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Why Employee Experience is Important for your Business Growth

Strengthening the employee experience leads to higher employee engagement, increased productivity, and improved business profits. Explore 8 proven reasons why employee experience matters and how to improve it.

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Why Employee Experience is Important for your Business Growth

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  1. Why Employee Experience is Important for your Business Growth? Explore Now

  2. Employee experience is all about the perception of workers about their journey through all the touchpoints in the organization, starting from job vacancy to the exit from the company. The key components of employee experience management include culture, technology, and physical workspace. A study conducted by Gallup indicated the difference in performance between positive and negative employee experiences: • 41% lower absenteeism • 20% higher sales • 59% less turnover • 10% higher customer ratings • 17% higher productivity • 21% higher profitability

  3. Clearly, positive experience of employees drives business growth and success. Here is how your organization can enhance employee experiences and have a positive influence on the success of company, from social as well as financial perspective. Employee experience is not a one-and-done job. And creating a positive employee experience is even more important due to the sudden expansion of remote wok during COVID-19 pandemic. The exemplars of employee experience provide great compensation, workplace benefits, an environment with trust and respect among workers and leaders.

  4. 10 Ways to Enhance Employee Experience 1. Create a seamless onboarding experience 2. Conduct regular performance reviews 3. Improve internal communications by providing safe communication channels like Microsoft Teams 4. Offer great work perks 5. Encourage a healthy work-life balance 6. Promote team building and social activities 7. Collect employee feedback and take actions 8. Conduct exit interviews 9. Automate your business processes and tasks to simplify the day-to-day life of employees. 10. Invest in technology that allows employees to work and learn efficiently like a Microsoft 365 intranet portal

  5. What’s Next? they lead to better customer engagement and superior business growth. While embedding employee experience strategies in the organizational strategy is critical, a collaborative digital workplace can be your one-stop solution to make learning more engaging and creating a better employee experience. Happy employees are one of the most valuable assets for the company as

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