How To Win The War For Talent By Focusing On Employee Experience
Jacob Morgan
5x Best-Selling Author, Futurist, & Keynote Speaker. Founder of Future Of Work Leaders (Global CHRO Community). Focused on Leadership, The Future of Work, & Employee Experience
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Companies will often do anything to stand out in the competitive world of recruiting or hiring.
But winning the war for talent doesn't happen with flashy perks and free food. It comes from focusing on employee experience.
Employee experience is more than on-site gyms and dog-friendly offices. It means changing the core workplace practices around your people. Three environments together create the employee experience equation:
Physical Space
Physical space counts for 30% of employee experience and includes anything employees see, taste, and smell at work. To provide a great experience, make sure your organization's values are physically manifested in the space so that the values come to life. Physical space is also crucial for remote and hybrid teams, and organizations can help employees get the most out of their workspaces, no matter where they are.?
Technology
Technology is the central nervous system of an organization and accounts for 30% of employee experience. Technology allows modern companies to communicate, collaborate, and work productively. To build a great employee experience in this area, make sure employees have consumer-grade tools that help them do their jobs well. Technology should always improve the work, not get in the way.
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Culture
Culture accounts for 40% of employee experience. It’s what you feel or the side effects of working for the organization. A poor culture has side effects like disengagement, stress, and boredom, but a good culture has side effects like growth and a sense of purpose and meaning.
The Great Resignation has permanently changed the war for talent. The only way to compete and win is to focus on employee experience. Use this time as an opportunity to change your workplace to serve your people better.
Experience is what wins the war for talent.
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Supporting SMEs on their sustainability journey (CSRD)
2 年Thanks for another great article Jacob Morgan! Do you think the "physical space" element has less weight for fully remote teams?
CEO at LJE Designs
2 年Hi Jacob I have read some of the things you and you wife are doing and I have a suggestion . If you like please reach out to my husband ( you can read about him here on linked in etc) I think you both would have a lot of things to discuss and maybe able to open new doors . William ( Bill) Ellermeyer [email protected]
Fractional Learning Solutions Architect | Workplace Learning Strategist | President & Founder
2 年Similarly to #gigeconomy freelancers, employees deserve talent development programs that are built based on them as humans. #adultlearning #bestpractices are an effective way to support the employee experience.
Transmission & Despatch | Oil & Gas | EPC contracting | Project Finance | Fixed Assets | Energy Regulation | Financial Reporting | Regulatory Reporting | Budget & Forecast
2 年Excellent, thanks for sharing