Employee Engagement and Empowerment-Based Career Management
Employee Engagement:
Keep People Working With You
Studies show that the departure of a key employee can cost an organisation up to 150 per cent of the employee's annual salary. On a $120,000 salary that's $180,000 – just for one person.
This is because when a key employee leaves, they take valuable knowledge capital with them. The cost of replacing this knowledge vacuum can be huge.
And the reality is that if you don't provide employees a way to manage their careers, they'll do it for themselves – without your involvement or knowledge.
We know traditional retention strategies focusing on 'golden handcuffs' are ineffective.
This is where an engagement-focused retention scheme that emphasises flexibility, accepts change can be desirable for both the organisation and the individual, and which actively helps employees advance their careers offers significant benefits...
Revitalise Your Organisation With An Empowerment-Based Career Program
At EPR, we use an innovative process that enables senior managers to work proactively and honestly with self and others to create rewarding and stimulating career paths.
We call this approach empowerment-based career management.
It enables the organisation to either tailor a career path that will keep the employee actively engaged or a practical plan for succession when the time for departure arrives.
And for employees, it fosters an organisational culture where they are free to express their career ambitions – whatever they might be – and then proactively work with the organisation to reach those ambitions.
The result is happy, actively engaged employees who stay longer, are more productive and provide greater return on the time and money you invest in them.
Get Started: Arrange a free business consultation with an EPR career management expert. Our Consultants can quickly help to identify key improvement areas and outline the design of new empowerment-based programs. Click here to arrange a free, no-obligation consultation now.
Employee Engagement
A Crucial Distinction
Employee engagement is key to productivity and retention. Unless managed well, it will inevitably progress from fully engaged to non-engaged to actively disengaged.
Fully engaged employees work with passion and feel a profound connection to their company. They are intrinsically motivated and drive organisational innovation.
Non-engaged employees are essentially 'checked out'. They're sleepwalking through their workday, putting time – but not energy or passion – into their work.
Actively disengaged employees aren't just unhappy at work; they're busy acting out their unhappiness. Every day, these workers undermine what their engaged co-workers accomplish.