{"id":20480,"date":"2022-11-21T08:40:03","date_gmt":"2022-11-21T13:40:03","guid":{"rendered":"https:\/\/www.wellable.co\/blog\/?p=20480"},"modified":"2024-04-07T06:36:58","modified_gmt":"2024-04-07T10:36:58","slug":"employee-engagement-companies","status":"publish","type":"post","link":"https:\/\/www.wellable.co\/blog\/employee-engagement-companies\/","title":{"rendered":"15 Companies Setting New Standards For Employee Engagement In 2024"},"content":{"rendered":"\n
Employee engagement<\/a> is becoming a strategic priority for most managers and senior leadership. In general, employee engagement measures the extent to which employees are committed to and enthusiastic about their work. It\u2019s also a good predictor of employee retention<\/a>, productivity, and performance. As a result, it\u2019s becoming a strategic priority for most managers and senior leadership.<\/p>\n\n\n\n <\/p>\n\n\n\n Although there\u2019s no one definition for employee engagement, it often involves three key elements:<\/p>\n\n\n\n <\/p>\n\n\n\n Companies striving to stay at the top of the game and win the \u201cwar for talents\u201d must embrace the philosophy of employee engagement. Today, employees are looking for more than just good pay. A 2018 study<\/a> revealed that 60% of workers would take a pay cut to work in their ideal organization. With the cost<\/a> of replacing an employee estimated at twice their current salary, the need to keep your workers happy has never been more evident.<\/p>\n\n\n\n Employee engagement is the new competitive advantage since companies with well-engaged employees are outperforming their competitors. According to a recent study<\/a>, 69% of employees would work more diligently if their efforts were better recognized or appreciated by their bosses. Companies with highly engaged employees are 21% more profitable<\/a> than their peers.<\/p>\n\n\n\n In general, employee engagement\u2019s benefits can be summarized in three key areas:<\/p>\n\n\n\n Related Articles<\/strong>: 10 Employee Engagement Statistics You Should Know For 2024<\/a><\/p>\n<\/div><\/div>\n\n\n\n <\/p>\n\n\n\n Managing an empowered and productive workforce is the foundation of a successful technology company like Google. As a leader in the technology industry, Google has done tremendously well in promoting its employees\u2019 well-being and professional growth. Google is one of the best places to work because the company believes that happy employees produce better results. Here are some of the strategies the company uses to keep its team of top talents sustainably engaged:<\/p>\n\n\n\n <\/p>\n\n\n\n Mastercard, a multinational financial services company, has more than 100,000 employees worldwide. It\u2019s not easy to keep everyone engaged when you have so many people in different locations and roles. Its success can be attributed to shrewd employee engagement and wellness programs. Mastercard cannot connect and power an inclusive digital economy without an empowered and innovative talent pool. The company has built its culture entirely on workforce agility. Mastercard\u2019s employee engagement strategy can be summarized by:<\/p>\n\n\n\n <\/p>\n\n\n\n Cisco is a leading cybersecurity and networking company that owes its success to a vibrant and high-performing workforce. This multinational tech giant has an elaborate strategy to engage employees from all departments and regions. Here are some of the drivers of employee engagement at Cisco:<\/p>\n\n\n\n <\/p>\n\n\n\n Rakuten is a multinational retail giant with more than 70 businesses ranging from online to offline businesses like banking and travel. With more than 28,000 employees across all businesses, Rakuten has perfected the use of software to track and support employee well-being. Rakuten uses Empuls to recognize and reward performance, get employee feedback, and create a general sense of connectedness. Here is how Rakuten strives to empower its employees:<\/p>\n\n\n\n <\/p>\n\n\n\n Salesforce\u2019s employee engagement strategy relies on technology and data to evaluate and strengthens the connection between employees, managers, and the organization. Salesforce inculcates its values like trust, customer success, innovation, and quality in its employees in the following ways:<\/p>\n\n\n\n <\/p>\n\n\n\n As the leading consumer electronics company, Apple has created new standards for employee engagement. The company has an elaborate strategy to promote good employee relations and increase productivity. Apple has continuously transformed various structural units to better their investment in human capital and the participation of individual team members in team development. In order to inculcate the organizational vision and boost morale in its workforce, HR strategies of Apple emphasize on:<\/p>\n\n\n\n <\/p>\n\n\n\n Kaiser Permanente is one of the top companies setting new standards for employee engagement in 2023, according to Forbes<\/a>. As one of the largest healthcare providers globally, Kaiser Permanente acknowledges the contribution of staff morale and enthusiasm to the success of an organization. The organization demonstrates its commitment to a healthier and well-engaged workforce in various ways:<\/p>\n\n\n\n <\/p>\n\n\n\n Like many tech giants, Microsoft considers employee engagement an incredible tool for promoting shared values and securing long-term success. Microsoft has been voted one of the best places to work several times over the last decade. Here are some of the drivers of Microsoft\u2019s employee engagement:<\/p>\n\n\n\n <\/p>\n\n\n\n SHRM is an organization that educates HR professionals on effective workforce management strategies. Given the nature of its business, SHRM has to lead by example<\/a> and treat its employees better. The company understands the importance of engaging employees and has incorporated the following programs:<\/p>\n\n\n\n <\/p>\n\n\n\n Employee engagement is crucial in technology companies because it creates a vibrant and creative workforce. Nvidia is one of the leading manufacturers of graphic processing units and computer chips. On the global stage, the company is setting standards of employee engagement through strategic measures like:<\/p>\n\n\n\n <\/p>\n\n\n\n Spotify stands as a giant in the music streaming industry with a user base exceeding 550 million listeners and a library upwards of 100 million songs and five million podcasts. Beyond its expansive selection of audio content, Spotify also shines in the realm of employee engagement. Here\u2019s how Spotify excels at keeping its workforce driven and connected:<\/p>\n\n\n\n <\/p>\n\n\n\n Neil Blumenthal and David Gilboa, cofounders of Warby Parker, created<\/a> a training and onboarding approach that both teaches and builds strong interpersonal connections. They prioritized developing a culture that supports direct, honest, and open communication, which resulted in a company-wide emphasis on effective communication and employee engagement.<\/p>\n\n\n\n To keep employees motivated, new-employee onboarding and training is handled by team members at all levels at Warby Parker. Individual department members lead new workers through everyday responsibilities, processes, and duties, while executives discuss the company\u2019s vision and values. This allows each new worker to meet colleagues from all over the organization and promotes the concept of tightly knit teams.<\/p>\n\n\n\n From the start, Warby Parker uses a variety of tactics to build peer-to-peer connections among team members. Balloons with the words \u201cNice to meet you!\u201d are placed on the desk of each recruit to alert the rest of the staff that they should go out of their way and say hello. They also conduct quarterly 360-degree reviews for every employee, providing an opportunity for their colleagues to speak openly about their experiences. When these kinds of talks are encouraged, each team member learns more about themselves and teams can more easily grow together.<\/p>\n\n\n\n <\/p>\n\n\n\n Adobe has had a culture of innovation for nearly 40 years, and it\u2019s no secret that its culture has been integral to the company\u2019s growth. The company\u2019s mission is to \u201cconnect content and data and introduce new technologies that democratize creativity, shape the next generation of storytelling, and inspire entirely new categories of business\u201d and Adobe\u2019s employees are encouraged<\/a> to be creative in their work every day.<\/p>\n\n\n\n An individual employee\u2019s creativity can significantly impact how their team operates, which is why Adobe encourages each employee to share ideas with other company members. This helps innovative ideas reach a large audience quickly, regardless of whether they come from an executive or someone lower down on the totem pole.<\/p>\n\n\n\n No wonder Adobe was recognized<\/a> as one of the best workplaces for innovators for the fourth year in a row!<\/p>\n\n\n\n <\/p>\n\n\n\n Patagonia\u2019s mission<\/a> is to build the best product, cause no unnecessary harm, and use business to inspire and implement solutions to the environmental crisis. Employees are guided by this mission in all aspects of their work.<\/p>\n\n\n\n Patagonia also provides a slew of appealing employee benefits<\/a> to keep teams engaged, including flexible work hours, an onsite staff caf\u00e9, and free yoga lessons. Yet, the company\u2019s onsite childcare center may be the most significant perk. Employees are welcome to visit their children during lunch breaks or to tuck them in for sleep. Nursing mothers are even notified if their infants need to eat by the daycare.<\/p>\n\n\n\n <\/p>\n\n\n\n Wellable<\/a>, an employee wellness technology and services provider, empowers organizations to create impactful wellness programs for a healthier, happier workforce. Wellable not only offers engaging solutions for companies but also practices what it preaches and embodies our wellness principles through several initiatives:<\/p>\n\n\n\n <\/p>\n\n\n\nWhat Is Employee Engagement?<\/h2>\n\n\n\n
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Why Does Employee Engagement Matter?<\/h2>\n\n\n
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Top 15 Companies Setting New Standards For Employee Engagement In 2024<\/h2>\n\n\n\n
1. Google<\/h3>\n\n\n

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2. Mastercard<\/h3>\n\n\n

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3. Cisco Systems<\/h3>\n\n\n

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4. Rakuten<\/h3>\n\n\n

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5. Salesforce<\/h3>\n\n\n

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6. Apple<\/h3>\n\n\n

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7. Kaiser Permanente<\/h3>\n\n\n

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8. Microsoft<\/h3>\n\n\n

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9. Society For Human Resource Management (SHRM)<\/h3>\n\n\n

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10. NVIDIA<\/h3>\n\n\n

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11. Spotify<\/h3>\n\n\n

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Honorable Mentions: Four Organizations Reinventing Employee Engagement<\/h3>\n\n\n\n
12. Warby Parker<\/h3>\n\n\n

13. Adobe<\/h3>\n\n\n

14. Patagonia<\/h3>\n\n\n

15. Wellable<\/h3>\n\n\n\n


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How To Show Your Employees Appreciation<\/h2>\n\n\n