The document discusses employee engagement and retention. It notes that replacing employees can cost companies up to 400% of the employee's annual salary. Only 29% of employees are actively engaged in their jobs. Employee engagement is defined as encouraging employees to achieve higher levels and helping the organization reach its goals. The company Archer Bahari provides services to measure employee engagement, identify reasons for low engagement, and design and implement strategies to improve engagement.
2. Losing an Employee in most cases means serving up your investment
in training and development on a silver plate to your competitors.
Something businesses simply cannot afford to do. The cost of
replacing one Employee runs from 150% for a mid-level Manager up
to 400% for a specialised individual—AND THAT IS OF THE ANNUAL
SALARY!
A Middle Manager on $15,000 per month will cost you at least
$270,000 to replace.
ARCHER BAHARI | UNDERSTAND YOUR EMPLOYEES AND ENGAGE THEM
“Too many companies believe PEOPLE are
INTERCHANGEABLE. Truly GIFTED people NEVER are.
They have UNIQUE TALENTS.”
- Warren Bennis
International
research shows
that only 29% of
Employees are
actively engaged
in their jobs
Voluntary
resignations
worldwide are at
their highest level
in over 20 years 68% of
Employees do not
know how their
work affects the
growth of the
company
48% of ALL
Middle Managers
are either currently
looking or are
planning to look
for another job
70% of
Managers are
shocked when
top staff resign
In 2014, an ARCHER
BAHARI survey
showed that 63% of
Employees are
disengaged and
unhappy with their
job
In monetary terms, for every
$1,000,000 an organisation
spends on payroll, $475,000 is
an unproductive overhead.
= 47.5% of your staffing costs
could be being wasted
3. Employee Engagement is a Corporate Cultural Mind-set which encourages ALL employees
to attain higher levels of achievement. Working as an integrated team, they triumph in
reaching the organisations goals and values. At the same time, creating an even greater
sense of well-being.
Basically it is the process of leading people to achieve greater performance in an
organisation by increasing their own sense of contentment.
Employee Engagement starts by building job satisfaction, followed by job motivation,
involvement and finally, truly commitment with organisation’s goals and values.
There are three important things people should know about Employee Engagement:
It can be measured
It can be correlated with performance
Employers can do a great deal to impact on employees level of engagement.
There is a big difference between Employee Retention and Employee Engagement. The
concepts of Loyalty, Engagement and Retention are interrelated but are not the same.
It is possible to retain staff by offering above market compensation and benefits, but are
those Employees really achieving? Are they an Ambassador for your organisation?
A truly engaged employee feels enthusiastic about their role and potential; enthusiasm
which is transferred to your customers, increasing satisfaction and your profitability.
It has also been proven that the more engaged your employees, the higher the calibre of
your customers and the greater your profit margin.
International reports and trends give us a Snap-Shot of typical employee engagement
programs and drivers, these help to give us ideas of what MAY help our organisation, but
how can we be sure?
For any engagement strategy to be truly effective, it is the characteristics of YOUR
corporate culture that sets the path to success. This is found in your teams, businesses
and your entire organisation.
A good and simple start is by asking your employees what is important to them, how they
perceive their role and the company, how they are integrated with their leaders goals,
and their ideas on what would help them to achieve more.
In any case, getting a proper diagnosis of company’s situation and understanding your
Employee Engagement Ranking should be the first step.
WHAT IS EMPLOYEE ENGAGEMENT?
EMPLOYEE RETENTION vs EMPLOYEE ENGAGEMENT
HAPPY EMPLOYEES = HIGHER PERFORMANCE =
INCREASED PRODUCTIVITY = GREATER PROFIT
HOW TO ACHIEVE GOOD EMPLOYEE ENGAGEMENT
ARCHER BAHARI | UNDERSTAND YOUR EMPLOYEES AND ENGAGE THEM
4. DETAILED REPORT AND RECOMMENDATIONS
You cannot manage what you cannot measure.
After in-depth analysis of the results of your bespoke survey, ARCHER BAHARI delivers
a detailed report that helps you to understand the weaknesses in your organisation
that are resulting in a low Employee Engagement Ranking. The reasons behind High
Staff Turnover, Poor Performance and Moral, High Absenteeism, Damaged Brand
Image, Low Levels of Customer Satisfaction are all easily identified from the report.
The real value from using ARCHER BAHARI to increase your levels of Employee
Engagement is that from our unique reporting, we make tangible recommendations
that have proven to deliver solutions to issues and help you chart a course of action.
IMPLEMENTATION OF WINNING STRATEGIES
ARCHER BAHARI works with your team to design and implement Employee
Engagement Strategies that really make an impact, making sure that they are
compelling, consistent, relevant, measurable and most importantly — that it is clearly
understood throughout your organisation.
We recognize that many companies do not have the resources or skills to implement
some of the programs. ARCHER BAHARI offers clients the opportunity to utilise our
expertise to put the strategies into practice, leaving leadership to focus on the
development and growth of the company.
ARCHER BAHARI | UNDERSTAND YOUR EMPLOYEES AND ENGAGE THEM
OURPROCESS
CONDUCT A BESPOKE DIAGNOSIS OF THE COMPANY
ARCHER BAHARI has developed a unique on-line analysis tool which provides us with
a straight forward diagnosis of the issues that lead companies to suffer from poor
Employee Engagement, low productivity, reduced profits and ultimately high staff turn
over.
Working closely with the senior management, we compile our on-line survey to
ascertain the true employee dynamics of the organisation and the Employee
Engagement Ranking. Guaranteeing employees total anonymity, our any-device
compatible tool, designed to take a minimum time to complete, gathers accurate
information from staff, aligning any future investments to the actual needs of the
business.
5. ARCHER BAHARI is an organisation built on Service Excellence, a group of time served
professionals who work in partnership with our Clients and are dedicated to delivering
innovative solutions and add real value to solve staff attraction and HR Management issues
that ensure a company stays ahead in the global Marketplace.
ARCHER BAHARI attracts and helps retain the best individuals to help an organisation grow
in this “War for Talent”. We help leading organisations to understand their employees and
build a culture of engagement that derives efficiency, retains top performers, improves
employer branding and positions the organisation as a recognised ‘Top Employer of Choice’.
At ARCHER BAHARI, all of our experienced Consulting Partners work with our Clients to not
only have an understanding of their business and its issues, but more importantly to have a
full view of the objectives that lead to a successful outcome.
We view achievements not simply as making a recommendation, but more on how we assist
our Clients to achieve greater success through the strategies they develop and implement.
“TURNED ON people figure out how
to beat the competition.
TURNED OFF people only complain
about being beaten by the competition”
- Ben Simonton
ARCHER BAHARI | UNDERSTAND YOUR EMPLOYEES AND ENGAGE THEM
Contact ARCHER BAHARI to find out more about us and how our Professional Partners can help
you Increase your Employee Engagement Ranking, how our Executive Search Services identify and
attract top performers to your organisation or for a confidential discussion on your own career.
MALAYSIA
Level 2, Tower B, The Troika
19 Persiaran KLCC
50450 Kuala Lumpur, Malaysia
Tel: +603 2178 6056
CAMBODIA
18/F Canadia Bank Tower
#315 Monivong Boulevard
12202 Phnom Penh, Cambodia
Tel: +855 2396 2361
Website: www.archerbahari.com Email: info@archerbahari.com
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LinkedIn: ARCHER BAHARI