The New Performance Equation in the Age of AI
Financially successful companies have more engaged employees. That's the conclusion of a Microsoft analysis of multiple employee surveys at various organizations. Companies with high employee engagement even outperformed the S&P 500.
Read this article to get the full results and advice on increasing employee engagement at your company.
Importance of Employee Engagement
Employee engagement is crucial for financial success, especially during economic uncertainty. Organizations that prioritize engagement tend to perform twice as well financially compared to those that do not. In fact, a one-point increase in employee engagement can correlate with an average increase of $46,511 in market cap per employee.
Clear communication plays a significant role in fostering employee engagement. Employees in highly engaged organizations are 46% more likely to view their companies as strong communicators and 37% more likely to have confidence in their leadership.
Feedback and Continuous Improvement
To maintain high levels of engagement, it's important to create a feedback loop. Employees at engaged organizations are 40% more likely to believe their feedback will lead to action and 56% more likely to feel that their organizations are committed to continuous improvement.
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