Organizations That Master Employee Experience Crush The Competition
Investing in employee experience is more than a nice thing to do for your workers — it’s a powerful way to grow your company and crush the competition.
I’ve spent years researching employee experience and found that although employee experience is growing, less than 10% of companies do an amazing job with it.
But those companies that master employee experience see a significant ROI in many areas.
I’ve talked to executives at top companies and heard countless stories of employees being happier and more productive when they have a great experience.
Organizations that invest in employee experience are up to 40x more likely to be on other best-of lists. These are lists like the best places to work, most innovative companies, best work/life balance, and more.
Investing in employee experience also leads to higher profit and higher revenue per employee. These companies are, on average, 24% smaller than the competition, meaning they are doing more with less. Employees are supported and engaged in doing great work, eliminating extra costs for companies.
And then there’s the stock price performance. Organizations that create a fantastic employee experience crush the competition across every stock-related metric. They see strong growth and solid performance.
Employee experience isn’t just a nice thing to do. It has a very tangible ROI.
Investing in employee experience benefits every area of the organization and gives you a serious competitive advantage.
I put together a video which talks about this in more detail. Please check it out below and if you want more content like this you can subscribe to my Youtube channel.
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