It was just over five years ago I was talking to corporates about employee engagement and ways to engender it. Some interesting strategies on rewards and remuneration were around and some of the incentive or “points” reward systems were in place. In Ireland in particular, high employment meant getting and securing suitable employees was a challenge. And keeping them was a high priority especially after training costs and the costs of actually employing them were taken into account. In high turnover industries like call centres – staff would move for the slightest increase in salary and often companies would find themselves hiring back employees who had left –one year later at a much higher hourly rate.
Things have changed. Unemployment is high, savings are low, property is where it is and there is an idea out there that people are happy to “have jobs” and can be treated less well. Not true. I have noticed that key performers for the Sales and IT functions for example, are often hard to locate in Ireland currently. A number of businesses I work with find these positions hard to fill – with the right people.
While there have been a lot of cutbacks the retained staff in organisations have to do more, have a wider brief (requiring more training and key skills) and own more intellectual capital than heretofore. Assuming that those that are currently engaged are performers it is more critical than ever to keep them and their key skills. Not only is retention required but in this “New Economy” they need to be operating at their full potential in a way that is sustainable and positive. They need to be “Engaged”.
Employee engagement means employees being involved in, and enthusiastic about their work, who consistently act in ways that further their company’s interests without reward or external motivational factors. Engagement is distinctively different from employee satisfaction, motivation and organisational culture and contributes directly to shareholder value (the bottom line folks!)
While Engagement is distinctively different, it is driven by satisfaction, motivation and culture – as well as a sense of belonging and being valued. It is about passion, for your job, your team, your brand and what the company is trying to achieve. And passion is more than a number. Passion is an emotion.
To engage employees and get them passionate one must use passion and communicate passion and act passionately. One must communicate on an emotional level with people – because to get them passionate you must connect emotionally. As a leader it’s a considerable advantage to be emotionally intelligent. To engender world class performance you must work with people on an intellectual level and an emotional level. I also think to be at its best there needs to be an instinctual or gut level connection.
The results of using the three levels and particularly the underdeveloped emotional level are been seen as having huge impact in organisations. Being emotionally Intelligent is not about being emotional, but of being able to understand your own and others emotions and act accordingly. Through understanding how you are, how others are, how empathy works and understanding how to communicate with this understanding.
Your key employees can resonate with positive emotions if you lead them in this way. This resonance passes through the organisation like ripples on a pond engaging other employees and customers too after all – they are never more enamoured with your company than your people are.
It starts with Leadership. They are the core. They can be the stones dropped into the still pond to send out ripples of energy, motivation and positivity impacting all your people and your results. To the spreadsheet lovers out there – that’s “leveraging your Human Capital to deliver bottom line results and shareholder value!”