More than half of employees report being relatively unproductive at work. New research into six types of employees shows how companies can re-engage workers while amplifying the impact of star performers. . . . https://hubs.li/Q02yCmmv0
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BY MCKINSEY & COMPANY: Some employees are destroying value. Others are building it. Do you know the difference? More than half of employees report being relatively unproductive at work. New research into six types of employees shows how companies can re-engage workers while amplifying the impact of star performers. The pandemic has forced major changes in how, when, and where people work. It has also bedeviled employers. Due in part to new hybrid and remote-working models, companies are struggling to find objective ways to gauge employee effectiveness—a critical challenge as labor costs have increased and worker productivity has declined. ...... https://lnkd.in/ePPh4BEM
Some employees are destroying value. Others are building it. Do you know the difference?
mckinsey.com
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This is one of the most fascinating articles I have read on modern employment. If you ask some companies, you will hear about a productivity crisis. Other companies will have no clue what you're talking about. This article breaks down a productivity hierarchy in the workplace and gives some thoughtful phycological and sociological insights on how to treat these groups.
Some employees are destroying value. Others are building it. Do you know the difference?
mckinsey.com
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Would love to hear if any of my #peopleanalytics or HR colleagues have ***ANY*** examples of objective ways they used to track the #workforceproductivity of employees who were working in the office before that are suddenly less effective measures of #productivity now that those employees are doing more or exclusively #hybridwork or #remotework? Asking as it relates to this intro passage in the following McKinsey & Company article: "The pandemic has forced major changes in how, when, and where people work. It has also bedeviled employers. ***Due in part to new hybrid and remote-working models, companies are struggling to find objective ways to gauge employee effectiveness*** —a critical challenge as labor costs have increased and worker productivity has declined." #RTO Nick Bloom Dr. Gleb Tsipursky
Some employees are destroying value. Others are building it. Do you know the difference?
mckinsey.com
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Organizations who seek to increase their competitive advantage in the marketplace must not underestimate the value of employee happiness and well-being. This may be the missing link to more effectively evaluating human performance and unleashing the human potential necessary to catapult any organization to the next level. Check out this article which provides some interesting insights on the topic. #happinessatwork #productivityboost #engagementstrategy #employeesatisfaction #growth
As human performance takes center stage, are traditional productivity metrics enough?
www2.deloitte.com
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Some employees are destroying value. Others are building it. Do you know the difference? For more information about the six employee archetypes and the satisfaction spectrum, see the attached article from McKinsey & Company. If you would like to see more articles like this one, then please "Follow" the Eighty20 People page. If you would like to find out how Eighty20 Group can help, then please contact Stephen Miller. #people #recruitment #recruiting #hiring #retention https://lnkd.in/ez3WmaA2
Some employees are destroying value. Others are building it. Do you know the difference?
mckinsey.com
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More than 50% of employees report being "relatively unproductive at work." 🤯 What's the cost of that? For a median size S&P 500 company, disengagement and attrition translates to roughly $228 million a year. Over five years, that's at least $1.1 billion in lost value per company. The employee experience should be differentiated among those that drive value and those that destroy it--which means it isn't just a nice to have. It's a must have. #employeeexperience #peopleoperations #fractionalCPO
Some employees are destroying value. Others are building it. Do you know the difference?
mckinsey.com
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HR Shared Services & Strategy Leader | SHRM-SCP, GRC Certified | Expert in People Operations, EX, & HR Transformation | Driving Leadership & Organizational Growth | Scaling Start-Ups for Success | Cert. LinkedIn Content
Check out this insightful report on how organizations can thrive by allowing employees to make choices in their work environment! @wowmuchskills
Organisations will thrive if they allow employees to choose, says report
muchskills.com
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Here's a novel approach to increasing employee productivity --> Make them happy! Prioritizing employee well-being leads to a surge in worker happiness, which obviously benefits them, but it also helps them thrive in their work role and produce greater results for the company. Win-win! #employeewellbeing https://lnkd.in/de_yzSiX
As human performance takes center stage, are traditional productivity metrics enough?
www2.deloitte.com
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Discover the transformative power of human-centric metrics in organizational success. Hitachi's groundbreaking approach, focusing on worker happiness over traditional productivity metrics, resulted in increased engagement, job satisfaction, and profits. The key takeaways: shift focus from traditional metrics, prioritize employee well-being, and adapt to the evolving work landscape. Explore the full article for actionable insights. #HumanPerformance #FutureOfWork #Productivity #Deloitte2024HumanCapitalTrends https://lnkd.in/erzQtuXA
As human performance takes center stage, are traditional productivity metrics enough?
www2.deloitte.com
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Disengaged employees cost companies up to $550 𝙗𝙞𝙡𝙡𝙞𝙤𝙣 𝙖𝙣𝙣𝙪𝙖𝙡𝙡𝙮 in lost productivity. The cost to replace a disengaged employee? It ranges from $3,400 𝙩𝙤 $10,000—but this doesn't even scratch the surface of the true impact. The real cost of disengagement is often due to businesses missing the mark on what their employees need. That’s why 𝙘𝙤𝙣𝙩𝙞𝙣𝙪𝙤𝙪𝙨 𝙚𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣 is critical. Without evaluating 𝙬𝙝𝙖𝙩’𝙨 𝙩𝙧𝙪𝙡𝙮 𝙙𝙧𝙞𝙫𝙞𝙣𝙜 𝙙𝙞𝙨𝙚𝙣𝙜𝙖𝙜𝙚𝙢𝙚𝙣𝙩, companies risk investing in the wrong solutions, further increasing turnover and productivity losses. Through proper evaluation, businesses can uncover the root causes of disengagement and make data-driven decisions to improve morale, well-being, and performance. This isn’t just about saving money—it’s about fostering a culture of 𝙩𝙧𝙪𝙨𝙩, 𝙧𝙚𝙨𝙞𝙡𝙞𝙚𝙣𝙘𝙚, 𝙖𝙣𝙙 𝙘𝙤𝙡𝙡𝙖𝙗𝙤𝙧𝙖𝙩𝙞𝙤𝙣 that pays off in the long run. Want to learn how evaluation can boost engagement and reduce costly turnover? Let’s discuss your options! 𝙏𝙤 𝙡𝙚𝙖𝙧𝙣 𝙝𝙤𝙬 𝙚𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣 𝙘𝙖𝙣 𝙗𝙚 𝙖𝙣 𝙖𝙨𝙨𝙚𝙩 𝙛𝙤𝙧 𝙮𝙤𝙪𝙧 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙥𝙡𝙚𝙖𝙨𝙚 𝙧𝙚𝙖𝙘𝙝 𝙤𝙪𝙩. 😀 #EmployeeEngagement #DisengagementCosts #HRMetrics #WorkplaceEvaluation #EmployeeRetention #OrganizationalCulture #DataDrivenHR #LeadershipDevelopment #EmployeeExperience #BusinessSuccess
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