Words Suvarna Mishra
Amidst the constantly shifting dynamics of the modern workplace, what once defined the employer-employee relationship is now evolving. This is a new era where agility, adaptability, and engagement have become the landmarks of success. In this reality, the evolving workforce desires more than a paycheck; they seek meaningful experiences and opportunities to pursue what matters most to them.
According to a Gartner survey, nearly 70% feel less engaged despite investments in employee engagement. Many employees lack a meaningful connection to their jobs. The challenges that lie before organisations are twofold — comprehending what this new generation of employees truly desires and, more importantly, meeting those expectations effectively. As organisations forge forward on this path, they encounter a striking revelation: the pivotal role of employee engagement.
Fueling engagement: A blueprint for employers
Engagement is the heartbeat of a thriving and forward-thinking organisation. At its core, it represents the emotional commitment, dedication, and enthusiasm that employees bring to their work. When harnessed effectively, this intangible force becomes a driving catalyst for innovation and sustained success.
Employers that recognise the significance of employee engagement know their staff is more than a collection of job roles. They are the extraordinary beings that make the entire organisation. Those who grasp this concept are better prepared to attract, retain, and empower top talent.
Work-life balance
Maintaining a healthy work-life balance has consistently ranked high on employees’ lists of priorities. As per the World Mental Health Day survey, 87% of stressed workplace respondents seek improved work-life balance policies. This includes employers taking proactive steps such as regular well-being check-ins and offering more ways for individuals to juggle between professional life and their families.
Diversity, Equity & Inclusion (DE&I)
The desire to work in organisations that advocate diversity and inclusion has become a prevailing sentiment among employees. Beyond mere diversity numbers, employees value an inclusive culture where their unique backgrounds, experiences, and voices are welcomed. Such an environment encourages open dialogue, creativity, and collaboration. Organisations that prioritise these principles draw top candidates & benefit from a workforce that is more engaged and adaptable.
According to Korn Ferry research, 75% of organisations investing in DE&I experience enhanced performance and greater growth. Happy and included diverse teams consistently deliver better performance. In 2023, Tata Steel was named the Global Diversity Equity & Inclusion (DE&I) Lighthouse by the World Economic Forum (WEF). Leaders at Tata Steel have specifically highlighted DE&I as a central pillar within their organisational culture. They emphasise the critical importance of diversity and inclusion in driving innovation.
Creating a workplace that embraces DE&I values empowers differently-abled individuals, contributing to a truly representative and high-performing team.
All employee connect
Effective leadership in the modern workplace revolves around clear communication, active mentorship, and building a feedback-rich environment. When leaders exhibit these qualities, employees are likely to feel more engaged and motivated. This engagement benefits individual employees and contributes significantly to the overall productivity and success of the organisation.
Value system
In recent years, individuals have had the opportunity to re-evaluate the role work plays in their lives to understand its broader impact on people, communities, and the world at large. Employees now want to belong to organisations that actively embrace and champion climate change and sustainability values. As per ET HR World, 90% of employees in companies with a strong sense of purpose express increased inspiration, motivation, and loyalty.
Development and growth
Employers should view growth and development as intrinsic components of employee values. This includes access to training programmes and growth opportunities at every level. Modern workplaces must ensure their employees are at par with the competition regarding leveraging technology and modern innovations like AI and virtual reality. They should be well-informed about all the new innovations and learn to apply them to their daily work to bring in novelty.
Recognition and rewards
Organisations must focus on celebrating wins, whether they are individual achievements or team milestones. This reinforces a culture of appreciation and motivates employees to strive for excellence. Recognition and rewards can take various forms, from verbal praise and certificates to financial incentives and gift cards. The key is to make the appreciation genuine and personalised to the individual or team receiving it.
Charting a course for organisational success
The symbiotic relationship between employee engagement and organisations opens up a world of opportunities. It is the foundation upon which competitive advantage is built. To succeed in this new era, employers must embark on a journey of cultural transformation that begins with leadership at the highest levels. As the guiding force, the C-suite must champion a workplace environment where every employee feels valued, heard, and empowered.
It is, therefore, safe to say employee engagement and DE&I values reflect an organisation’s dedication to its people and pursuit of excellence. By embracing this, they can create a future where organisations and employees flourish together with a shared vision of success.
About the Author
Suvarna Mishra, Director of Human Resources, Pluxee India
(India CSR)
