This guide outlines what an employee engagement platform is, its benefits, and when you need it.
Engaged employees are crucial to business success. Does your business need an employee engagement platform? The answer may surprise you. Every business is different, and as a result, each one will have different needs for employee engagement.
There are some general benefits that all companies can enjoy by implementing an employee engagement platform. In this blog post, we will discuss why every business should consider using one. We will also provide some tips on choosing the right platform for your company. Let’s get started.
What is an Employee Engagement Platform?
An employee engagement platform is a software application that helps businesses better engage with their employees. A company may, for example, utilize a platform to conduct an employee pulse survey which will help identify areas where the company can improve employee engagement. The platform provides a central place for employees to access company information, give feedback, and connect with fellow employees.
An employee engagement platform helps build a better workplace culture by fostering two-way communication between employees and management. Employees feel more engaged when participating in the decision-making process, and a platform provides that opportunity.
The Benefits of using an Employee Engagement Platform
There are many benefits to using an employee engagement platform. Some of the key benefits include:
- Improved communication: An employee engagement platform helps to enhance communication between employees and management. Employees can easily give feedback, and managers can quickly address any raised issues.
- Increased productivity: By engaging with their employees, businesses can identify areas where employees are struggling and provide the support they need to be productive. A workforce that is engaged tends to be more productive, leading to a 23% higher profit compared to companies with disengaged employees.
- Better retention rates: Employees who feel engaged and valued are less likely to leave their job. An employee engagement platform can help keep your best employees by giving them what they need to be happy at work.
- Improved morale: Employee engagement platforms help improve morale by providing a space for employees to connect with their coworkers. When employees feel connected, they are more likely to be happy and productive.
Every business should consider using an employee engagement platform. The benefits are too great to ignore. The key is to find the right platform for your company’s needs. Do your research, and choose a platform that will help you achieve your business goals.
How to Know When You Need One
How do you know when your business needs an employee engagement platform? The answer is not always black and white, but there are some general signs that a company should consider implementing a platform.
- If the company has fewer than 100 employees: A smaller company may not have the resources to manage employee engagement without a platform. A platform can help to automate many of the tasks that are associated with employee engagement, such as sending surveys and collecting data.
- If the company has a poor retention rate, a high turnover rate can be costly and disruptive. A platform can help keep employees engaged and reduce the likelihood that they will leave their job.
- If the company has poor morale: Low morale can be harmful to a business. A platform can help to improve confidence by providing a space for employees to connect with their coworkers.
- If the company has recently been acquired or merged: Mergers and acquisitions can be disruptive to a workforce. A platform can help ensure that all employees are on the same page and that the transition is as smooth as possible.
- If the company has a remote workforce: A remote workforce can be challenging to manage. A platform can help keep employees connected and engaged, even when they are not in the office.
There are many signs that a company may need a platform. If you are unsure if your company needs one, consider talking to a consultant or an employee engagement expert. They will be able to assess your company’s needs and give you guidance on whether or not a platform is right for you.
Factors to Consider When Choosing One
When choosing an employee engagement platform, there are several factors to consider.
- The size of your company: The size of your company will determine the type of platform you need. If you have a small company, you may want to choose a platform that is easy to use and does not require much maintenance.
- The type of company: The type of company you are will also determine the type of platform that you need. If you are a retail company, you may want to choose a platform to collect customer feedback. If you are a manufacturing company, you may choose a platform that helps with safety compliance.
- The features: Make sure that the platform you choose has the features you need. The platform should allow you to send surveys, collect data, and track employee engagement metrics.
- The cost: Make sure that the platform is within your budget.
- The support: Make sure that the platform offers adequate support. The platform should have a help desk or a customer service line to call if you have any questions or problems.
- Ease of use: Make sure that the platform is easy to use. The platform should be intuitive and user-friendly.
Drawbacks to an Employee Engagement Platform
Although there are many benefits to using a platform, there are some drawbacks that businesses should be aware of.
- The cost: Platforms can be expensive to implement and maintain. Make sure that you choose a platform that is within your budget.
- The time commitment: For a platform to be effective, it requires a significant time commitment from businesses. Ensure that you are prepared to invest the time and resources necessary to make the platform successful.
- The learning curve: There is a learning curve associated with using a platform. Make sure that you are prepared to train your employees on using the platform.
- A platform can be a valuable tool for businesses. If you are considering implementing one, make sure that you weigh the pros and cons and that you are prepared to commit the time and resources necessary to make it successful.
Conclusion
An employee engagement platform can help to improve morale by providing a space for employees to connect with their coworkers. If your company has recently been acquired or merged, or if you have a remote workforce, a platform may be right for you.
When choosing a platform, make sure that you consider the size of your company, the type of company, the features, the cost, and the support. Are you prepared to commit the time and resources necessary to make it successful? If so, a platform could be a valuable asset for your business.