Employee Engagement Strategies for Maximum Revenue
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Added on 2020/09/03
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The provided report focuses on employee engagement as a crucial aspect of management, emphasizing its role in generating maximum revenue for companies. It concludes that adopting motivational strategies can help retain talented employees and maintain a healthy working environment.
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Employee Engagement and Relations
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TABLE OF CONTENTS INTRODUCTION...........................................................................................................................1 1. Challenges remote ways to improve employee engagements.................................................1 2. Engagement strategies and communication plan of action.....................................................2 3. Importance of engagement strategies to improve the business performance..........................4 CONCLUSION................................................................................................................................5
INTRODUCTION Employee relationship is the key factor of organisation. Every firm needs to find new ways of motivation through which productivity of employees can be increased. It helps to create new leaders to accomplish the target of organisation. In the present report, it will be explain about the remote challenges ways to improve employee engagement. Furthermore, it will be explain about the engagement strategy to meet the needs of the company or the importance of business performance. In this report “Transaction Network Services” company which is situated in UK will be consider. Furthermore, Employee engagement is the process in which HR manager enhance the competency level among team members. In this present report about Transaction NetworkServicescompanywillbeexplained.Itsemployeeretentionstrategiesandits importance will be explained. 1. Strategies to improve employees engagement process. Transaction Network Services Ltd. Is a multinational company that is a supplier of many services to companies like voice services, integrated data processing etc(Anitha, 2014.). TNS needs to improvise the employee relationship to enhance their productivity. Here are the some challenges faced by employees in the organisation. In the organisation sometimes employees are not feel comfort to share the problems with managers(Bal, and De Lange, 2015.). This factor diminishes the motivation level among the employees. TNS line managers should take group activity and meetings to listen the ideas and issues of team members. Line supervisors should earn the trust and enthusiasm of employees. TNS needs to study the regular activities and check weather it is all going good or not. It needs to observe the action taken by team members so that if they face any problem manager can remove that conflicts. It is very important to involve the team members in every decision related to the organisation. I help to create the motivation level of the employees and build team relationship(Bal,Kooij, and De Jong, 2013.). Team members should be involved in 1
making strategies to earn better profit. It helps to build trust and commitments by the employees to put extra efforts to achieve the companies target. Group meeting is necessary to share the thoughts and ideas. It helps to make innovative strategies to earn maximum profit for the organisation. Group meeting helps to interact the employees between each other(Harju, Hakanen, and Schaufeli,2016). And also maintain the employee engagement. Appreciation and benefits are the power pack for the employees to increase the productivity(Mishra,Boynton,andMishra,2014.).Thiswaymakeemployees engagement more challenging and helps to build more profit. Talented employees of TNS wants good appreciation and benefits. It helps to increase the working efficiency among the employees. To increase the employee satisfaction there has to be good relationship between employees. Sometimes team members get bored and wants some different environment to get energetic. TNS needs to create that informal relationship among all employees. It aids to make up new productive environment and optimistic thoughts. These are the challenges which is facing by the employees in the organisation. 2 Engagement strategies and communication strategioes. Engagement strategies helps to create the employees' relationship strong. Strategies are the key tool by which organisation improves their business plans and achieve maximum profit. Employees are the most important input of “Transaction Network Services”. It helps to retain the talented employees in company(Saks, and Gruman,2014.). Below are some areas of employee engagement strategies that are needed to be considered while addressing challenges: “Bottom up”, not “Top to Down:In these employees' engagement strategy company needs to think from bottom to top not top to bottom. Means for smooth working TNS needs to analyse the bottom to top management because during the execution very employee doesn't understand the proper method of work. Between the work they get stuck it effects the individual motivation level. To overcome from this issue manager should check the needs and requirements of team members and helps to resolve the major issues. In every company there have three levels of management top middle and lower. 2
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Manager of TNS needs to identify the bottom to top level and try to solve the query of lower or middle level employees. It helps to create the trust and commitments by the employees towards company targets. Listen to every team members:TNS have 750 employees total. It is very important to listen the problems of the employees. It helps to manage the all things and maintain the good working environment. Listen to every one it is the most crucial strategy to increase the employee engagement(Shuck,and Reio2014.). It is the responsibility of the HR manger of TNS to listen the issues of team members and discussed with them to find out the solution. Give optimistic thoughts and share good practice:This is the another strategy which explains that manger needs to share positive thoughts and praised to talented employees for their work. Employee always want to work in positive environment by which they get motivation and increasing productive power. Proper channel of communication:This strategy gives more power to employees to communicate their things to other team members. HR manager of TNS needs to make proper communication channel by which employees flow their issues and get the best feedback. Preference to individual learning style:If company knows the way by which their employees get to learn so they definitely increase the employee engagement. Weather they work alone or in group. Or also get to know their skills and talent. It helps to increase the productivity of employees by giving its comfort zone of work. Communication strategies Online conferences:TNS is computer networking company. It needs to adapt to communicate the information among the employees. Sometimes if owner of the company wants to talk with the employees. They can take help online conferences by which they easily communicate with the employees. This strategy helps to connect with the people and give more productive opportunities. Social media:It is also the part of communication these days social media is the most popular communication channel between the individuals. TNS needs to communicate 3
with employees by social media sites. Organisation also make international video calls through Skype. It minimizes the time cost and create more strength among employees. E-Mail communication:Communication can be done through verbally or with the help of email. TNS gives important information regarding company they drop the E-mail to all the team members. it helps to maintain the proper communication between company and its employees. 3 Way in which engagement strategy improves the business performance and productivity in long term Employee engagement strategies give various opportunities to grow the business. These strategies help to create long-term relationship in between employees. Motivation of employees gives maximum productivity level(Skaalvik, and Skaalvik, 2014). There are some points which explain the way in which employee engagement strategies help in improving the productivity in long term. Some of these are: Thesestrategiesincreasemotivationlevelamongemployeestoincreasetheir productivity. Engagement planning helps to create new services ideas among the employees for business growth. It creates more competition level to rival companies by making great team building power. Preference to Individual learning gives motivation to employees so that they give their best efforts towards organization target. Internet communication channel gives more flexibility to individuals. It gives new platform to work new technique by which they give more productive work. Individual team members contribute innovative ideas and thoughts which is very fruitful for the organisation. These motivational strategies create new leadership power among employees which helps to create new professional environment. Engagement strategies helps employee to maintain their position with the company in long-time. It gives more talented employees in the organisation. 4
Employee engagement strategies helps to give different opportunities to TNS Company. It helps to create innovative servicesby which company achieve the requirements of the customers.These strategies expand the business and its services. It also attracts new talented employees from outsideso that company make strong team members.It helps to maintain the trust loyalty with the company(Taylor, and Kent, 2014.). This employment engagement enhance the competency level of employees. It helps to increase more competition level. In the TNS company it creates clear communication channel between all team members. Conflict scheme also maintain the healthy working environment and gives optimistic thoughts. also, HR manger of TNS needs to listen all issues of employees to increase the team building among the employees. CONCLUSION Employee engagement is the most crucial part for the management. It gives maximum revenue to the company. Talented employees are always needed in the company for that organisation has to provide some motivational strategies by which team members are not get demotivated and works effectively. From the above report it was concluded that the company has to adopt some strategies to maintain the good talented employees. The communication strategies through which employees get easily connected with the managers and its team members. Furthermore, it was concluded that TNS needs to adopt some motivational strategies to increase the productivity of employees. And retain talented employees. 5
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REFERENCES Anitha, J., 2014. Determinants of employee engagement and their impact on employee performance.International journal of productivity and performance management. Bal, P. M. and De Lange, A. H., 2015. From flexibility human resource management to employee engagement and perceived job performance across the lifespan: A multisample study.Journal of Occupational and Organizational Psychology.88(1). pp.126-154. Bal, P. M., Kooij, D. T. and De Jong, S. B., 2013. How do developmental and accommodative HRM enhance employee engagement and commitment? The role of psychological contract and SOC strategies.Journal of Management Studies.50(4). pp.545-572. Harju, L. K., Hakanen, J. J. and Schaufeli, W. B., 2016. Can job crafting reduce job boredom and increase work engagement?Athree-yearcross-laggedpanelstudy.Journalof Vocational Behavior.95.pp.11-20. Mishra, K., Boynton, L. and Mishra, A., 2014. Driving employee engagement: The expanded roleofinternalcommunications.InternationalJournalofBusinessCommunication,51(2), pp.183-202. Saks,A.M.andGruman,J.A.,2014.Whatdowereallyknowaboutemployee engagement?.Human Resource Development Quarterly.25(2). pp.155-182. Shuck, B. and Reio Jr, T. G., 2014. Employee engagement and well-being: A moderation model and implications for practice.Journal of Leadership & Organizational Studies.21(1). pp.43-58. Skaalvik, E. M. and Skaalvik, S., 2014. Teacher self-efficacy and perceived autonomy: Relations withteacherengagement,jobsatisfaction,andemotionalexhaustion.Psychological reports.114(1). pp.68-77. Taylor,M.andKent,M.L.,2014.Dialogicengagement:Clarifyingfoundational concepts.Journal of Public Relations Research.26(5). pp.384-398. 6