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[On May 27th, J.P. Donlon, the Editor-in-Chief of Chief Executive Magazine, interviewed CEO Tim Clifford on the topics of employee engagement, aligning individual strategy with employee goals, and visibility and governance over corporate compensation in the TARP ERA. The video interview was broadcast live to a select audience of CXOs from midsized and large organizations. The segment above is one of a series of responses made available on YouTube for public consumption.]
In this video, Workscape CEO Tim Clifford articulates the two components of “engagement.” Tim observes that the “engagement” can be distilled into two measurable areas for employees:
The first of these components – discretionary effort – has many facets, all of which can lead to greater individual, team, and company productivity. Examples include:
The second component – staying with the company – is interesting because it is not often viewed through the lens of employee engagement. The importance of creating a culture and a compensation plan to drive employee retention is well understood, yet here Tim adds greater insight by looking beyond the simple statistic to link the underlying factors of company commitment to organizational productivity. These factors include:
These factors all help bring focus and energy to the workplace, as well. While they may not lead to employees working longer hours or collaborating in new, innovative ways (components of discretionary effort), they remove the anxieties that can impede productivity and empower employees to focus full-time on getting work done.