Engagement translates as better results!
Many different studies have proved the connection between engagement and companies’ other performance indicators. Traditional work atmosphere surveys are a thing of the past, and for organisations, it’s a key thing to find the factors that can be influenced to develop the level of personnel engagement in a way that most promotes the company’s business operations.
Our extensive data proves the relationship between engagement and the company’s profitability in Finland and also on an international level. We carried out a cross-section of Finnish working life and observed the Finnish data of 166 employee surveys from more than a hundred organisations from the years 2015–2017 (a total of approx. 110,000 respondents). We noticed that in engaged and committed organisations (top 20 %), the company’s result per employee is up to 50% more than in the least engaged and committed organisations (bottom 20 %). When personnel are motivated and committed to the organisation, they trust the management, experience the decision-making to be efficient and feel that work performance is rewarded fairly and justly. It is also significant that in successful organisations, internal co-operation is felt to be smoother than in organisations with a lower level of financial result.
We noticed that in engaged and committed organisations (top 20 %), the company’s result per employee is up to 50% more than in the least engaged and committed organisations (bottom 20 %).
The optimistic tone of the future of the economy of Finland that has been visible in the media is also supported by the working life. During the past two years, one of the most significant positive changes has been seen especially in the personnel’s faith in the organisation’s future. When compared to 2015, the employees feel the development of their organisation of late has been significantly more positive. Also the decision-making ability of companies’ executive management is trusted clearly more than before. When observing the development of working life in one’s own closest working community, the content of the work has received more praise. We feel that our work creates something useful.
What are the things in a working community which we must focus on in order to positively affect engagement and the organisation’s “hard indicators”? The most important matters can be divided into three categories as follows:
- Organisational level: Trust in executive management
- Team/department level: Team spirit within the team and a supervisor who trusts his or her subordinates
- Individual level: Finding own work challenging and useful.
During the past three years, matters related to the functionality of the team have increased their significance. In 2017, the personnel feel that the connection between team spirit and efficient operations with engagement is much greater than it was two years ago.
Corporate Spirit’s goal is to develop working life based on facts and business operations. Analysing the personnel experience together with the other indicators of the business operations brings the organisation important added value when the focus is on key factors for the company’s success. Let’s sit down and discuss together what are the indicators that can best promote your company’s business with the help of the personnel experience!