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The Value of Soliciting Employee Feedback Within Your Company

8/4/2021

 
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Feedback is important in just about every professional endeavor, and that certainly includes employment. With the right feedback, companies and organizations can make the strategic changes they need to make to provide a better experience to their employees, and in the long run, increase their rates of retention.
 
The problem is that some organizations do not collect feedback from their employees, and for some that do, they don’t collect enough of it or collect it consistently enough. This is a shame, though, since there are plenty of benefits and a ton of value associated with collecting employee feedback.
 
The bottom line is that listening to your employees and asking for their feedback is one of the best things that you can do as a company, and below are three reasons why:
 
#1—You gain valuable information.
 
This is the whole point of collecting feedback in the first place. You gain information that you didn’t know previously but that you can use to make strategic changes to the way your organization operates. As a result, you can improve employee production, and ultimately, profit.
 
#2—You increase employee engagement.
 
Not only can you gain valuable information, but you can also increase engagement with your employees simply by reaching out to them and basically asking their opinion. They’re going to feel as though their opinion is valued and that they’re appreciated as employees. This reason, all by itself, should be enough to convince organizations to collect employee feedback on a consistent basis.
 
#3—You improve employee retention.
 
When you increase employee engagement, you also improve retention. The only thing worse than not hiring a great job candidate that you want to hire is losing a great employee because they left to pursue another employment opportunity. 
 
You can see how collecting employee feedback sets in motion a positive loop that results in better performance, higher morale, and more productivity.
 
The bottom line is that when it comes to employee feedback, you can’t afford NOT to collect it.
 
Last year, Time Staffing won ClearlyRated’s Best of Staffing Client and Talent Awards for providing superior service to their clients and candidates. ClearlyRated's Best of Staffing Award is the only award in the United States and Canada that recognizes staffing agencies that have proven superior service and quality based entirely upon ratings provided by their clients and job candidates. Time Staffing received satisfaction scores of 9 out of 10 or 10 out of 10 from 75.4% of their placed talent, significantly higher than the industry’s average of 45%.
 
Contact Time Staffing today to find out more about our placement services for employers!

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