Our Financial Services and Employee Engagement teams were interview by DestinationCRM.com on the state and importance of employee engagement in the financial services sector. The article, Employee Engagement Can't Thrive on Bonuses Alone focuses on financial services firms need to look at more than just monetary compensation to keep employees engaged.
You got that right! Great title, drew me straight in Lisa. I'm going to print the article and read on my hols. Will get back to you on my return with any thoughts and inspiration you provoke. For now, a quickie. I recently heard someone speak on outcomes of the financial crisis. This person argued in favour of the bonus as pretty much the only motivator (she had experience in the banking sector). I countered suggesting that a personal development fund could be set aside for people. Experience shows us the power of life long learning and the strong bonds people make with places and organisations they learn from. The response? "It'll never work in financial services, bankers already know everything!". I think the speaker was expecting a laugh - it didn't come.
Ah, the script for a boss! That is easy, but a long way from the traditional one.
First, I suggest the boss do a quick read of Douglas McGregor's "The Human Side of Enterprise" to gain an understanding of the theory behind X and Y. Then commit the…
Jon...
Great stuff. Particularly like the piece about attacking "internal friction".
I still think the macro issues, namely around what kind of relationships does the organisation wish to have with specific groups/classes of employees need to be c…
46 minutes ago
Ray Seghers Brainstorming new Blog ideas for 2010.
My view on this is that where you treat employee engagement like a ‘big bang’ corporate change programme it will always carry a significant risk of turning into an ‘organisational Vietnam’. Don’t go to war in the first place!
Do it by taking lots a…
A manager should always remember he/she is "on stage"- and his/her subordinates notice every little trait so always exhibit the behavior you would want them to emulate.
From Jim's Blog: Changing Winds
I love Leo Babauta’s Zen Habits, in which he writes on simple productivity and life issues. His recent book The Power of Less is a compact and practical guide to reclaiming your life from busyness and inefficiency. I…
Hi Ben...
Thanks for the reply!
Question--what have you seen as a "clear, coherent script" that assures success? And do you think such scripts need updating to address the shifts we've seen in organizations and the marketplace?
All the best from…
In my experience, achieving engagement creates huge increases in productivity per person, morale, retention, profits, sales, and every other "devoutly to be wished" result. So it is always worth the effort.
But the company person, CEO or executive…
You need to be a member of The Employee Engagement Network to add comments!
Join this Ning Network