Employee experience management helps align talent acquisition and employee retention with your overall business goals.

Companies are increasingly recognizing the critical importance of their employees and have started to invest in employee experience.

In fact, it’s become so prevalent that entire roles and departments are dedicated to building a positive employee experience.

While company leaders know the value and importance of their employees’ well-being and happiness, only 9% of business leaders believe they are ready to address the issue, according to research from Deloitte.

When you align the values of your employees with those of your company, you help them find meaning and purpose in the work they do.

Employee experience (EX) management has been created to deliver an employee experience that’s positive and human-centered.

When done right, it leads to an overall improvement in performance, revenue, and customer happiness.

What is Employee Experience Management?

Employee experience management involves managing and optimizing each touchpoint an employee has with your company over the course of their tenure, from recruiting to onboarding and exiting your company.

It involves facilitating positive encounters, preventing negative viewpoints, and ensuring employee satisfaction and engagement.

It’s about creating a positive employee experience that helps employees perform and think at their best. The ultimate goal is to get them more involved, invested, and engaged with your company. This helps you build effective teams and retain top talent.

Employee experience management requires an array of skills. But most importantly, it requires empathy and emotional intelligence.

In addition to investing in customer experience, companies have now started to invest in employee experience. Most companies have realized how important their employees are for the growth of their company.

Research shows that organizations that have nailed their employee experience achieve twice the customer satisfaction and innovation, and generate 25% higher profits than the ones that haven’t.

Read on to learn more about the benefits of investing in employee experience.

Why is Employee Happiness and Experience So Important?

Here are some benefits of improving your employee experience:

1. Improved engagement: A good employee experience leads to more employee engagement. Most companies measure and improve employee engagement since it’s highly correlated with turnover and the amount of effort employees put into their work.
2. Reduced attrition: Your company will experience reduced attrition since engaged employees are 87%