With diversity on the rise and a lack of skilled candidates in the market affecting 65% of employers, businesses have a significant job on their hands when it comes to employee engagement. But the benefits are considerable; engaged employees are easier to motivate, more productive, and more like to stay loyal to their employer (233% more loyal according to one study).
If that doesn’t persuade you, perhaps the fact that companies with an employee engagement programme achieve 26% greater year-over-year increase in annual revenue will.
Sitka are delighted to have recruited two members of staff for Creditsafe Business Solutions, one of a handful of companies in Wales to be ranked in the Sunday Times 100 Best Companies to work for 2016. We asked Gareth Way, Chief HR Officer at Creditsafe’s shared service centre in Cardiff what they do to keep their employees engaged.
“We’re very proud to have a strong management team who value employee career development and provide support to employees at an individual level,” said Gareth.
“We provide all our staff with opportunities to train and grow, even if it’s not directly related to their work.”
Candidates consider advancement opportunities one of the top three most important factors when considering a job. When you consider that 46% of people leave their jobs because a lack of development opportunities, it’s easy to see why companies like Creditsafe are getting accolades for their proactive approach.
Recruitment and onboarding
Investing in engagement makes sense from a recruitment perspective as well; internal hires (38%) and employee referrals (34%) are the highest source of new appointments. In addition, candidates read an average of six reviews before they form an opinion about a company. Treating your current employees well will invariably lead to positive word of mouth and more positive online reviews to support your recruitment efforts.
Gareth says the initial recruitment process is crucial to getting engagement off to a good start: “The consideration given to candidates during the selection process plays a big role in getting the right people to begin with. Recruiters like Sitka who take time to understand the specific workplace culture and skills required are much better able to find people who are a good fit. And those people tend to be much easier to onboard and retain.”
But it’s not just employers who recognise the value of engagement in the early stages of recruitment. Claire Cooper, a candidate we recruited for Tŷ Hafan, says: “The recruitment process is such an important reflection of an organisation – often the first impression with a prospective employee. Because my experience was a positive one which enabled me to succeed in landing my dream job, I certainly felt more confident in starting with my new employer.”
“We want our staff to be incentivised to do a good job at Creditsafe” said Gareth, “so we offer attractive remuneration packages and other rewards for good performance. We also encourage a culture of transparency and try to listen to our employees’ ideas.” Their employees testify to this; as the Sunday Times report states: ‘Suggestions are taken seriously when staff have a brainwave at Creditsafe Business Solutions…they provide plenty of opportunities for employees to submit ideas in suggestion boxes, focus groups, surveys and intranet polls.”
Work-life balance has another big influence on engagement. One study found that 54% of workers in Britain value a healthy work-life balance over the salary amount. 68% of staff at Creditsafe were found to be happy with their work-life balance. It’s not that hard to believe when some of the staff incentives include Group wide anniversary conferences (this year in Alcudia, Spain) and a half day long ‘School sports day’ engagement event that leads into a summer party to thank employees for their hard work.
Recent research found that 25% of candidates want to work for employers with a strong charitable ethic. Allowing employees time off to volunteer during working hours can be a great way to provide them with a sense of purpose and increase their satisfaction in the role. This is another area where Creditsafe excels, to the extent that they’re ranked 29th among mid-size firms for charitable activity, 89% of their employees recognise that the company encourages charitable work and 10% undertake it during company time.
Sitka is privileged to work with clients like Creditsafe who recognise the value of culture, development and the recruitment process to engage their existing and future workforce. If you’d like any help with talent development, please get in touch.
Ita took the time to ask about our business, our culture, the role and really understood what we were looking for. This resulted in a really straightforward recruitment process. All of the candidates put forward were of exceptional quality and I would definitely recommend Sitka to my colleagues and network.
The recruitment process was easy, and after our initial conversation with Ita she advised us on how to fine tune the job specification and tailor to to attract the right candidate for our needs. The delivery and recruitment service was swift and Ita kept us informed at every stage of the process.
The candidate we chose in the end was the right fit for our business. They have just passed their probationary period with flying colours and have fitted in like they have always worked for us.
Sitka wanted to know about the organisation, our culture, our plans and aspirations. This meant they could be really confident talking about us and I’d like to think they were proud to be working on our behalf.
The experience of working with Sitka was really enjoyable. It was like talking to a friend who knew all the answers to my future career.
Sitka was the only recruitment agency I encountered during my job hunt that I didn’t find completely overbearing. Their integrity was clear throughout the process and not once did I feel pressured by their agents.
My recruitment experience with Sitka has been brilliant. I was dealing with Karen who is so friendly and attentive. She really listened to what it was I was looking for and put me forward for a role I am now in and love.
I felt like they truly cared and weren’t just trying to fill vacancies as quick as possible. Other agencies kept suggesting roles I had already said I wasn’t interested in. This wasn’t the case here, and they really wanted to find the right person.