The most basic reason to conduct a survey is to gather ideas for organizational improvement from the people that matter the most – your employees!
A survey gives employees them an opportunity to share their opinions and rate the organization on aspects of the work experience that influence engagement and effectiveness. The results provide the organization with specific ideas on how to improve employee engagement and, in turn, foster retention and organizational effectiveness.
Consider the following:
- Companies with higher employee engagement outperform those with lower employee engagement in Revenue Growth, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA), and Stock Performance.
- According to the National Institute for Occupational Safety and Health (NIOSH), 25% of all employees view their jobs as the number one stressor in their lives.
- Companies with higher employee engagement experience lower turnover and better retention (study of top quartile of engagement scores).
- The Families and Work Institute found that 43% of employees feel anger toward their employers often or very often as a result of being overworked.
Analyses of our 1 million survey database indicate:
- Only 60% of employees “feel valued” at work
- Slightly more than 60% say they are recognized for their extra effort
- Only half of workers indicate they are given regular, constructive feedback
- Engaged employees are 20-28% more productive
- Engaged employees are 87% less likely to leave your organization
Bottom line: Survey at least once per year to discover what your most important assets think, and then act on the results!
