Companies with above-average levels of employee engagement outperform companies with below average engagement by 46% to 58%.
Employees don’t leave companies, they leave managers. To elaborate further, employees don’t leave companies, they leave cultures.
Among all employee related issues, attrition is still the biggest problem faced by HR managers today.
Let’s take the case of Justin, a twenty something graphic designer. Having lived most of his life in New York he moves to the west coast for a job.
Justin is enterprising, creative and has a drive to learn and grow in his career. He is also out of his comfort zone and is eager to experience a new culture and environment.
He enters his job as a junior graphic designer at a company in California. He gets into the groove of the workplace and connects with his team mates and colleagues quite quickly. Justin is adjusting well to his new job and life in a new city.
However, three months down the line, things start to take a different turn. Justin is a creative person and thrives on collaboration and expressing his ideas. His peers don’t take to his attitude very well and start to feel threatened by his talent and ideas. His manager too discourages him from sharing and implementing his ideas.
Six months down the line Justin starts to feel stifled and his confidence and enthusiasm begin to wane. After eight months Justin decides he can’t take it anymore and starts to hunt for a new job, one where the culture is more encouraging of people who like to engage and collaborate on projects through idea-sharing.
Inclusive culture plays a significant role in employee retention. Therefore, creating a culture where employees can use their voice is important.
Read on to understand the benefits of and how to create inclusive culture within your company, and the role of technology in enhancing this process.