A new study says that the superior financial performance
of companies comes from employee engagement
Employees connect with other employees on a regular basis, they
take direction from management, and they support colleagues to
achieve work goals. But in addition the best of them make a
contribution to the broader purpose of the organisation and are
rewarded with salary and the opportunity to progress. It is the
quality of this overall experience that Willis Towers Watson (WTW)
sought to measure.
WTW has surveyed 500 companies with nearly 10 million employees.
From this group of 500, WTW defines a smaller set of high
performance companies - where for one and three years they measure
return on assets, revenue growth, net profit margin and several
other things. In addition, companies have to have a relatively
strong culture but here many find it hard to do both. Indeed only
about 30 of the 500 companies make it to the elite group.
