Fast Facts: What You Need to Know About Employee Experience

Published on: November 21, 2019 


As companies push for greater retention, increased revenue and higher return on investment, the focus on the employee becomes even more crucial. The most successful organizations recognize that excellent products and solutions begin with an excellent employee experience.

While stats give us a good insight on the general pulse on employee experience, it is our action that drives the value we want to see.

Click to Tweet

Studies have consistently shown that improving the employee experience adds value to every part of the business. So how are companies currently performing in this area? Check out the top challenges companies are facing and the initiatives they are rolling out to address employee experience in these statistics:


ORGANIZATIONAL CHALLENGES TO EMPLOYEE EXPERIENCE



1. An uneven playing field for learning and onboarding


  • 53% of HR professionals say employee engagement rises when onboarding is improved (SilkRoad)
  • 49% of employers don’t have a plan to cultivate the skills needed in a workplace populated by both humans and machines (Deloitte Human Capital Trends)
  • 60% of organizations say that they are not effective in letting people manage their own careers (Deloitte Human Capital Trends)



2. Making leaders more engaged and engaging


  • Highly engaged employees are 87% less likely to leave their companies than their less engaged counterparts (Corporate Leadership Council)
  • Leaders who collaborate more with their teams are 34% more likely to expect 10% growth or more than leaders who work independently (Deloitte Human Capital Trends)
  • 75% of employees who voluntarily leave jobs quit their bosses, not their jobs (Roger Herman)



3. Digital transformation


  • Despite 78% of companies believing in the importance of digital and transformational leadership, only 5% have strong digital leadership development programs currently in place (Deloitte Human Capital Trends)
  • 75% of job seekers believe that companies whose C-Suite executives and leadership team use social media to communicate about their core mission, brand values and purpose are more trustworthy (Glassdoor)
  • 80% of the global workforce is now deskless (Workplace for Facebook)


HOW COMPANIES ARE ADDRESSING THESE CHALLENGES



1. Go beyond gut feeling


  • 80% of talent acquisition managers believe that employer branding has a significant impact on the ability to hire great talent (LinkedIn)
  • 60% of recruiters believe culture fit is of the highest importance when making a decision whether to hire or not (Jobvite)
  • 76% of the productivity and contribution of an employee will be determined by their level of cognitive ability (Talegent)
  • 73% of organizations indicate enhancing the candidate experience through objective assessments as their top priority (Talegent)


2. Communicate, communicate, communicate


  • Only 40% of the workforce reports knowing their company’s goals, strategies, and tactics (Bain)
  • 69% of C-level executives say transparency in internal communications is critical to their mission and vision (Workplace from Facebook)
  • When employees are more connected and in-the-know, organizations can increase revenue per customer by 10% (Workplace from Facebook)



3. Deliver on your employer brand promise


  • 93% of organizations have established their employee value propositions (TalentView)
  • 75% of job candidates research about the company prior to applying (Rethink Recruitment)
  • 78% of job candidates say the overall candidate experience they get is an indicator of how a company values its people. (Talent Adore)
  • Employee voice is 3x more credible than the CEO’s when it comes to talking about working conditions in that company. (Edelman Trust Barometer)



TalentView is a leading employer branding firm with a mission of elevating human capital standards across the ASEAN region. Working directly with business leaders in Fortune 1000 companies,TalentView’s solutions help create and maintain exceptional experiences to attract, engage and retain their talent. Partnering with key global players including Workplace from Meta, The Bot Platform, Talegent, Indeed, Glassdoor, and Hootsuite.

Uncover Your Brilliance with us!

Full Name *
Email *
Phone
Position You Are Applying For
Type your Message Here *

Fast Facts: What You Need to Know About Employee Experience

Fast Facts: What You Need to Know About Employee Experience Share0 Tweet0 Share0 Published on: November 21, 2019 As companies push for greater retention, increased revenue and higher return on investment, the focus on the employee becomes even more crucial. The most successful organizations recognize that excellent products and solutions begin with an excellent employee experience. […]

Evaluating Psychometric Assessments: 9 Questions You Should Ask (Vietnam)

9 CÂU HỎI NHẰM ĐÁNH GIÁ CÔNG CỤ ĐÁNH GIÁ TRƯỚC TUYỂN DỤNG TRỰC TUYẾN Share0 Tweet0 Share0 Không phải tất cả các bài kiểm tra đều giống nhau. Nếu bạn tin rằng bạn là một nhà tuyển dụng chiến lược, thì bạn có thể sử dụng hoặc đang cân nhắc sử dụng các bài […]

Create a single secure collaboration platform for everyone

Create a single secure collaboration platform for everyone Share0 Tweet0 Share0 Real-life use cases of Workplace for Human ResourcesCreate a single secure collaboration platform for everyoneMyWork, a recruitment company in Vietnam, had different teams trying different communication and collaboration tools including even public Facebook and Messenger for work. They even created a new company fan […]

Onboard employees efficiently through Workplace group

Onboard employees efficiently through Workplace group Share0 Tweet0 Share0 Real-life use cases of Workplace for Human ResourcesOnboard employees efficiently through Workplace group Proper introductions of new employees help them integrate with the wider organisation, and is the critical first step to capitalise on the skills, knowledge and excitement they bring to the workplace.  Before Workplace, new employees […]

Conduct live CEO town halls using Workplace

Conduct live CEO town halls using Workplace Share0 Tweet0 Share0 Real-life use cases of Workplace for Human ResourcesConduct live CEO town halls using WorkplaceOrganising a Townhall for all staff in a hospital is almost impossible. Firstly, healthcare workers have to attend to patients 24/7. Secondly, they work in shifts so it’s unlikely that everyone can […]

Enhance engagement with your branches to deliver superior customer service

Enhance engagement with your branches to deliver superior customer service Share0 Tweet0 Share0 Real-life use cases of Workplace for Human ResourcesEnhance engagement with your branches to deliver superior customer serviceBanco Galicia, one of the largest private sector banks in Argentina and spread across over 423 branches, strives to enhance engagement with their branches to enable […]

Change the way your employees work through technology

Change the way your employees work through technology Share0 Tweet0 Share0 Real-life use cases of Workplace for Human ResourcesChange the way your employees work through technologyBefore Workplace, Ralali.com’s internal communication between departments was not running well because employees were scattered in several cities. Employees were not aware of the company’s activities, promotions, or the latest […]

Becoming a Person of Value

BECOMING A PERSON OF VALUE Share0 Tweet0 Share0 Speech delivered on: October 19, 2019 at the De La Salle University College of Business Graduate School recognition rites.TalentView CEO, Anj Vera, was invited by De La Salle University—one of the country’s top universities—to deliver the commencement address for their College of Business Graduate School recognition rites. In […]

8 Interview Questions to Ask Fresh Graduates

8 INTERVIEW QUESTIONS TO ASK FRESH GRADUATES Share0 Tweet0 Share0 Research has found that using a standardized and structured interview format will give much more accurate results than an unformal one in consistently finding the best candidates.​Preparation is key. Your interview questions should give the applicant a chance to shine, as well as show what’s […]

Grab Identifies The Best Candidates For Promotion Across The APAC Region

Grab Identifies the best Candidates for Promotion across the aPAC Region CHALLENGEGrab is Southeast Asia’s leading everyday everything app; providing transportation, logistics and financial services to millions of users across the region.Grab saw a need to identify the best leaders for promotionThe ride-hailing company also needed to connect the leadership attributes of the job to […]