How happy are you and your country compared to other nations? Since 2012, the World Happiness Report has attempted to quantify our state of global happiness, measuring the state of ‘well-being’ to assess the progress of nations. Over the past 3 years, it seems Nordic countries are among the happiest (Denmark, Switzerland, Iceland, Norway and Finland are the top five, respectively) while economic powers like the U.S and China sit in 13th and 83rd. But do these ‘levels’ of happiness translate to the workplace?
Recent employee retention statistics would suggest otherwise. Research from Willis Towers Watson found that more than 50% of all organizations globally have difficulty retaining some of their most marketable employees.
Long gone are the days where workers would remain with their employer from graduation to retirement. For one, a more transparent workplace – with anonymous company and colleague reviews readily available – puts businesses more in the spotlight than ever. Additionally, more competition and lower unemployment offer employees all the bargaining chips: if they aren’t engaged or happy, there is plentiful opportunity for them to go elsewhere. So what can you do to try and keep your company’s employee retention down?
Gallup has found that employee performance can be attributed to two major factors: engagement and well-being. Employees who strive in both of these aspects are:
- 27% more likely to report “excellent” performance by their organization.
- 59% less likely to look for a job with a different organization in the next 12 months.
Keep your employees happy and engaged, and you won’t have to worry nearly as much about them leaving. And enabling a strong, positive and proactive organizational culture is the best way to do just that.
What is organizational culture?
Organizational culture – the system of shared assumptions, values and beliefs which govern how people behave in organizations – should be an area of high importance in any business. In terms of employee retention, a strong and well-defined organizational culture can ensure workers are engaged and connected every day they come into work. An engaged workforce equals happy employees and employee retention drastically improves—sounds like a win-win, right?
In the rest of this post, we’ll explore how you can build and maintain a proactive organizational culture through your company intranet.
How Millennials Want to Work and Live – the most comprehensive study of the millennial generation to date – included more than 1 million respondents and revealed that just 29% of them are engaged at work. The remaining 700,000 responded as either not engaged or actively disengaged.
As is now becoming common; when we look towards ways of improving in the workplace, technology is our enabler. Platforms such as Microsoft’s Office 365 offer a range of collaboration and communication features to get employees working together (and through that, boosting productivity and efficiency). It’s no wonder then, that the platform has seen wide-scale adoption over recent years.
By accommodating to both companies and individuals on such a large scale, however, Office 365 lacks the dedicated functionality and levels of customization that some companies require – and this can lead to lapses in employee engagement. In these instances, the additional features and capabilities from an ‘intranet-in-a-box’ can solve this problem.
What you can find an intranet in-a-box?
Valo Intranet keeps you connected to your organization, keeping you up to date with all information that influences your workday. With a full range of communication and collaboration features, you can choose how you work and how you interact with your colleagues.
Communication is a (if not, the) critical component of keeping employees engaged. Company-wide communication can ensure employees feel up-to-date with the direction and goals of the business, as well as having the ability to talk and share with any of their colleagues. Bringing through a strong social networking culture is one of the keys to raising employee engagement holistically across the business, and Valo offers a number of additional features to keep users connected.
- What’s in the box? News updates. Commenting/liking social features. Company Events Hub. Intranet forms and surveys. Yammer integration.
Microsoft released the brand new SharePoint app for iOS in June 2016 – a big step forward as mobile functionality with the platform up to that point had involved a limited browser experience. While Microsoft have made a step in the right direction, alternative, dedicated mobile apps still offer more capabilities for users on the move. The Valo Intranet is built for every device, and can be customized to fit your Corporate brand without coding for the personal touch you need.
- What’s in the box? Responsive design. Branded look and feel. Permanent login. Push notifications. Ready-made UI themes.
3) User Experience
Pre-built intranet capabilities are built in to Valo to combine the familiarity of Office 365 with innovation and interaction of a user-centric design. We have gathered best practice from hundreds of intranet projects we have experience building, making navigation feel smooth and intuitive as well as easier to plan your own structure and content production.
- What’s in the box? User centric design. Best practices in a box. Tested Information Architecture. Office 365 Launcher.
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For more information on how Valo can improve employee engagement and make sure you hold on to the employees that are most important to you, check out its full list of features, or get in touch with us today for a demo trial.