HR.com | June 02, 2021
In today's workplace, there is a huge disparity between the importance and effectiveness of employee communication. Whereas 88% of HR professionals believe employee communication is extremely or essential to organizational success, just 30% believe it is very or very highly effective.
The State of Employee Communications 2021, a free research report, is now available for download. HR.com's Research Institute conducted HR professionals' research to gain an in-depth look at the present status of communication in the workplace and gain insights to maximize employee engagement, productivity, and brand.
This study's discovery of a communication deficit has seemed to have far implications for performance. Employee communication has a positive impact on employee experience and engagement, according to 80% of HR professionals, and it has a good influence on employee performance, as per 74%. Almost as many (74%) believe it has a positive impact on the employer brand.
When it comes to employee communications, companies that claim to be effective are more likely to:
• Track and measure employee communication
• Train managers in communication practices
• Have employees who feel they are being heard
• Have employees that perform above average.
"Employers should be concerned about a lack of effective workforce communication," said Debbie McGrath, Chief Instigator and CEO of HR.com. "As we move forward post-pandemic, internal communication will be critical to ensuring employee engagement and productivity and results meet company expectations."
About HR.com and the HR Research Institute
HR.com's HR Research Institute helps HR departments keep their finger on the pulse of HR! HR.com is committed to creating inspired and informed workforces by maximizing the potential of HR professionals around the world. Over 1.92 million HR professionals rely on HR.com as the foremost a trusted industry resource for education, career development, and compliance. Offerings include the largest network of HR executives, leading-edge industry research from the HR Research Institute, 13 monthly HR-themed publications, innovative HR education including 250+ annual webcasts, the most comprehensive HR certification exam preparation program supporting SHRM and HRCI certification, as well as helpful HR tools and legal compliance updates. HR.com has the most extensive knowledge base of HR practices globally and offers unparalleled training and networking for HR professionals worldwide.
RECRUITMENT & RETENTION
Enova | December 03, 2020
The NMC Group of Companies is glad to declare the launch of Enova, a multi-dimensional, complete talent, marketing and business services solutions organization.
The Enova team carries many years of involvement to the marketplace. Giving a full set-up of human resource services including recruitment, training, and engagement – alongside traditional HR services – Enova, presently offers its proprietary services to the manufacturing, industrial and construction areas.
These industrial organizations are experiencing incredible difficulties recognizing, engaging, and retaining talent thanks in part because of the shortage of the available skilled labor pool combined with generational changes and a developing utilization of innovation. The important talent is elusive and requires a more greater level of attention to retain.
Teampay | December 29, 2021
On December 16, Teampay launched the first-ever employee-friendly accounts payable solution. Founded in 2016, Teampay is a leading distributed spending platform that simplifies tracking of company spending by employees in real-time. With the announcement, Teampay has cemented its position as an innovator in the HR tech space.
The newest solution by Teampay redefines how employees and finance departments map expenses. It offers pre-approval workflows and gives finance departments spending visibility to avoid unforeseen invoices. Teampay also provides end-to-end capabilities with the power to record, match, process, and pay invoices. Teampay is designed with employees in mind and enables them to access updates, purchase orders, and invoices in real-time.
“Over the past two years, employee spending has grown at exponential rates, and our newly hybrid work environment requires finance departments to adjust quickly to meet evolving needs. Teampay’s user-friendly, intuitive interface is loved by employees. The addition of Accounts Payable automation to our patented workflow furthers our market leadership in spend management for mid-market and enterprise companies. As the working environment remains highly dynamic, company-wide visibility is imperative to make agile, informed decisions. Teampay is again leading the forefront of a human-centered finance organization with the most efficient, transparent, and holistic solution on the market.”
-Teampay Founder and CEO, Andrew Hoag
Teampay’s feature-rich solutions are delivered through a conversational interface. Employees can enter purchase requests regardless of the payment method. A trackable purchase order is then generated for the invoiced expenses as soon as they are approved. Once the invoice is received, Teampay’s matching technology links it to the purchase order, giving each stakeholder complete visibility into the payment lifecycle.