When employees are fully engaged, they go above and beyond to help achieve organizational goals.
Employee engagement typically falls within three categories: engaged, disengaged, and actively disengaged. By one estimate, only 33% of today’s global employees are engaged. Organizations that see high levels employee engagement outperform those that do not in several key areas of organizational performance, including customer ratings, employee retention, profitability, and productivity. More importantly, highly engaged employees themselves are more likely to report high levels of both emotional and physical well-being.
- Workforces are typically the most substantial point of success for an organization. Likewise, workforce costs typically make up the majority of operational budgets. Strategic Human Capital Management allows leaders to optimize the effectiveness of an organization and economize on workforce investments;
- For many industries, the greatest remaining area of competition between organizations are the employees they have working for them. Strategic Human Capital Management helps maximize the value of a workforce while maximizing the cost of managing them.
