Giving
effective feedback is key to building strong teams and high-performing
companies. That’s why so many organizations focus on creating a culture of
feedback.
Positive
employee feedback and constructive feedback can:
- Boost employee loyalty
- Strengthen team bonds
- Promote mentorship
- Improve performance
- Increase employee engagement
In fact, Gallup
found that when managers provide weekly constructive feedback, employees were
5.2x more likely to strongly agree that they receive meaningful feedback and
3.2x more likely to strongly agree they are motivated to do outstanding work.
When
organizations offer employees the opportunity to provide feedback, it helps
their people develop a sense of ownership over their work and the business's
overall success. Regular feedback is critical in developing employee voice—the
ability of employees to express their views, opinions, concerns, and
suggestions, and for these to influence decisions at work. When this happens,
employees feel invested in what they’re doing, more engaged, and much more
valued and empowered.
More and more
organizations are focused on making feedback a part of their daily business
practices. By going beyond once-a-year engagement surveys and incorporating
feedback at every stage of the employee experience, companies can expect to
grow their business and create happier and more engaged employees.
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