Employee FeedbackWhy You Need It and How to Get It
· Aug 26, 2024
Although it may feel like you have a handle on your business, you may be in the dark regarding your employees’ satisfaction with the company, policies, or the way employees feel they are being treated. Without this knowledge, you cannot successfully increase employee morale, company loyalty, nor can you fully identify and meet your employees’ needs.
According to the Employment Times, employees who feel as though they are cared about at work are more productive, have fewer work-related accidents, file fewer workers’ compensation claims, are less likely to steal from their employers, are less likely to quit, and are more likely to recommend the company to a friend. Even if you have already surveyed your customers or clients regarding your product or services, you should also survey your employees to determine how you can improve.
Employee surveys can foster further discussions concerning how to increase employee satisfaction with an organization. The type of survey executed will depend heavily on the needs of your organization and the type of insights sought after.
Address questions around workplace issues (benefits, diversity, effective communications, etc.). The data from these surveys gives an overall sense of employee attitudes to the organization. They are particularly useful in conjunction with layoffs, acquisitions, or when making drastic management changes. These surveys also effectively identify the root of persistent headaches, such as high benefit expenses.
Serve to solicit honest responses from individuals choosing to leave an organization. The data from these surveys can be used to create new procedures for increasing job satisfaction and lowering turnover.
When creating new policies or making significant changes, it is important to survey employees to determine their level of support, acceptance, or resistance to the proposed changes. These surveys allow employees to give their input, which allows employers to make modifications to the changes before implementing them.
Our Employee Experience practice connects your benefits with your workforce, by enhancing benefit usage, increasing HR recognition, and promoting employee engagement through comprehensive rewards. Our Voice of the Employee (VOE) surveys enable organizations to create benefits programs and employee experiences tailored to the specific needs and preferences of their workforce.
We offer a comprehensive library of survey questions covering a wide range of topics, including employee benefit preferences and diversity, equity, and inclusion (DEI). Engaging with your employees and ensuring they feel heard is crucial for encouraging participation in future surveys. This approach reinforces the value of their input and fosters a culture of open communication.
Employee surveys can reveal blind spots in company culture, policies, or treatment. This knowledge is essential to boost morale, loyalty, retention and meet employee needs. By collecting honest feedback, surveys can pinpoint areas for improvement and help you create a more positive work environment.
Contact us for more information on Employee Experience and Voice of the Employee surveys.
IMA will continue to monitor regulator guidance and offer meaningful, practical, timely information. This material should not be considered as a substitute for legal, tax and/or actuarial advice. Contact the appropriate professional counsel for such matters. These materials are not exhaustive and are subject to possible changes in applicable laws, rules, and regulations and their interpretations.