Employee Retention: What Engagement Techniques Are Companies Using Today?

roshni haider
Best Practices for Employee Retention

What are the various best practices in play to retain employees? For this purpose, what are the different kinds of employee engagement techniques being used in different companies?

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Autumn Jane
The Impact of Positive Psychology on Employee Engagement

A recent research published in the Harvard Business Review states that happy employees are good for business.

From two major studies by Shawn Achor and Lyubomirsky, King, and Diener in a meta-analysis of 225 academic studies, the following results were observed:

-  +31% Productivity
-  +40% Career Progression
-  +33% Talent Retention
-  +37% Sales
-  +200% Creativity
-  +900% Employee Engagement

Using Positive Psychology to Achieve Employee Engagement

An extract from my company's newsletter:

Real productivity resides within every human being. It is crucial for organizations to evoke the best in their people to achieve desired objectives. Positive organizational behavior research points out some strategies on how an organization can cultivate a climate of growth and flourishing:

1. **Create a Positive Culture** - Positivity can be generated purposefully. Positive psychologist Barbara Fredrickson, in her "broaden and build" theory, showed that positive emotions broaden our perceptions, thereby connecting us with more possibilities and building up future resources. It is essential for organizations to design their work culture to react to goodness.

2. **Focus on Strengths** - People feel good and energized when they use their character strengths. Cultivating a strength-based organization helps to increase engagement levels and achievements, which means better retention, productivity, and growth.

3. **Instill Meaning at Work** - Workers who understand the significance of their tasks will demonstrate higher performance levels. Organizations also need to communicate their vision and mission consistently so that their employees recognize how their work contributes to a greater good.

4. **Develop Authentic Leadership** - The idea is to position the leader according to his or her natural strengths, allowing them to manage from that set point. Alignment and a positive bias in the following five C's are critical to creating positive leadership: psychological capital, moral compass, internal and behavioral consistency, constant communication, and the creation of a supportive climate.

Positivity affects more than just emotions. It is not mere positive thinking but a systemic approach that asks about "what's best" and "what might be" instead of "what's wrong" in organizations. Naturally, we would create the ideal future and generate the best of people—engaged, motivated, and happy!

Regards,
Autumn Jane
CEO
Align Group
"For Life-Work™ Happiness and Flourishing"
roshni haider
Thank you all. It's proven to be a great help. But if possible, can I get the recent trends going on for engaging employees in FMCGs, pharma, and IT sectors specifically?

Regards,
Thank you very much
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