decisionwise webinar: halting the employee engagement exodus
TRANSCRIPT
Halting the Engagement Exodus
Dr. Tracy Maylett
Chief Executive Officer DecisionWise
Julie Nielsen
Sr. Director of Human Resources American Society for Training & Development
Hosted by Charles Rogel, DecisionWise
©2012. DecisionWise, Inc. All Rights Reserved. www.decision-wise.com
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The Basis for our Webinar
Halting the Engagement Exodus The Public Manager By Tracy Maylett & Julie Nielsen Spring, 2012 Edition
There Is No Cookie-Cutter Approach to Engagement T + D Magazine By Tracy Maylett & Julie Nielsen April, 2012 Edition
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360-Degree Feedback
Employee Engagement
Leadership Development & Coaching
Organization Change
Awareness | Action | Accountability
Clients
About DecisionWise
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About ASTD
The largest association
dedicated to workplace
learning and development
professionals
40,000 professionals…
In over 100 countries
With over 120 US chapters
Working with 20 international partners
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THE CHARGE:
“Create a profile of an engaged employee within ASTD. Since
engagement has an impact on business success, we need to
understand what truly engages our people.”
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Unemployment
Source: Bureau of Labor Statistics. Retrieved April 20, 2012 from http://data.bls.gov
Unemployment Rate 16 and over. Non-farm, seasonally adjusted.
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Quit Rates
Source: Bureau of Labor Statistics. Retrieved April 20, 2012 from http://data.bls.gov
Quit Rate The number of “quits” as a percent of total employment.
©2012. DecisionWise, Inc. All Rights Reserved. www.decision-wise.com
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Unemployment & Quits
Source: Bureau of Labor Statistics. Retrieved April 20, 2012 from http://data.bls.gov
Un
emp
loym
ent
Qu
its
As unemployment increases, quits decreases.
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The Definitive Expert on Loyalty
“Would I ever leave this company?
Look, I’m all about loyalty. In fact, I
feel like part of what I’m being paid
for here is my loyalty. But if there
were somewhere else that valued
loyalty more highly. I’m going
wherever they value loyalty most.”
-Dwight Schrute: The Office
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Employee Engagement Crisis: Macro Level
Decreased Investment in Employees
Expected Increased Employee Output
&
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But, we’re more efficient… aren’t we?
Labor Productivity Output per hour, percent change quarter ago (annual rate).
Source: Bureau of Labor Statistics. Retrieved April 20, 2012 from http://data.bls.gov
©2012. DecisionWise, Inc. All Rights Reserved. www.decision-wise.com
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Employee Engagement Crisis: Personal Level
Negativity About Job Burnout
& half empty
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Poll
In your organization, during the past year, have levels of employee
engagement increased, decreased, or remained the same?
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Layoffs and Turnover
“Keeping Your Headcount When All About You Are Losing Theirs: Downsizing, Voluntary Turnover Rates, and the Moderating Role of HR Practices,” April/May 2008 Academy of Management Journal.
The Academy of Management Journal reports that when layoffs occur, the number of employees
that exit the organization is 5x the number of employees laid off.
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The Physical Exodus….
Sources: -Deloitte Consulting, “Managing in a Turbulent Economy” series -Towers Watson U.S. Strategic Rewards Survey -OI Partners Survey -Adecco Group North America, as reported in HR Manager
49% of employees intend to seek new jobs. 78% of US workers feel that the current job market is the worst they have seen in their lifetime. 50% of Generation Y employees say they are actively seeking interviews with other organizations. 64% of companies are concerned they will lose key managers in a better job market. 48% are concerned they will lose executives.
Employee Engagement Crisis: Personal Level
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The Engagement Exodus…
Employee engagement has dropped by 25% in top performers. 34% of employees do not speak up for fear of retribution Only 57% of employees respond favorably to questions related to growth and development opportunities within their organizations. 47% feel there are few opportunities for advancement. While 90% feel they make a valuable contribution to the organization, 34% do not feel this work is valued, and 40% do not feel valued as employees.
Employee Engagement Crisis: Personal Level
DecisionWise 2011 benchmark database= 9.2 million responses
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Two Unfortunate Scenarios
Loss of Top Talent
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Two Unfortunate Scenarios
Quit, Stay, and Corrupt
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Quit and Stay
DecisionWise Employee
Engagement Database:
• 9.2 million responses in 2011
• 2006-2007: 64-72%
engagement levels
• 2006-2007: Neutral responses
+/- 20%
• 2010-2011: Neutral responses
accounted for nearly ½ of all
responses on some questions.
• Quit, Stay, Corrupt
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Satisfaction
Motivation Effectiveness
Engagement
Outcomes:
Reduced turnover
Increased ROI
Increased levels of
customer/patient satisfaction
Improved customer retention
Reduced error rates
Increase in overall productivity
Bottom-line results
The 3 Factors of Engagement
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Fully Disengaged Opportunity Group Key Contributor Fully Engaged
Bored and frustrated at work.
Generally feel underutilized.
Meet expectations. Constantly learning and taking calculated risks.
Make sarcastic jokes about work.
Spend significant time taking care of personal
needs.
Stick to what you know and take few risks.
Feel stretched beyond your comfort zone.
Speak poorly about the company and leaders.
Do just enough to get by and not get in trouble.
Respond well to leadership.
Take personal satisfaction in the
quality of your work.
Look for ways to find blame.
Pay is a big reason why you stay.
Rarely stretched by assignments.
Work can be stressful but is also rewarding
and fun.
You quit, stay, and corrupt.
You’re putting in the time.
Committed to your job. You love your job!
The Engagement Spectrum
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No Cookie-Cutter Approach to Engagement
Fast food chain
400+ locations
Engaged by:
• Ability to associate with
friends on the job
• Flexible schedules
• 1/2 off of lunch (about
$0.78/wk/ee)
Upper-scale restaurant
110 locations
Engaged by:
• Opportunities for growth,
development, and
advancement.
• Trust of managers
• Guest satisfaction
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THE CHALLENGE:
“We need to figure out how to engage our employees.”
THE REALITY:
Engagement is not something you do TO employees. It is a
choice.
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The Answer is with the Manager
Engaged Managers
have engaged
Employees.
Disengaged Managers
have disengaged
Employees.
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Engaging the Team
The Manager’s Role:
1. Understand what engages the
team, and create the culture
in which they can choose to
be engaged.
2. Hire and develop employees
who can engage in that
culture.
3. Don’t blow it.
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Tracy Maylett
Julie Nielsen
Charles Rogel
DecisionWise
1.800.830.8086
www.decision-wise.com
www.decision-wise.com/blog
Twitter: DecisionWise
Halting the Engagement Exodus
Halting the Engagement Exodus The Public Manager By Tracy Maylett & Julie Nielsen Spring, 2012 Edition
There Is No Cookie-Cutter Approach to Engagement T + D Magazine By Tracy Maylett & Julie Nielsen April, 2012 Edition