There are many great companies, but not everyone becomes a ‘legendary brand’!
Companies such as Google, Zappos,USAA, Lego and Costco are labelled as ‘legendary brands’ not because they have brought out the most amazing product or for the gigantic stock returns. Then, what did? It’s their obsession about the customer experience as well as employee experience! Their NPS score and Employee NPS scores are inspiring.
Their customers are their superfans and celebrate them, while their employees engage and act as their most loyal advocates. Their have turned their customers and employees into their passionate promoters and thus obscured the legendary status.
How do you achieve that ‘legendary status’?
Turn your customers and employees into your loyal promoters. Sounds pretty straightforward, huh? It is! Then why not many are on this list? Well, they are all running behind bettering the customer experience while completely ignoring the most valuable contributor to it…Happy, Loyal Employees!
Yes, you are giving your employees a pool table, team outings, a decent package and more. But sadly that’s not enough to nurture and support a high-performing culture or engaged employees. Many recent studies suggest that more than half of any workforce is dis-engaged and unhappy with their work environment. An employee survey done yearly once with dull, mundane questions won’t be enough to gauge the accurate employee pulse.
The Net Promoter Score, the most sought after metric, lets you measure customer sentiments towards your brand. With a single question, an NPS survey help you identify and categorize your customers into – Promoters, who are fanatic about your brand; Passives, who are indifferent towards you, and Detractors, who disliked their experience with you.
Employee Net Promoters Score, or in short eNPS helps you measure how loyal your employees are to you, similar to NPS. The question that eNPS relies on is, “On a scale of 0-10, How likely are you to recommend us as a place to work to your friends/family?”. The rating given tells you how happy, confident or engaged your employees are at work. With an open-ended follow-up question learn why they gave the rating they did and thus close the feedback loop in a matter of seconds.
Why choose Employee NPS over other employee surveys?
It is intuitive
Here’s probably what happens during every employee survey. You craft well-defined surveys that cover every single aspect of your organization to your employees. Not many completes the survey, a lot of them don’t even open it. Your HR has to follow-up multiple times and then, only then the surveys are completed. You must have tried even rewards to fasten the process but nothing seems to work.
Employee NPS surveys would ask your workforce a single question. “ On a scale of 0-10, how likely are you to recommend us as a place of work to your friends or family?. What makes this one question more insightful than a two-paged survey is that, eNPS doesn’t just measure employee satisfaction, but their loyalty to the company. The willingness of your employees to recommend reflects how engaged and passionate they are.
It is easy to use
You don’t need to be a statistician or invest a lot of time and effort to share and analyze an eNPS survey. Keeping the optional follow-up question open-ended lets you dig deeper into your employees’ ratings. You need only a spreadsheet and basic mathematical skills. While sharing an eNPS survey, you can share them across multiple channels with so much of ease. There are survey platforms that helps you automate all this like NPS by SurveySparrow too. This makes eNPS the perfect metric to measure employee attitudes for your management.
It helps to achieve lower turnover
eNPS tells you what exactly is putting off your employees. It could be micro management, work/life balance, undefined job roles and more. You will be able to pin-point what went wrong. This is something that you cannot achieve with other employee surveys, with so much of ease.Address the concerns raised by your employees immediately and show that you mean to ‘walk the talk’. This helps to increase confidence your team has in you and will be able to score a higher eNPS score.
It helps to form a benchmark
Recognize where you stand against your biggest competitors in a snap with eNPS. It is a standard measurement used across the globe making it easier to compare your score with your competition. Compare it with the industry average and learn what you can do to achieve a greater eNPS score.
How employee NPS helps you become not just great but legendary
From Google’s pet projects to Zappos’ grant-a-wish program and lego’s AFOL, examples for engaged employee experiences and high-performing cultures are many. When an employee is truly happy about your brand, he will voluntarily become your spokesperson. It was only until recently executives and managers started making rigorous efforts to measure employee happiness. In a recent study done by Gallup, researchers found that those secured high scores on employee engagement doubled their odds of success when compared with those with lower scores.
And one thing many forgets is that customer happiness and employee happiness is inseparable and are the two sides of the same coin. You will be able to consistently turn your customers into your fans when they are served by a team that are passionate and enthusiastic about their work.
Employee NPS improves employee satisfaction
“If you figure out how to make employees happy and make customers happy, then the business just kind of takes care of itself. It’s just about delivering happiness.” -Tony Hsieh, CEO, Zappos
Employee NPS helps you structure the teams in your organization correctly, assign experienced leaders, provide the right tools and segregate individual roles that play to their strengths. This ensures that you have created an environment where the employees are able to garner positive growth.
Employee NPS increases employee retention
The hiring and on-boarding processes are really expensive and steals a lot of effort and time from you. It is imperative to to be always in the know about your employees’ attitudes towards your brand. When the employees don’t feel challenged or recognized enough,they leave. Conducting employee NPS at regular intervals helps you monitor the changes and patterns emerging in employee behaviors. Finding the root causes for employee disengagement lets you avoid them altogether
Employee NPS for higher productivity
Engaged employees work harder, faster and stronger. It’s no secret! The Employee NPS surveys lets you in on everything you need to do to keep your employees engaged. Research says that engaged employees are 17% more productive. For example, Zappos, a clothing company, encourages their call center employees to “go above and beyond” for every customer that calls them. This was showcased when a hungry group of people were stranded at night and their hotel’s food service had stopped. A lady in the group called Zappos call center and the representative helped them find eateries that were open at that time of hour. This Zappos story, told and retold across the world has helped them with free marketing too.
Employee NPS for increased profitability
The latest studies prove that businesses with engaged employees secures 21% more profitability than their competition. When your employees are engaged, they work harder. When your employees work harder it increases the productivity. And when your employees are being consistently productive at work, they keep on creating happy customers with their quality of work. This will have happy loyal customers coming back to you which will in turn results in steady revenue growth.
Surveys are many things, but never should it be dull and boring. Dishing out an array of questions related to employee experience wouldn’t do the trick. To collect mindful, unbiased responses, Employee NPS surveys should be done the right way, at the right time, with the right tool. Having a Likert scale question with the eNPS question would only help you with collecting the responses part.
When you have a dedicated NPS platform, you will be able to enjoy the advantages of the ‘one question you need to grow’, completely. You won’t need spreadsheets to calculate the eNPS score when you have a tool that does it for you. Create, send and share Employee NPS surveys painlessly using an NPS platform. Automating mundane processes lets you utilize your time better.
Ignoring your employees for the longest time and sharing a survey yearly or quarterly, won’t collect you any insightful information but abandoned or biased responses. Scheduling and planning your Employee NPS surveys at the right frequency helps you track your progress. You will be able to differentiate the improvements you have achieved over a period of time.
The Employee NPS would guide you into creating a virtuous cycle that assists your employees to earn nothing but a 10 from the customers. And they should be rewarded for it. The customer and employee net promoter score systems gets fully integrated for they are on the pursuit of nothing but happiness.
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