Posts Tagged "employees"

Better Employee Engagement for Better Profits

Posted by on Aug 24, 2016 in Blog

Better Employee Engagement for Better Profits

When business leaders look for ways to increase their profit margin, they primarily focus on the management of two key areas: sales and costs. Strategies that increase your revenue or reduce costs by streamlining your processes are common ways to increase profits. One often overlooked area that can boost your profit margin is taking steps to increase your employee engagement. How Employee Engagement Impacts the Bottom Line When employees are actively engaged, they are fully committed to putting forth their best effort at work. The extra focus, energy and effort provided by fully engaged employees has been shown to increase performance in a number of key areas for businesses. In 2012, entrepreneur, leadership expert and NY Times best-selling author Kevin Kruse posted an article that compiled the results of a variety of scientific studies that looked at how employee engagement impacts the bottom line. These studies show that fully engaged employees have higher morale, lower turnover, and fewer accidents on the job, which improve profits by reducing costs. Actions taken by engaged employees also directly leads to improved customer service outcomes which build brand recognition and loyalty for the companies that employ them. This, in turn, increases sales, which...

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