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.
Sitka was honest all the way through and went above and beyond to make me feel prepared and ready for the interview. Everything went really smoothly and I had regular communication from Ita who made sure I knew everything I needed to along the way. I felt equally as important to the agency as the client and knew I could trust Sitka to represent me as a candidate.
I just want to say a big thank you to Ita for believing in me and being so supportive from the first LinkedIn message until I started my first week!
Sitka take time to seek out opportunities that will actually be a good fit for you. For the first time I felt a recruiter was actually working for me not just for themselves/the employer.
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.
Karen was extremely helpful throughout the entire process, providing interview tips, personal help, and preparation before my interview. I felt that Karen genuinely wanted me to do well and get the job that I wanted.
I was recommended Sitka by a mutual contact who thought Karen and Ita would understand our requirements and our organisation. I met with them and I definitely felt they were the right agency for us. The recruitment process was seamless, they made it very easy for me.
The recruitment process was excellent. Karen provided me with updates on a regular basis and the level of communication at all points was handled very well. The whole recruitment process was handled extremely efficiently from start to finish.