5 Nov 2014, 11:42 — 4 min read
One of the biggest worries for a small business owner is training and investing in quality employees and then losing them to a larger company – potentially a competitor – that might be able to offer larger salaries or better benefits.
It might look like a no-win scenario for a small business to entice quality employees to stay, except for one factor – engagement. When employees are engaged in the company business, they’re less likely to jump ship, they’ll be more productive and they’ll make the company more money, according to a Hay Group Study.
“Why should anyone care if they have engaged employees?” asks David Fagiano, chief operating officer for Dale Carnegie Training. “Engaged employees create superior results. A Gallup study shows that companies with more engaged employees outperform others by up to 202 percent. That translates to a substantially better bottom line.”
How can a small business owner encourage his employees to become more engaged in the company? Consider the following drivers of engagement:
Making an employee feel like he or she is important can take the professional relationship far. “Engagement means winning the hearts as well as the minds of employees,” Fagiano says. “It’s the difference between someone in your company saying, ‘I understand where this company is going,’ versus, ‘I believe in where this company is going.’ If you can generate belief at that level, you can drive spectacular results.”
Article Courtsey: http://www.brandpointcontent.com/PrintSite/business/employee-engagement-is-the-secret-for-small-businesses-to-stay-productive-and-make-money,19004
Posted byGlobalLinker Staff
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