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Why Family Business Succession Fails (and how to fix it)
AAB / Blog / The Importance of The Employee Experience
BLOG28th Apr 2023
As we move into the fifth month of 2023, the Employee Experience continues to evolve following the upheaval created by Covid-19, which pushed us to adopt remote workforces and adapt to the ever-changing economic factors.
There is no doubt that business have had to move away from the usual 9-5, Monday to Friday desk option that once was the default, opting now to provide employees with much more flexible working structures. Implementing an IT structure that supports a workforce spread across various locations and engaging their people in new ways that also supports continued business growth in what is still a difficult period.
So how have these changes effected the Employee Experience?
There is no argument that these changes have induced some hugely positive effects, paving the way for flexibility, a focus on health and wellbeing, hybrid and sometimes completely remote working, with employees enjoying a better work/ life balance.
Of course, it’s not all been positive. In a recent survey carried out by GITNUX in March 2023 (a company who look for trends in the market), they found that 25% of employees don’t feel appreciated and 47% feel overwhelmed at work.
They also reported that Job satisfaction in the UK is low, with only 64% of employees happy in their current role and 59% considering leaving their jobs.
And because of this, the need to understand, review and continue to provide a first-class Employee Experience is paramount to stay ahead when it comes to engaging and retaining your workforce.
There are many elements that make up the Employee Experience. If you think of this as the way an employee interprets the interactions they have with their employer as well as the fundamentals behind that relationship through all the “touch points” of the employee lifecycle.
This cycle starts with the employee’s initial contact with the employer, right through to their exit and everything in between from their physical workplace to the company culture.
Here are some of the Essential Positive Components to your Employees Experience:
It is vital you look at how your employees perceive their relationship and experience with the business in order to be successful. The competition for the top talent is highly competitive!
So how can you evaluate how your own workforce are feeling in order to ensure you are providing a great employee experience?
These are all sources you have available at your fingertips, to be able to review how your employees are feeling and really evaluate how you are doing as their employer.
There are many elements to the employee experience that are key to success. Wellbeing and mindfulness were extremely hot topics for 2022 and are set to continue into 2023. Some examples of how businesses have enhanced their employee’s wellbeing experience are:
The benefits to providing a first-class employee experience are not just important in the here and now but will continue to add value and reward to your business in many ways.
Some of these benefits include:
We work with a lot of clients reviewing their ever-changing Employee Experience, to help them ensure they are sowing the seeds to reap the benefits of providing this first-class service.
We can help you stay ahead in this competitive market, get in contact with your usual People team contact.