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20 Benefits You Get from Employee Involvement

Questback
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6 min read
Employee Experience
20 Benefits You Get from Employee Involvement

Employee involvement is a powerful and disruptive way to choose; it has the potential to transform the way your organization performs.

Your employees crave feedback.

Whether negative or positive – they want to know it all. Why?

Because they want to know how they can be better employees. Because getting a clear picture of performance helps identify weaknesses to be improved as well as strengths that can be leveraged. Because being heard makes employees feel valued.

This feedback goes both ways, too. You stand to learn as much from your employee’s and they do from you. Which is another important reason to take what they say seriously? Employee feedback makes a huge impact on engagement. Managers giving little or no feedback fail to engage up to 98% of the workforce.

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Employee involvement – 20 benefits 

So, the voice of the employee is critical to business. There are many benefits. Here are 20 of them:

1. You motivate better performance

Work is more meaningful to people who’ve had a role in shaping the agenda. Companies that create a positive feedback culture, where employees have an ongoing opportunity to give ‘always-on’ feedback, are more invested and productive. And the kind of feedback you give matters too. Managers focusing on employee strengths are one-third more likely to manage actively engaged employees compared with managers focusing on weaknesses.

2. You attract and keep talent

By giving your talent a voice, and paying attention to their feedback, you’ll be able to hold on to them for longer, in satisfactory roles. A consistent feedback culture empowers your talented employees to grow with the organization, and it makes it easier for you to know what their drivers and values are.

3. You spot HR issues sooner

You can better predict what’s coming next. Because you’ll know important data, like which department will have the biggest turnover. Comments and feedback will alert you early on to issues affecting engagement so you can do something about them before they become complicated, costly HR problems.

4. You develop better products

Running a holistic, integrated, and real-time feedback system means issues – in-house or with your product, also come to your attention much faster. You save not only time, but headaches along the road. And you’ll be guaranteed an actionable and constructive suggestions to run your business better. But also use better software like a time clock app with GPS if you work with blue color workers and time management. 

5. You embrace change

Change is inevitable in any organization, but the way it is implemented doesn’t have to be negatively disruptive or exclusively top-down. Your workforce becomes more open to change when it is discussed openly, when people can give their views, voice their concerns and have them heard. Adopting a feedback culture demonstrates to employees that people and inclusion matter when it comes to the change process.

6. You are more profitable with higher employee involvement

You will have double the success of businesses with less engaged employees. Because people care a whole lot more about company success, when they work for a company they know cares about them. Employee involvement is a predictor of business profitability.

7. You have fewer missed days

The amount of missed days per year goes down in businesses that implement 360 degree or continuous feedback. Especially from your most valued, talented employees who understand where they are in their career path.

8. Your workplace is a safe space

The quality in your workplace gets a huge spike, too where there’s regular employee feedback. Businesses with engaged employees report 48% fewer safety incidents and 41% less product defects.

9. Your customer satisfaction increases

Your customer service sees a direct improvement. For example, Morrison Talent Management saw a 1% increase in client satisfaction for every 2% they engaged their employees.This trends holds across industries and business categories. It’s true that behind every satisfied customer, there’s a happy employee.

10. You manage change better

We see it all the time at Questback. Companies that manage employee feedback see drastic reductions in employee turnover, anywhere up to 10% in one year. The knock-on effects of this, from lowered recruitment costs to productivity, are staggering.

benefits of employee engagement

11. You find more fixes

Imagine a retail company implements a pulse feedback system and finds that a recent structural change has caused a disgruntlement issue. An employee in the same survey, who would not otherwise have a say in HR processes, submits a suggestion which not only quickly provides the solution, but leads to a spike in productivity and engagement.

This is the power of employee feedback. Every company has undetected but significant problems, as well as in-house solutions, which implementing real-time feedback can uncover. Transformation can happen all the time.

12. You uplift your teams

Appreciation issues, where people feel undervalued or undeserved – become history. Because employees are able to tell you how they feel, and you can tell them what you think, people feel better. There’s more trust. This kind of caring, two-way relationship between employees and management and senior leadership, makes companies not just feel better, but work better. This can be shown during meetings and the daily standup.

13. You nurture learning

A feedback culture makes it easier for older employees to expand their comfort zones by learning from younger ones, and vice versa, younger employees can readily tap into the experience and wisdom of seniors. Millennials, for example, can share their Social Media skills with older members of the team. Employees are eager to share what they know, whether it’s helping to run the business better or to help expand a colleague’s skill set. A feedback system facilitates a culture of shared learning.

14. Your ideas are sharper

Running employee listening campaigns and asking targeted questions in short pulse surveys, for example, you’ll start having more creative, and collaborative ideas to improve your business. As Steve Jobs said, “Creativity is just connecting things”. And the more people’s dots you have to connect, the better the ideas.

15. You know where you stand

Many companies, like Google, let people rate managers and work processes. The ratings can be anonymous or public (even liked or down-rated for a “double-loop” effect). This means, one way or another, managers can know in real-time how they’re performing and how employees feel about management processes. Although it might be daunting, today’s employees are more connected and used to rating than before, so it’s better for a company to be ahead of the curve and ask for opinions directly.

16. You have better parties

Office parties become a lot more enjoyable when they’re attended by a group of people who feel inspired. Once you implement employee feedback seriously, you start to create an infectious company culture that passes on to your results (and your parties).

17. You cut turnover costs

It’s cheaper to keep (and engage) your existing employees than to hire new ones. Feedback systems are not expensive in today’s online world. Don’t choose expensive and cumbersome (and unsatisfactory) annual surveys, choose pulse or ‘always-on’ surveys which are relatively cheap and very simple to run and will repay huge dividends in employee retention.

18. You build community through employee involvement

Colleagues become better connected, and workplace loneliness becomes a thing of the past. Companies that do employee feedback drive more commitment and passion in the organization.

19. Your eNPS increases with better employee involvement

Your employee net promoter score goes up when you make employee feedback a habit. One study found that engaged employees had 37% eNPS over just 10% for less engaged teams. The e-NPS is a variation on the customer NPS, and instead of asking if you’d recommend your business to a friend, it asks simply would you recommend working at this company to a friend?

20. You inspire leadership

In an employee feedback culture, managers are never oppressors but mentors. Coaching and helping, rather than micro-managing and complaining, are the norm. This creates positive leadership psychology and an environment where innovation, better practices, and deeper engagement can not just happen but flourish. Invest in your employees’ well-being and development, at the same time, keep your professionalism by making use of the agreements and invoices, such as the health coach contract template.

Benefits of Employee Involvement – Time To Get Serious…

Employee involvement don’t have to be awkward or hard to manage. Implementing a holistic, integrated, and real-time feedback system will bring very quickly a lot of these great benefits for your business.

Hearing and responding to the voice of employees is vital to business. It can give you the accumulative, strategically-won competitive advantage that lifts everything.

Does your company have an employee feedback culture? What tools and technologies are you using?

Try Questback 14 days for free

Try Questback 14 days for free.

Send surveys and analyse reports
Get started in 5 minutes
No credit card required

Read more about eNPS

FAQ

1. You motivate better performance
2. You attract and keep talent
3. You spot HR issues sooner
4. You develop better products
5. You embrace change
6. You are more profitable
7. You have fewer missed days
8. Your workplace is a safe space
9. Your customer satisfaction increases
10. You manage change better
11. You find more fixes
12. You uplift your teams
13. You nurture learning
14. Your ideas are sharper
15. You know where you stand
16. You have better parties
17. You cut turnover costs
18. You build community through employee involvement
19. Your eNPS increases
20. You inspire leadership

Read more about each point in our blog!

Whitepaper

Guide for high employee engagement

Find the 4 driving forces of engagement split up into 33 solid methods that you can use to be a better leader and raise your team’s performance.

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