Understanding Employee Engagement and Retention
Employees are involved in their work and have a sense of pride and enthusiasm about it.
Employees discuss why they like (or do not like) their current job.
What is stay interviews?
The path to understanding and assessing employee engagement starts with understanding employee experiences
What is the employee life cycle (ELC)?
The process of maintaining or improving employee job performance.
What is Performance Management?
Measures the retention of particular employees over a specified period of time
What is Retention rate?
Encompassing three different aspects of employee health.
What is well-being?
Programs provide employees with opportunities to learn new ideas and skills, thus preparing them for future positions and challenges.
What is Career Development?
The employer-employee relationship is initiated.
What is recruitment?
What the organization wants the employees to do.
What are behaviors?
This is especially important when evaluating the cost of a lost employee due to voluntary or involuntary turnover.
What is the revenue per employee?
Employees have no involvement in the decision-making or goal-setting processes.
What is Authoritarian culture type?
Instrument used to collect and assess information on employee engagement, satisfaction, and perceptions surrounding the work environment.
What is employee survey?
Acknowledge the value of employees’ contributions to an organization in some outward manner.
What is employee recognition and rewards program?
What the organization wants the employees to produce or deliver.
What are Results?
When you see an increased trend in voluntary turnover, this usually correlates to low engagement.
What is Monthly voluntary turnover rate?
The ability to keep talented employees in the organization.
What is Retention?
Tend to measure important data on specific issues.
What is Employee opinion survey?
Former employees may return to a company at some point with more diverse experience as well as insider knowledge that allows them to hit the ground running.
What are "Boomerangs”
Typical method of measuring employees’ adherence to performance standards and providing feedback
What is Performance appraisal?
The number of separations divided by the average number of employees during that same time period.
What is turnover rate?
Shared and continuous learning are embraced; employees have space to experiment and take certain risks.
What is a Learning culture type?
Overall corporate culture, Relationships with coworkers, The work itself and Contribution of work to the organization's business goals.
What is work environment?
Any part of the selection process that provides an applicant with honest and complete information about a job and the work environment—a clear picture of what a job will be like if the applicant is hired.
What is a realistic job preview (RJP)?
The appraiser directly compares the performance of each employee with that of the others.
What are comparative methods?
Percentage of job positions that remain vacant over a specific period of time.
What is vacancy rate?