CATALYST Issue 3 | Page 42

O On Topic | Catalyst “In a service-based economy, having sullen workers who stolidly go through the motions is no longer an option” Accenture focuses on measuring employee engagement in relation to EX, as this has a direct impact on productivity and profitability. In other words, employee engagement represents the end goal and improving EX the means to that end. Organisations can also track the impact of their EX approach by studying employee turnover or whether they receive improved job offers, adds Richard Morgan, strategic benefits consultant for Aon – although ultimately, he says, “it’s about external customer satisfaction and profitability”. EX-odus: Where it all began   launched surveys for new joiners and leavers which give insight into the employee life cycle. We will look to segment the employee base.” While this segmenting of current employees (as if they were customers) is a relatively new departure for organisations, Lindsay Willott, chief executive of Customer Thermometer, deepens the definition further still. “In my view, EX encompasses everything an employee experiences,” she says. “This can even include the pre-employment phase where the company’s reputation encourages or discourages people to apply for a job. At that point, their early experience of being integrated into the company and feeling valued is critical.” Under this definition, EX encompasses many things that have become recent HR buzzwords: diversity and inclusion; soft skills; performance management and brand purpose. It describes an entire mindset shift for employers. That’s not to say that the emerging shift cannot be quantified. alexandermannsolutions.com 42 EX originated with US start-up companies such as Airbnb and consulting businesses including Accenture and Deloitte, according to Audencia Business School’s Professor Christine Naschberger. “The early adopters were probably companies that got rid of the annual performance review,” she says. “They implemented an instant-feedback culture, where feedback is given when needed. In the organisational world, I would say that EX has existed for the past five years and employee engagement the past 15 years.” Another factor driving organisations to embrace an EX approach is the ongoing skills shortages, says Alan Price, group operations director and HR expert at consultancy firm Peninsula. “Skilled employees have more choice than ever before when it comes to choosing where to work,” he says. “And organisations are looking at new ways to ensure they can get to the top of the list. Pay will naturally be a determining factor for many organisations. However, a growing number are beginning to place more emphasis on finding a rewarding and employee-focused environment.” Some companies include EX as part of their talent-management strategy to attract, develop and retain employees. The pioneers of the employee experience approach are companies