There is no denying the fact that employee engagement is a serious game-changer for businesses. In a highly complex market, fraught with rising attrition rates, retaining employees is already critical. Add to that a young, vibrant millennial workforce that is hungry for various benefits and means of engagement beyond only compensation, and employee engagement becomes integral to a company’s long-term profitability.
Today, there are numerous ways in which organizations can build their constituency of engaged employees. The easiest one is to create a culture that fosters continuous development and helps workers build the skills they need to do their jobs. Fortunately, a considerable training budget is not necessary to create a meaningful development program. At the same time, HR leaders can help maximize the effectiveness of coaching by counseling managers not to cancel one-on-one coaching sessions and, if necessary, to reschedule them as soon as possible rather than letting them slide. This reinforces an organization’s commitment to its workforce.
Yet another simple way to help employees care more about their workplace is to foster closer connections to colleagues. In the workplace, healthy personal relationships are vital. Hence, carrying out HR sponsored events occasionally will undoubtedly make a difference. Moreover, rewards and recognition can increase employee engagement. Beyond the annual review, appraisals, and quarterly sit-downs, peer recognition, and ‘spot’ recognition programs will help boost employee morale and build the right motivation.
But, then again, employee engagement should be an ongoing effort and a daily priority for every business. Engaged employees are a competitive advantage, and a company’s best asset is its human capital. Hence, business leaders should not think twice about investing in programs and technologies that help improve employee engagement.
With a comprehensive understanding of these new developments in the workspace, HR Tech Outlook has compiled a list of leading employee engagement services and consulting companies to guide firms in harnessing the power of innovative technologies to tackle today’s workspace challenges. It is elaborately compiled to assist you in fostering productive partnerships and improving performance to create a collaborative working environment. This edition also blends thorough thought leadership from subject-matter experts, CHROs, and CXOs, with real-life stories on how the service companies have enhanced the capabilities of their clients.
We present to you HR Tech Outlook’s “Top 10 Employee Engagement Consulting/Service Companies – 2020.”
![Morneau Shepell [TSX:MSI]](https://www.hrtechoutlook.com/company_logos/n48h5222.jpg "Morneau Shepell [TSX:MSI]")
