8.New Trends of selection and effective employee engagement

 
Several emerging trends in employee selection and engagement were gaining traction. The idea of employee engagement has always been a contentious subject among corporate leaders. It is fairly obvious that companies with a highly engaged workforce have a better probability of succeeding than their competitors. Many companies, on the other hand, have failed to get employee engagement right. (Shreenath, 2023) Many Financial institutes are putting plans in place to increase employee engagement, which is causing new industry trends. In the years to come, companies will see their leaders focus on how to achieve an outstanding employee experience across the lifecycle of an employee. Employees will become like customers, and their overall happiness will matter as much as customer satisfaction. Current trends will make leaders focus on examining their current employee journey map, and optimize it for their employees.


Recent years have seen a significant transformation in HR functions, mainly as a result of the advent of new technology.HR departments must use technology to streamline procedures and offer a more engaging employee experience across the board, from recruiting to employee engagement and performance management. (Harris, 2023)

These the curated list of the latest trends in employee engagement,


1.Create a people first culture

Engage each employee individually, from top executives all the way down the organizational chart. Employees worldwide are looking for organizations with a people-first culture right now. A culture in which:

The work environment is positive and respectful

Stress is an exception

Flexibility is business as usual

Work-life balance is real

Work is meaningful and valuable within the company

Staff feels appreciated, connected, and fulfilled.

2.Focus on employee recognition & provide ample benefits

Employees need to feel heard and appreciated to connect with the teams and organizations they work in. And if you grow the habit of celebrating their achievements, they might even go the extra mile for our organization.

3. Offer staff more empowerment and growth opportunities

Engage your workforce with the organization by trusting their abilities and responsibility. And you propel the progression they wish for in their careers. modern employees long not only for career growth but also for personal growth. And they make strategic career moves that help them get where they want.

4.Devoloping suitable work place

A fair, respectful, work environment is intimately related to financial sector performance. inclusive workplace means more than profitability, it means employee engagement. Mixing different backgrounds, beliefs, and identities promotes employee engagement.

5.Provide effective feedback

Managers usually give employee feedback once a year during performance reviews. But that's not nearly enough to raise employee engagement and motivation. So then give your feedback for employees then and there, That will increase the employee engagement.

6. Prioritize employee health and well-being

7. Leaders build trust among the employees

8. Listen actively to determine

We all know that happy employees lead to happy and successful organizations. Employee engagement is a critical factor for organizations seeking to attract and retain top talent, increase productivity, and drive business success. As the workplace and the workforce continue to evolve, organizations must adapt to the latest employee engagement trends to meet the changing needs and expectations of employees. (Namitha, 2024)

References

Namitha. (2024). Top Ten Employee Engagement Trends to Watch Out for in 2024.

Shreenath, B. (2023). Top Employee Engagement Trends for 2024. Keka.

Harris, S. (2023). The Future of Employee Engagement: Exploring Emerging Trends and Technologies. workast.

 

 

 

Comments

  1. Agree. However, while technologies offer efficiency and accessibility for employee selection, it's crucial for organizations to ensure fairness, transparency, and ethical use of data throughout the recruitment process to mitigate potential biases and uphold candidates' rights (Barocas & Selbst, 2016).

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  2. Exactly Samudra. The traditional methods of hiring have certainly evolved over the last few years, and alongside a better understanding of the need for diversity, inclusion, fairness and great candidate experience, technology has played a vital role in enhancing the recruitment process's efficiency and accuracy. But, unsurprisingly, automation tools and artificial intelligence within the recruitment space can come with its own set of pros and cons (Caccavale, 2023)

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  3. Agreed, the concept of remote work has become increasingly prevalent, especially in light of recent global events. Companies are reimagining traditional workplace structures and embracing flexible arrangements to accommodate the evolving needs of their workforce. A study by McKinsey (2023) reveals that organizations offering remote work options experience higher levels of employee engagement and productivity, reinforcing the significance of adaptability in today's dynamic environment.

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    1. The paradigm of traditional workspaces has undergone a seismic shift thanks to the Covid pandemic. As a result, remote work has emerged as a dominant trend, requiring human resources departments to pivot faster than ever before. In this comprehensive analysis, we present the most recent remote work statistics that are shaping the professional world and working environments across the nation. (Haan, 2023)

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  4. Agreed with what you mentioned. The engagement improves the emotional state of employees, it also has a positive impact on cognitive thinking and active participation. Psychological and physical well-being, job satisfaction, self-realization, personal results of employee is extremely important (Cheema et al., 2015). Selection is very important to an organization since it directly involve with organizational goals. When an organization could be able to recruit highly skilled employees , it will increase productivity, efficiency , quality and lower the production cost and other issues as well.

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    1. Thank you, Dilan, further, there are quit a number of importance of recruitment and selection in an organization’s human resource planning and its competitive strength. Increasing flexibility in the labor market, recruitment is becoming more and more important in every business now a days (Sterwart, 2001). Competent human resources at the right positions in the organization are a vital resource. It can be a core competency for the organization in future. The prime objective of the recruitment and selection process is to obtain the number and quality of employees that can be selected in order to help the organization to achieve its goals and grow in future (Deseller , 2005).

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  5. Employee empowerment is a management philosophy that focuses on allowing an organization’s employees to make independent decisions and to feel empowered to act as they see fit. This is in contrast to micromanagement, which does not allow for independent decision making. (Wong, 2023)

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    1. Employee empowerment is a modern management approach that enables employees to take ownership of their work, be more creative and engaged in their jobs, and make independent decisions.Organizations can create a more productive and engaged workforce that improves business outcomes by empowering employees. (The Upwork Team, 2023)

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  6. Agreed with you, further A people-first culture requires investing in the growth and development of your employees, no matter your company’s size. In short, employee development ensures that your people have the necessary skills and knowledge to be successful in their roles, now and in the future. (CHARTHOP, 2023)

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    1. Most organizations are successful in building a people-first culture when they are small. As there are fewer people, everyone is helping each other out and it’s easy to see the effects of the efforts they are putting in. As the organization grows, it becomes hard to build such a culture as there are a lot of people and some organizations even get greedy for profits. It becomes a major reason for their toxic work culture. Toxic work culture starts to affect the employees and ultimately their profits. (Tayal, 2022)

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  7. One of the most valuable soft skills for anybody – manager, employee, senior leader etc. – is the ability to actively listen. Active listening has tangible benefits. It helps build connections and trust. It helps you identify and solve problems, understand key information, and increase knowledge. It makes for stronger, more collaborative teams. And, by taking the time to pause and listen, it saves time. Employee surveys consistently come back with complaints about poor communication, transparency, and lack of feedback. Active listening is a key piece of strong communication and employee engagement. (CustomInsight, 2022)

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    1. One of the best ways to become a better leader is to focus on how you listen to employees. Active listening creates space for employees to voice their opinions on business decisions and actions, creating an environment of improved employee morale and engagement. (D'Angelo, 2023)

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  8. : Global employee engagement trends have shifted considerably in lieu of the pandemic. Covid-19 gave rise to new trends in employee engagement that was in-line with the realities of the new normal. While the last 2 years were all about remote employee engagement, employee engagement trends 2023 are all about maximizing the employee experience in hybrid workplaces. (Bhargava, 2023)

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    1. New business models, exponential technology, agile ways of working, and regulation are constantly changing the way organizations work. COVID-19 has only accelerated this transformation, grounded in human experience principles and which, in turn, can drive sustainable change on a behavioral, cultural, and organizational level. We take a closer look at lessons learned through the experiences of employee engagement during COVID-19. (Kewalramani, 2023)

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