Towers Perrin has released a new quarterly report containing latest research around how are employee perceptions are being shaped in the light of the economic climate. Some of the most interesting observations from the data:
- Managing work-life balance is getting increasingly difficult with only 55% of the employees responding favorably to the issue of ‘being able to manage work and personal responsibilities.’
- Employee Engagement, a key indicator of organizational performance, has held steady through the economic downturn.
- Companies have responded well by redefining organizational structures, connecting better with customers and aligning employees to workgroup and organizational goals.
- However, employees feel more uncertain about the future and placed lower levels of confidence in the leadership.
- Not surprising at all – the “tendency to look out” has declined considerably.
Finally, the report ends with some handy suggestions on what companies can do to sustain engagement levels:
- Get leaders out front to talk with employees about the business environment and how the organization is responding, as well as the long-term vision and what the organization stands for.
- Involve employees in efforts to manage costs to help them feel like active contributors.
- Communicate consistently and candidly about both short- and long-term objectives.
- Listen and gather input from employees.
- Promote development opportunities so people can see a future for themselves worth working toward.
Truly, its these “basics” which make the difference.