Friday, October 5, 2018

Employee Engagement



EMPLOYEE ENGAGEMENT


Employee engagement can be understood as the degree to which people are invested in the success of a business. Having engaged employees means higher levels of productivity, improved retention rates and ultimately a boost in our bottom line .The real describe of employee engagement is ambiguous between both academic researchers and among practitioners who use it in conversations with clients. We show that the term is used at different times to refer to psychological states, traits, and behaviors as well as employees antecedents and outcomes (Macey,2008).

Employee engagement is a vast construct that touches almost all parts of human resource management facets we know hitherto. If every part of human resources is not addressed in appropriate manner, employees fail to fully engage themselves in the employers’ job in the response to such kind of mismanagement. The construct employee engagement is built on the foundation of earlier concepts like job satisfaction, employee commitment and Organizational citizenship behavior. Though it is related to and encompasses these concepts, employee engagement is broader in scope (Sridevi,2010).


According to Saks, (2006) employee engagement has become an important topic in recent years. However, employee engagement has rarely been studied in the academic literature and relatively little is known about its antecedents and consequences. This is the first study to make a distinction between job and organization engagement and to measure a variety of antecedents and consequences of job and organization engagement. As a result, this study addresses concerns about that lack of academic research on employee engagement and speculation that it might just be the latest management fad (Saks,2006).

Poor workforce engagement can be detrimental to organizations because of the ensuing decrease in employee well-being and productivity. A sample of 216 health care employees from the United States, Canada, and Japan completed an online survey. Regression results suggested that psychological workplace climate was significantly related to each outcome variable; engagement moderated relations between workplace climate and each of the four dependent variables. ANOVA results revealed that high engagement group employees demonstrated higher psychological well-being and personal accomplishment, whereas low engagement group employees exhibited higher emotional exhaustion and depersonalize (Shuck and Reio,2014).

The term employee engagement has gained considerable popularity in the past 20 years yet it remains inconsistently defined and conceptualized. Although much has been written on the subject, little rigorous academic research has been done. This gap has resulted in a disjointed approach to understanding and developing strategies around employee engagement within organizations. This article explores the development of employee engagement through a historical lens using an integrated literature review to define and situate the concept within the HRD field by systematically reviewing and organizing literature across various disciplines and fields of study. Seminal works on the topic were identified and reviewed to gain an understanding of the topic’s development. A working definition is proposed and implications for theory, scholarship, and organizational practice are discussed (Shuck,2009).




Figure 1.0: Main Four elements of employee engagement



(Source : Juneja, 2018)

Employee engagement consists of four main features as per figure 1.0. To achieve high results all the four key elements should be link together. Namely Commitment, Loyalty ,Motivation and Trust. We work for a leading commercial bank in country and the bank tries to achieve these four dimensions in figure 1.0 through the seven areas as stated below.


 1. Give employees a sense of purpose
One of the critical drivers of employee engagement is employee’s sense of purpose in an organization.

Companies will us the vision statement, mission statement and values to communicate the purpose.

Banks Vision : To be the acknowledged leader and chosen partner in providing financial solutions through inspired people.


Banks Mission : Combining entrepreneurial spirit with empowered people and leading edge technology to constantly exceed stakeholder expectations.


Values………….
  •  Treasure professional & personal integrity at all times
  • Demonstrate mutual respect in all our interactions
  • Passionate in everything we do
  • Committed to being customer orientated
  • Courage to change, challenge and be different
  • Demonstrate unity in diversity


2. Involve employees in the creation of strategy related to Bank’s objectives

Allowing employees to be a part of the strategy creation process in relation to the jobs can go a long way in improving employee engagement. When people feel like employees have a measure of control in the work executed by the employees, and experience higher levels of accountability and ownership over the jobs and goals. The strategy creation process is a two way process through the organization. Hence, employees at every layer play a part in the creation. Managers, once given the strategic objectives and KPIs, should sit with the employee’s teams and create strategies with all who will be involved in the execution process.

3. Clearly defined roles and responsibilities
People should know exactly how people work contributes to the bigger picture. A clear understanding of the alignment between peoples work and top level company goals is the key. Employees are then able to see the work contributes to the overall purpose and this places importance on the stipulated job and increases employee engagement.
The steps below are simple efforts to ensure all employees have clearly defined roles and responsibilities:
         Write out a clear job description for each employee
         Outline the rights and the decision making scope of the role
         Clearly define the goals and objectives the role should achieve

4. Opportunities for growth

Providing bank employees with opportunities for growth instills a confidence that hard work will pay off. The chance to continually grow and develop keeps employees engaged with the work. If employees aren’t given the opportunity to rise and grow, engagement will fade and will result employee turnover. Employees who feel underused and restricted in applying the employees skills and abilities will quickly look elsewhere for opportunities. For this reason, it’s important to create and offer your employees opportunities for growth.
At the bank performance appraisals address the following Succession planning discussions with employees. Employee satisfaction with the members current roles and on how to improve satisfaction, Provide bank employees with necessary resources and improve two-way communication mapping out plans of progression and regular checks on KPIs

 

5. Communication

The banks environment fosters good communication to increase the likelihood of employee engagement. When employees receive clear and consistent communication it allows them to feel valued. Employees are being kept in the loop, and are privy to information required to successfully complete the job. People respond well to the feeling of importance and being valued. As a result the employees have increased levels of motivation and engagement in them self-work.

 

6. Recognition and reward

Recognition and reward is a fairly common practice at the Bank and a well known motivator of employee engagement in organizations. When an employee is rewarded and recognized, they feel valued. When employees excel at the dedicated job and are praised for employee’s efforts, a level of importance flows through to the role. This all creates an environment ripe to increase employee engagement. Both monitory and non monitory awards are given by the bank at regional level and national level.


7. Positive relationships
The positive relationships created among employees have positive effects. Help build emotional bonds that generate positive feelings towards the organization.



CONCLUSION

When considering the above suggest the employee engagement is a critical element in the current economic society. Organization leaders may focus on this area and practice positively and see the outcome of the employees as well as company bottom line results. Employee engagement using the above 7 step process as practice in the Bank will lead to employee engagement and subsequently lead to organization success.




List of reference


Alan M. Saks, (2006) "Antecedents and consequences of employee engagement", Journal of Managerial Psychology, Vol. 21 Issue: 7, pp.600-619,

Brad Shuck, Thomas G. Reio, Jr,(2014)“Employee Engagement and Well-Being  A Moderation Model and Implications for Practice”, Volume: 21 issue: 1, page(s): 43-58

Article first published online: July 16, 2013; Issue published: February 1, 2014


Hatton National Bank PLC, Annual Report( 2015-2016)

Human Resource Development Review Vol 9, Issue 1, pp. 89 - 110 First Published December 2, 2009https://doi.org/10.1177/1534484309353560 Available at http://journals.sagepub.com/doi/abs/10.1177/1534484309353560#articleCitationDownloadContainer

Management Study Guide Content Team


Macey, W., & Schneider, B. (2008). The Meaning of Employee Engagement. Industrial and Organizational Psychology, 1(1), 3-30. doi:10.1111/j.1754-9434.2007.0002.x


Solomon Markos Kompaso and M. Sandhya Sridevi,(2010)” Employee Engagement: The Key to Improving Performance”, journal of International Journal of Business and Management,Vol.5, Issue:12