As a corporate executive or manager, you are probably hearing the term “employee engagement” more frequently these days. While the definition may vary, employee engagement typically refers to the level of investment your employees demonstrate for your company and their work. Employee engagement has become a hot topic as companies are realizing that engaged employees are critical for the success of the organization. Maintaining a highly engaged staff has been proven to increase productivity and retention and leads to higher rates of profitability.
Attracting and Retaining Talented Employees
Studies have shown that, at any given time, up to 25% of a company’s workforce may be at risk for turnover. To make matters worse, up to one-third of those at risk are the organization’s most talented professionals. These are the employees who can easily find other positions and can be difficult and expensive to replace. When competition for this level of talent is high, and the cost of training their replacements would be significant, the need for effective employee engagement programs becomes more apparent.
The Benefits of Employee Engagement Programs
If your company is investigating the possibility of investing in employee engagement programs but wondering what the potential benefits may be, here are some of the positive outcomes you can expect.
Employees who are engaged and invested in their work have proven to be more productive than those who are not. In fact, one study found that engaged employees are roughly 22% more productive than their less interested colleagues.
Higher Retention Rates
Engaged employees are invested in their work and deeply interested in the overall success of the company. These employees are, therefore, less likely to leave the organization. When your most talented people are not engaged, you are at risk of losing them. Finding ways to create and sustain engagement is essential to keeping your best people on board.
Improved Customer Satisfaction
When highly engaged employees interact with your customers, they are likely to create a better experience for those customers. Not only will their positive attitude be obvious, but these employees are more likely to go the extra mile in ensuring the satisfaction of the customer by answering all of their questions and providing all of the information they need for a positive outcome.
Attract Top Talent
When you create an environment of engaged employees you build a corporate culture that will be attractive as you look to compete for and hire top talent in the marketplace. This positive environment will be obvious to these recruits and make the opportunity to join your organization that much more appealing.
Enhancing Employee Engagement Through eLearning Programs
Providing learning and growth opportunities for your employees has proven to be one of the most effective ways to build and sustain employee engagement. To be successful, the company must offer relevant and meaningful learning and training offerings that employees can leverage to enhance their own professional value and put themselves in the best position for achievement and growth.
eLearning platforms can provide employees with access to the learning materials they need when they need it. eLearning administrators can easily add and modify learning content as training needs trends change and the goals of the program evolve over time. You can even offer employees the opportunity to contribute to the learning content themselves. The outcome is the creation of continuous learning opportunities and an engaged workforce.
LMS Portals for Employee Engagement through eLearning
LMS Portals offers a powerful Learning Management System (LMS) platform that allows our corporate clients and partners to build and manage custom-branded corporate eLearning and training programs to support employee growth and engagement. Our system enables the fast and easy creation, delivery, and management of eLearning content and includes robust supporting tools for employee onboarding, messaging, knowledge management, analytics, and more.
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