Corporate Giving Is Essential
InStyle Event / By Tammy Nucci, Executive Director
The significance of employee engagement, which is defined as the emotional and functional commitment an employee has to his or her organization, cannot be overemphasized. Companies with engaged employees outperform those without by up to 202%! Engaged employees are also happier, stay with companies longer, and are more philanthropically minded.
When employees are effectively and positively engaged with their organization, they form an emotional connection with the company. This affects their attitude toward their colleagues and their daily tasks. It also allows them to be more productive and improves customer satisfaction and service levels.
While the benefits are explicit, employee engagement is a challenge for most companies, with over 71% of employees reporting that they are not fully engaged. So how can you use corporate events to increase your employees’ engagement? The concept of corporate events encompasses company dinners, meetings, conferences, symposiums and even recreational activities for employees.
An employer with an engaged workforce can experience higher productivity, higher profitability, and lower absenteeism and turnover rates. Employers who create a culture of highly engaged employees see measurable results from increased employee happiness to improved bottom-line success. According to Harvard Business Review, happy employees are three times more likely to perform at a high level. On average, an effective employee engagement strategy helps to create employees who are:
30% MORE PRODUCTIVE
37% MORE SUCCESSFUL SALES PEOPLE
3 X MORE CREATIVE
... than their less-engaged colleagues.