Employee Trends A Focus on Retention and Engagement
As the Accounting and Finance landscape continues to experience constant change, from the talent shortage to remote work to the return to the office, less than one-third of your workforce may feel engaged in their work, as we reported in May. To help improve company culture and employee satisfaction, retention and engagement should be top priorities in your talent strategy. According to Harvard Business Review, employee engagement enhances performance, lessens burnout and leads to longer employee tenure. All of these can boost productivity while creating a future-focused environment. Consider the effects on your overall workforce — which are demonstrably positive when employees feel engaged. A recent Gallup Employee Engagement Survey found that highly engaged workforces can increase:
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Productivity by 14%
Customer ratings by 10%
Sales by 18%
Profitability by 23%
Organizational participation by 13%
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