Employees are the backbone of any organisation. With the increasingly nuanced discourse on employee wellness and satisfaction, it goes without saying that to promote a positive work culture, companies must ensure employees stay motivated, satisfied, and productive.
Is there a way to measure employee satisfaction levels? Absolutely! Organisations conduct employee engagement surveys to derive meaningful insights into employee satisfaction levels and engagement outcomes, ultimately identifying areas of improvement.
Surveys and feedback results provide a large volume of data that needs to be interpreted and analysed — enter People Analytics — that provides meaningful insights from unstructured data, drives informed decision-making, and builds a positive work culture.
The purpose of people analytics is to capture large data sets derived from the direct (feedback, interviews, reviews, social listening, etc.) or indirect (leaves, R&R, attrition, etc.) voice of the employee across the stages of the employee lifecycle and furnish a comprehensive data mosaic.
The Crucial Co-relation between Data and Comprehensive Feedback
Companies often concentrate on specific, traditional types of feedback such as annual performance appraisals or exit interviews. In doing this, they completely miss out on the fact that obtaining employee feedback should be a continuous process where data must be collected from all stages of the employee lifecycle ─ comprehensive feedback.
Onboarding: Providing a Positive Initial Experience
The onboarding phase is a stepping stone to an employee’s future with an organisation. It is where employees get acclimatised with the vision, mission, and values, and understand their contribution to the organisation’s growth.
To enhance employee experience, employers must deploy effective feedback mechanisms that begin from the onboarding phase. This activity helps to obtain vital data on any inefficiencies in the onboarding process, areas of improvement, potential process issues, and employee expectations from the company.
Continuous Engagement: Maintaining a Consistent Communication Loop
Employee engagement is imperative for any company to achieve exemplary employee experience. Employees are more likely to contribute when they have a platform to voice their concerns or contribute great ideas. Gathering regular feedback through frequent communication fosters a positive work environment and improves employee engagement.
Gallup’s State of the Global Workplace report shows that 15% of the workforce is actively disengaged. Continuous engagement through surveys, pulse checks, and one-on-one discussions is the way forward. Generating data from feedback regularly is important to gauge employee mindset and efficiency towards every aspect of their work.
Learning and Development: Bridging Knowledge Gaps
Professional growth is critical for most employees. Organising training programs allows employees to upskill and advance their careers while contributing towards the company’s goals. Collecting participant feedback on training courses is important as it helps evaluate training effectiveness.
Employee interaction, engaging content material, knowledge retention, and skill application to projects are the key pointers that can be derived from feedback data for better insights.
Attrition Analysis: Identifying Why Employees Voluntarily Leave
High employee turnover is a pressing issue across all industries, as it cripples operations, incurs huge costs, and erodes employee trust.
Conducting attrition analysis involves sourcing data from exit interviews that provide insights into employees' reasons for leaving ─ better career prospects, poor working conditions, unsatisfactory compensation, lack of professional growth, etc. Evaluating the attrition patterns guides employers and HR teams to formulate personalised employee-centric strategies to improve retention.
Life of Pi Explained: Revolutionising How Organisations Source and Analyse Data
Powered by Never Grow Up, People Insights (Pi) is our service that gives you a comprehensive snapshot of your organisation's environment. Employee data collected from surveys, training programs, town halls, one-on-one meetings, and other sources are usually unstructured, making thorough analysis cumbersome and tedious. Pi tackles this problem by consolidating the fragmented data and deriving meaningful insights.
Pi is neither a tool nor software. It is a one-stop shop for providing structured solutions for organisational success. Detailed data begets informative insights, and with Pi, we see this as the first step towards building a work culture where there is something for everyone to benefit from. For a free tour of our sample report, and to read more on how we serve a sweet experience to your team, visit our service offerings page.
Psst! This blog was created after a lot of thought by a real person. #NoGenerativeAI
