{"id":6886,"date":"2017-11-01T08:35:53","date_gmt":"2017-11-01T15:35:53","guid":{"rendered":"https:\/\/bwblogdev.wpengine.com\/real-time-feedback-key-to-stronger-millennial-employee-experience\/"},"modified":"2024-09-23T17:34:14","modified_gmt":"2024-09-24T00:34:14","slug":"real-time-feedback-key-to-stronger-millennial-employee-experience","status":"publish","type":"post","link":"https:\/\/www.betterworks.com\/magazine\/real-time-feedback-key-to-stronger-millennial-employee-experience\/","title":{"rendered":"Real-time Feedback: Key to a Stronger Millennial Employee Experience"},"content":{"rendered":"\n<p>In an increasingly competitive marketplace, modern businesses like Uber, Apple and Amazon have been gathering customer feedback at every touchpoint in an effort to improve the customer experience. With this invaluable information, they are able to continuously improve their products and businesses, giving themselves a competitive edge.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>But why don&#8217;t companies apply an equally intense focus on their biggest investment \u2013 their employees? Why don\u2019t companies constantly and actively seek feedback with a goal of <a href=\"https:\/\/www.betterworks.com\/employee-feedback-foundation-to-a-better-employee-experience\/\">improving the employee experience<\/a>? When it comes to efforts towards improving life on the job, there\u2019s a huge disparity compared to the attention given to customers. This disparity is a major reason today\u2019s workforce \u2013 <a href=\"https:\/\/www.betterworks.com\/hyphen-helps-millennial-workforce-thrive-at-dream11-indias-first-gaming-unicorn\/\">Millennials<\/a>, primarily \u2013 are shifting so often from workplace to workplace.<\/p>\n\n\n\n<p><strong>The State of Staying<\/strong><\/p>\n\n\n\n<p>Younger employees simply are not working with a company as long as previous generations. According to LinkedIn, in the 20-year period from 1990 to 2010, the number of companies people worked for in the five years after graduation has nearly doubled. A recent survey conducted by Harris Poll shows that by the age of 35, 25% of workers have held five jobs or more.<\/p>\n\n\n\n<p>To make matters worse, the costs associated with talent acquisition continue to rise. Once purely an HR function, talent acquisition now involves multiple teams across the organization, costing more in hours and dollars. In addition, new technologies offer an ever-growing array of new HR tools and solutions, including specialized software, <a href=\"https:\/\/khoros.com\/blog\/ultimate-social-media-metrics-guide\" target=\"_blank\" rel=\"noopener\">social media<\/a> and video.<\/p>\n\n\n\n<p>It follows, then, that employee retention is more important than ever, and providing a better overall experience for our employees is a primary factor. Nearly 80% of executives surveyed in Deloitte\u2019s <a href=\"https:\/\/www2.deloitte.com\/us\/en\/pages\/human-capital\/articles\/introduction-human-capital-trends.html\" target=\"_blank\" rel=\"noopener noreferrer\">2017 Global Human Capital Trends<\/a> report rated employee experience as very important or important, but only 22% said their companies were excellent at building a differentiated experience.<\/p>\n\n\n\n<p>And yet, only 22% of today\u2019s companies take the time to survey employees quarterly or more often, 79% survey employees annually or less often, and 14% never survey employees at all.<\/p>\n\n\n\n<p>So, how to go about improving the employee experience \u2013 and what does that really mean?<\/p>\n\n\n\n<p><strong>The Employee Experience<\/strong><\/p>\n\n\n\n<p><span style=\"background-color: transparent;\">The employee experience is the sum of all the workplace, HR and management practices that impact people on the job. According to the Deloitte report, despite the low numbers above, improving the employee experience has become a major trend, prioritizing organizational culture, engagement and employee brand positioning. The four specific areas examined in their report are:<\/span><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Helping employees balance personal and professional life\/work demands<\/li>\n\n\n\n<li>Aligning employees and personal goals with corporate purpose<\/li>\n\n\n\n<li>Providing programs for younger, older, and a multi-generational workforce<\/li>\n\n\n\n<li>Understanding and using design thinking as part of the employee experience<\/li>\n<\/ul>\n\n\n\n<p>While respondents said some of these areas have gotten better in the last year, others are flat or have gotten worse.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-vimeo wp-block-embed-vimeo wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"How to Give Feedback to Employees\" src=\"https:\/\/player.vimeo.com\/video\/1008923918?dnt=1&amp;app_id=122963\" width=\"1080\" height=\"608\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>A Better Experience for All<\/strong><\/p>\n\n\n\n<p>One forward-thinking retail executive in the Deloitte report summarized the importance of a better experience for employees when he noted, \u201cWe used to prioritize shareholders first, customers second and employees third. We now realize we had it backward. If we put employees first, they in turn take care of our customers, who in turn take care of our shareholders.\u201d<\/p>\n\n\n\n<p>To accomplish this, companies need to do more than collect annual or quarterly surveys; they need a new approach. They must put systems in place to collect ongoing feedback at various touch points, including crowdsourced ideas and suggestions. Only then will HR and company leadership have a true understanding of each employee\u2019s experience.<\/p>\n\n\n\n<p>Engagement surveys are still vital and must be offered at various stages of the employee lifecycle. It\u2019s also important to send out frequent, short polls to get a quick pulse on employee satisfaction and gain brief feedback about various tasks, initiatives and\/or deliverables.<\/p>\n\n\n\n<p>Engagement surveys and pulse polls are a great way for leadership to obtain feedback on any subject or issue they deem important, but employees must also have the ability to provide feedback outside of leadership\u2019s questions. Employees need a platform to voice their opinions from the bottom-up, in an open environment and without the fear of judgement. They must be able to voice their ideas and opinions freely.<\/p>\n\n\n\n<p>And this is where modern platforms like Betterworks Engage can help organizations retain their best talent.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1500\" height=\"938\" src=\"https:\/\/www.betterworks.com\/wp-content\/uploads\/2017\/11\/bottomUp-sm.png\" alt=\"\" class=\"wp-image-82498\" srcset=\"https:\/\/www.betterworks.com\/wp-content\/uploads\/2017\/11\/bottomUp-sm.png 1500w, https:\/\/www.betterworks.com\/wp-content\/uploads\/2017\/11\/bottomUp-sm-1280x800.png 1280w, https:\/\/www.betterworks.com\/wp-content\/uploads\/2017\/11\/bottomUp-sm-980x613.png 980w, https:\/\/www.betterworks.com\/wp-content\/uploads\/2017\/11\/bottomUp-sm-480x300.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1500px, 100vw\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>The Real-time solution<\/strong><\/p>\n\n\n\n<p>Platforms such as Betterworks Engage have developed capabilities such as bottom-up, crowd-sourced ideas and feedback suggestions to help employees speak up and HR and leadership easily identify the most pressing concerns.<\/p>\n\n\n\n<p>Kevin Freitas, ex-HR Leader, InMobi remarks, \u201cUsing <a href=\"https:\/\/www.betterworks.com\/real-time-feedback-key-to-stronger-millennial-employee-experience\/\">Betterworks Engage<\/a>, communications can be personalized or anonymous, templatized or customized, and the system uses familiar social network interactions (for example, \u201clike\u201d and up\/down voting), as well as being mobile-friendly. It\u2019s a solution designed to be used, and used often \u2013 the only way to generate enough honest employee feedback to make a difference.\u201d<\/p>\n\n\n\n<p>By asking the right questions of their employees, and listening to answers and crowdsourced ideas, companies are easily able to improve tackle feedback, ideas, and issues sooner rather than later, improving overall employee experience and keep employees longer \u2013 Millennials or not.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Identify the concerns of your millennial employees by collecting ongoing feedback at various touch points. <\/p>\n","protected":false},"author":45,"featured_media":77115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","inline_featured_image":false,"footnotes":""},"categories":[237],"tags":[],"featured_location":[],"industry":[],"class_list":["post-6886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employee-experience"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Real-time Feedback: Key to a Stronger Millennial Employee Experience<\/title>\n<meta name=\"description\" content=\"Collecting real-time feedback is the only way to obtain an understanding of your company&#039;s employee experience, especially with Millennials.\" \/>\n<meta name=\"robots\" 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