All eyes are on the mayoral vote in Sao Paulo where three candidates are running neck and neck, setting the stage for a second-round runoff on October 27
The Covid-19 pandemic was a turning point in work culture. Organisations pivoted overnight to remote working, while job terminations, furloughs, and salary cuts, had a direct bearing on employee wellbeing, with many reporting increased anxiety and lower productivity.
In response, industry leaders are redesigning Employee Experiences (EX), with wellness as the focal point. According to a joint survey by Qualtrics and PwC(1), 95 per cent of IT leaders increased the frequency of listening to employee feedback, in the new normal.
So, how is the post-pandemic EX different? For a start, EX is no longer about free lunches or “get-your-pet-to-work” days, but about how to tackle ‘online fatigue’. It involves treating employees as customers, with EX prioritised as much as Customer Experience (CX). Employee journeys are being personalised and optimised, from onboarding to exit. In return, companies achieve increased productivity, greater engagement, higher retention, and better team collaboration.
According to research published in the Harvard Business Review, organisations investing in EX had more than four times the average profit and more than two times the average revenue.
EX now draws from effective CX strategies
Post-pandemic EX shares many of the metrics used to gauge CX — such as NPS (Net Promoter Score), CSAT (Customer Satisfaction), and CCR (Customer Churn Rate). “EX is as important to a company’s growth as CX,” said Sajid Azmi, CEO of Yegertek, a solution provider in brand engagement and customer loyalty. “Customer-facing companies realise that employee wellness has a cascading effect on CX and business bottom lines. So, EX has become a critical piece of the post-pandemic puzzle. And since many employees are now working remotely, EX has also assumed a strong technological focus.”
Consistent with Sajid’s belief is a study by Aon, which shows the GCC leads employee engagement at 70 per cent, above the global average of 65 per cent. Interestingly, the best employers in the region also ranked 19 points higher than the market average in tech implementation.
Enhancing EX, with the right technologies
“Outdated tech led to silos between HR and employees, low engagement, sub-optimal productivity, and increased employee churn,” said Mark Lack, CEO of Urban Foods. “Our employees have been heroes without capes in this pandemic, especially the front-line workers in our grocery business. In the post-pandemic scenario, technological tools have helped us take a human-centric approach to EX, anchored in understanding employee needs, concerns and wellbeing”.
This sentiment is widely echoed in business circles, and organisations are doubling down on communication tools, to help employees perform their tasks efficiently. Businesses are upgrading to tech-enabled case management platforms, real-time reporting and analytics, and enhanced employee self-service portals (ESS). The results are more effective and quantifiable HR processes, with insight-driven EX that is responsive and empathetic.
“HR professionals are leveraging immersive, AI-based tools, to help employees navigate health services, and upskill, to fill knowledge gaps,” said Akif Shaikh, Partner at Déjà Vu Real Estate. “Thanks to technology, HR professionals can conduct employee wellness initiatives remotely, with engagement that rivals onsite programs. We are a team of more than 100 individuals, across three offices. Technology empowered our workforce and enabled the highest standards in EX, which was especially critical in the uncertainty that prevailed in 2020. In turn, the organisation achieved greater productivity and talent retention”.
Acknowledging excellence leads to more of it
Businesses are investing in employee loyalty and engagement schemes, with their own apps, with emphasis on features that acknowledge performance - through leader boards that reward, applaud, and share achievements. Exceptional performers are often awarded vouchers and benefits, through an eco-system of partners and suppliers, as well as internal mechanisms.
“Technology helps HR professionals see EX through the eyes of employees,” explains Sajid. “It creates loyalty, which, in turn, impacts employee retention and leads to better productivity. And an engaged employee is like a brand ambassador, who ensures customer satisfaction. So, technology is essentially the starting point of great EX and all the great things that follow,” concludes Sajid. — sandhya@khaleejtimes.com
All eyes are on the mayoral vote in Sao Paulo where three candidates are running neck and neck, setting the stage for a second-round runoff on October 27
Family credit in Arab countries accounted for 38% of total private sector credit at the end of 2023
Ian McConville was summoned for his country's repeated bias, including on Iran's response to what it called 'the Zionist regime,' meaning Israel
Project is already 60% complete
Polls have the Republican and Democrat candidates neck and neck, fuelling a high-cost scramble for each and every wavering voter in the seven key states
Trump, who lost to Biden in 2020 and falsely claimed the elections were unfair, faces Harris in the November 5 elections
This comes after the President earlier ordered an urgent relief aid package worth $100 million
Subhan Ahmad, Chief Operating Officer, Emirates Cricket Board, was delighted with the crowd attendance for the game between India and Pakistan on Sunday