May 28, 2024
Scroll DownThe competition for talent is intensifying and organisations are shifting focus from conventional employee engagement to a more holistic concept called employee experience (EX). With the power to make or break an organisation’s road to continued success, EX pays dividends across the business – from increased productivity, reduced attrition, maximised value, to ultimately a boosted bottom line. However, as the industry stands on the cusp of a new era in employee engagement, CHROs and HR leaders need to deliver a more inspiring, fulfilling, and enriching EX to steer ahead of competition.
After the successful conclusion of Bangalore and Delhi Chapters, BI WORLDWIDE, in association with People Matters, hosted the Mumbai Chapter of their exclusive roundtable discussion on – Future of Employee Engagement Reinvented: New Rules for Disruption-proof Employee Experience (EX) in 2024. A power-packed panel of HR luminaries across industries shed light on engagement pathways that can help shape dynamic workplaces of tomorrow.
Rajan Jain, Regional Director (West), along with Prasad Poosarla, Chief Technology Officer, and Ruchi Bhatnagar, Business Development Director (West), BI WORLDWIDE India, led the charge in enlightening the gathering with insights from BI WORLDWIDE’s global research – ‘𝐍𝐞𝐰 𝐑𝐮𝐥𝐞𝐬 𝐨𝐟 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭’. The extensive research identifies the 12 pivotal ‘rules’, having the greatest impact on the dynamics between employees and their organisations. The rules lay the foundation of a future-ready and thriving work culture, helping HRs drive the most desirable outcomes of engagement – high commitment, effort, and inspiration.
The New Rules of Engagement research focuses on 5 key parameters: onboarding, recognition, talent mobility, deskless EX, and belonging. The industry experts shared multifaceted strategies, real-life success stories, and key measurable results, pertaining to the various ongoing and past initiatives that they implemented in their organisations, on the 5 key parameters.
New hires decide if they feel at home at an organisation within the first 3 weeks.
Onboarding is a sustained journey with multiple interactive touchpoints. Strategies that can help leverage these touchpoints to deliver a compelling onboarding experience include:
Employees who received a travel or experience reward are 5X more likely to be inspired than those who didn’t.
A thriving culture of recognition starts with ‘us’. Continual peer-to-peer recognition creates a strong ripple effect in an organisation, boosting motivation and performance. Strategies that can be pivotal are:
While 85% of managers say they want to be equitable and inclusive, only half of employees rate their leaders as inclusive.
Nurturing belonging involves cultivating DEI&A, driving new-age upskilling, enabling career growth, facilitating advanced technology and more. Strategies that can aid in achieving these goals are:
Employees who are confident their careers will advance as the organisation grows are 7X more likely to say they belong.
In a talent-centric world, employees must be prepared for the future. Build thriving workplaces by empowering the workforce to take their career growth forward. Strategies that can be effective are:
80% of deskless employees have a work-connected electronic device, but only 34% report having received recognition on it.
Deskless employees desire an equitable approach to their deskbound counterparts when it comes to engagement. Strategies that can help show these ‘essential’ deskless employees that their contributions are truly valued are:
The future of employee experience is exciting, dynamic, and brimming with potential. The roundtable discussion highlighted how modern-day organisations can tap into and lead this change by embracing emerging trends in onboarding, recognition, talent mobility, belonging and deskless EX. Digital transformation will be at the forefront to thrive in this evolving landscape – leading to sustained business success and keeping organisations ahead of competitors.