their purpose to improve satisfaction, as companies often have difficulties in following up promptly large-scale survey results with corrective actions.
It is time to change. This year, over half (59%) of organizations will use engagement data from sources other than formal review forms, and expects the new employee monitoring data methods to increase in importance, eventually replacing the traditional survey methods.
Ranging from time registration apps to annual reviews, internal HR portals, employee benefit systems and wearables – employers have access to a wide and ever-expanding data pool to drive valuable insights and actions that can make the life of their employees easier and more comfortable.
However, for most companies, these data sources are rarely connected, and as formal performance reviews are only conducted once or twice a year, managers have a limited view of how their employees are really feeling. Without these crucial insights, organizations fail to measure the significant experiences and act on the data before it is too late and the employee has resigned.
WE CAN HELP YOU
Working with our clients for decades to increase their organizations’ efficiency we developed our skills to help you identify fast where your organization has potential for improvement. Based on our insight into well-working structures in various industries we can support you define an organizational transformation roadmap and the accompanying change implementation plan – for your business and including your key external workforce.