June - 2016 - issue > CXO Insights
Why Employee Engagement is Key to Success
Sunil Pathak, HR Group Director, Cadence Design Systems (India)
It is a universal truth that happy and engaged employees are the key to a successful organization. Promoting a healthy, positive and productive environment requires a continuous connection with employees through an active and meaningful employee engagement program.
What is Employee Engagement?
Employee engagement defines the way an individual contributes and relates to the organization. An employee's engagement with an organization is both rational and emotional. The rational level refers to the practical aspects of employment such as role and responsibilities, compensation, opportunities for growth and benefits. The emotional aspect is more intangible. It is about the culture at the workplace; teamwork, relationships with managers & colleagues, feeling appreciated & valued, and a close alignment with company's mission and purpose.
Employee engagement is critical to an organization's success in both good and bad times. While in good times, organizations focus on attracting top talent that can help the company to grow and retain the best employees; in tough times, the groundwork laid by the employee engagement process becomes even more critical. A tough business environment can call for drastic decisions that can demoralize the team. However, if employees are kept abreast of the developments, they feel that the company genuinely cares about them and are motivated to help the company succeed; then the effects of a downturn can be mitigated to a large extent.
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