The New Performance Equation in the Age of AI
Clear communication between management and the workforce boosts profits, increases employee retention and prepares organizations for future growth. Read this Microsoft Work Trend Index Special Report to see how next-generation AI can help employee engagement and help organizations prepare their workforces in the years ahead.
Importance of Employee Engagement
Employee engagement is crucial for financial success, especially during economic uncertainty. Organizations that prioritize engagement tend to perform twice as well financially compared to those that do not. In fact, a one-point increase in employee engagement can correlate with an average market cap increase of $46,511 per employee.
Impact of Communication on Engagement
Clear communication plays a significant role in enhancing employee engagement. Employees in highly engaged organizations are 46% more likely to view their companies as effective communicators and 37% more likely to have confidence in their leadership.
Feedback and Continuous Improvement
Building a feedback flywheel is essential for maintaining employee engagement. Employees at organizations with high engagement levels are 40% more likely to believe their feedback will lead to action and 56% more likely to feel that their organizations are committed to continuous improvement.
The New Performance Equation in the Age of AI
published by LogicCloud IT, Inc.
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