Build A Diverse Workforce, How Employee Satisfaction Drives Business Value, Workplace Responsibility And Engagement Survey Questions #FridayFinds

This week has been about happiness at work for us, as we just launched our Workplace Happiness eBook – What makes people happy at work? Download your copy here and get inspired to make your workplace happier as well!

As you’re preparing for the long weekend, enjoy a quick overview of this week’s best articles in HR and employee engagement:

Using Employee Engagement to Build a Diverse Workforce

Rebecca Riffkin and Jim Harter bring into focus an essential workplace issue that employees and companies are struggling with – workplace diversity and inclusiveness. Diversity is about whom you hire, but inclusiveness is about a work environment of trust and involvement.

As Gallup research shows, diversity can be a competitive advantage for organizations that build the right environment.

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28 Years of Stock Market Data Shows a Link Between Employee Satisfaction and Long-Term Value

We’ve long been advocating that employee satisfaction is a key driver for employee engagement and retention, making companies more profitable and furthering their growth. But the truth is business leaders want hard evidence of this fact and this study offers just that.

Alex Edmans, Professor of Finance at London Business School, studied 28 years of data and found that firms with high employee satisfaction outperform their peers by 2.3% to 3.8% per year in long-run stock returns – 89% to 184% cumulative – even after controlling for other factors that drive returns.

-> Read more

3 Ways to Build Responsibility Skills In Your Subordinates

Responsibility is a complex and hard to explain concept, and harder yet to measure. What leader wouldn’t want their team members to be responsible, yet how can they encourage, improve and further this behavior?

Christian Knutson believes that responsibility is a skill that is built – or not – throughout life and he offers 3 actionable ideas to help leaders develop this skill in their employees.

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How Smart CEOs Use Employee Engagement Surveys

Employee engagement surveys can help businesses discover employee perceptions and attitudes concerning everything from business practices and leadership style to their own personal satisfaction with benefits and compensation. But only if they ask the right questions.

As Mark Murphy points out in his article, CEOs don’t get many opportunities to hear from every employee, nor do they get many opportunities to test the efficacy of their strategic initiatives, so they have to make this survey count by asking the right questions.

-> Read more

Join us next week as we share more of our favorite articles. We’d also love to know what articles made your week and what topics you’d like us to talk about next week so comment away.

Happy weekend!