Employee Engagement and Retention Flashcards

1
Q

Trait Engagement

A

Inherent personality based elements that make an individual predisposed to being engaged - natural curiosity, desire to be involved, problem solving

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2
Q

State Engagement

A

influenced by work conditions that can be improved through organizational interventions

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3
Q

Behavioral Engagement

A

evident in the effort employees put into their jobs, leads to greater value and higher performance

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4
Q

4 Drivers of Engagement

A
  1. the work itself
  2. confidence and trust in leadership
  3. recognition and rewards
  4. organizational communication delivered timely and orderly
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5
Q

Aon Hewitt Engagement Model

A
  • Say: speak positively about the org
  • Stay: have intense sense of belonging in the org
  • Strive: motivated and exert effort toward success
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6
Q

Power resides with top level management

A

Authoritarian culture

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7
Q

Tasks and responsibilities are clearly defined to employees and shaped by formal rules/SOPs. Accountability is key.

A

Mechanistic culture

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8
Q

Culture focused on collaborative decision making and group problem solving

A

Participative culture

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9
Q

Organization encourages employees to increase knowledge, competence, and performance. Shared and continuous learning.

A

Learning culture

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10
Q

Culture in which talent is championed, innovative, driven from the bottom-up

A

High-performance culture

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11
Q

How can managers facilitate engagement?

A

show gratitude, amplify accomplishments, and communicate well and often with an emphasis on positive feedback

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12
Q

When all 3 are met, people are more likely to be engaged and motivated

A

competence, autonomy, and relatedness

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13
Q

How to recruit high-performing employees

A
  • clear definition of knowledge, skills, and abilities required
  • offer competitive compensation and benefits
  • realistic job previews
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14
Q

When does burnout occur?

A

When the work is no longer meaningful to an employee

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15
Q

Engagement’s impact on profitability

A

Committed and focused employees

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16
Q

What reinforces the relationship between engagement and well-being?

A

Getting to know an employee’s individual needs and abilities

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17
Q

4 Key areas of employee engagement:

A
  1. leadership characteristics
  2. team practices
  3. organizational values
  4. work itself
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18
Q

Provides employees with opportunities to learn new ideas and skills, preparing them for future positions and challenges

A

Career development

19
Q

Job enlargement

A

doing different tasks within the same job

20
Q

Job enrichment

A

increasing depth of a job by adding responsibilities

21
Q

Job rotation

A

movement between different jobs

22
Q

Work simplification

A

decreasing the complexity and improving efficiency of a job

23
Q

Dual career ladders

A

provides meaningful career paths outside of traditional management roles

24
Q

Fast-track programs

A

rapidly increase development of potential future leaders

25
Measure important data on specific issues
Employee Opinion Surveys
26
Focus on level of job satisfaction, commitment, and morale
Employee Engagement Surveys
27
How can employee engagement survey results be effectively used?
- identify drivers of engagement - identify engagement drivers that can realistically be addressed - make action plans that are realistic and measurable - track and communicate efforts and results
28
Stay Interviews
understand why employees continue to work for the org, assess degree of satisfaction and engagement
29
4 Stages of the Employee Life Cycle
Recruitment Integration Development Transition
30
Practices to increase engagement
- job enrichment - learning and development - strategic compensation - performance and career management
31
Practices to improve retention
- realistic job previews - personalized onboarding - suggestion mechanisms - work-life balance - rewards and recognition
32
The process of maintaining or improving employee job performance
Performance Management
33
2 elements of performance standards
behaviors and results
34
Employees help set objectives for themselves, defining what they intend to achieve
Management by Objectives (MBO)
35
describes examples of desirable and undesirable behaviors, measured against a scale of performance levels
Behaviorally Anchored Rating Scale (BARS)
36
Key managers come together by department in order to establish agreed-upon metrics and criteria for assessing performance
Performance calibration
37
Monthly voluntary turnover rate (employee engagement metric)
(number of voluntary separations during month / average number of employees during month) x 100
38
Revenue per employee (employee engagement metric)
total revenue / total number of employees
39
Retention rate (retention metric)
(number of employees who remain employed for entire measurement period / number of employees at start of measurement period) x 100
40
Turnover rate (retention metric)
(number of separations during measurement period / average number of employees during measurement period) x 100
41
Appraisal method where employees are compared against one another
Comparative Method
42
Appraisal method that provides a list of statements that might describe an individual, and the manager must select which statement best and least describes them
Forced Choice
43
What driver of engagement is recognized globally
Professional development and growth