The employee experience is always unique from one company to the next. However, companies that work to improve the employee experience share a common theme—greater success. Jacob Morgan, a leading voice on the future of work, explored this concept in his book on employee experience. In an analysis of 250 global companies, Morgan found that those organizations which scored highest on employee experience benchmarks enjoyed 40% lower turnover, four times higher average profits and two times higher average revenues.
How an organization guides the employee experience is key to achieving successful outcomes. Understanding how to shape a positive experience and create a sense of belonging can be difficult with so many options available. A workplace experience team can help cut through the noise and get to what really matters to an organization’s employees.
The employee experience is still considered an emerging idea, according to the Society for Human Resource Management (SHRM), an organization committed to elevating HR, maximizing human potential and creating workplaces that work for all. Although many new ideas and strategies are being trialed each day, how to craft meaningful workplace experiences continues to be a question with a fleeting answer.
While workplace experience professionals continue to define the employee experience, determining what works for an organization is exactly why both HR and employees should be involved. In The Case for Employee Experience, SHRM states that 40% of respondents said the “responsibility for creating a positive employee experience belongs to everyone within an organization.”