The WorkHuman Analytics and Research Institute and IBM Smarter Workforce Institute published a report in 2018, named The Financial Impact of a Positive Employee Experience. In the report they identified the five dimensions of the Employee Experience Index. These were;
- Belonging: feeling part of a team, group, or organization
- Purpose: understanding why one’s work matters
- Achievement: a sense of accomplishment in the work that is done
- Happiness: the pleasant feeling arising in and around work
- Vigour: the presence of energy, enthusiasm, and excitement at work
Their findings clearly demonstrate the relationship between employee satisfaction and the success of an enterprise. Focusing on the Return on Assets and Return on Sales, data most commonly used to measure profitability, the results show that organizations ranked in the top quarter of employee experience were reported to have nearly three times the ROA and twice the ROS as those in the bottom quarter.
A Greate Employee Experience is Zelt’s Mission
But, what does all this mean? In the simplest of terms, employee experience can make or break your business. Assuming the majority of interactions an employee has during their employment lifecycle are somewhat satisfactory based on the points above, then the financial impact will be much more positive.
Achieving a great employee experience is not that hard. Especially when there are business management software like Zelt on the market now. At Zelt, they believe that the heart of a company is its people and that successful companies are those who empower their employees to reach their full potential.
However, this is not always the case with business management. Willingly or unwillingly, some companies suffer from a silo mentality. Silos refer to divisions of the same business which operate independently and avoid sharing information between them. For example, software built for administrative functions are usually designed for the sole use of department heads, like HR, IT, or payroll. Consequently, one will get a fragmented and disjointed workspace that is extremely limited in its ability to optimise and automate in a way that is efficient and effective.
Employee Management Designed for Employees
Ideal business management should be able to address these problems and utilise the proper tools to do so. How can Zelt help you achieve that? Founded by Chris Priebe, Zelt is the world’s most employee-centric business management software that powers can-do growth cultures. With a team of 15 people, Zelt has only one aim and that is to create a workplace where everything works well together.
Software do not have to be built to simply manage employees and automate manual processes, but rather to empower employees and create space and opportunities for them to thrive. Zelt provides an all-in-all platform for both employees and managers, in which they can handle anything from payroll and benefits to devices and apps. Zelt’s best features are its digitalisation, automated processes, and self-serve nature, which allows employees to have positive interactions throughout their employee lifecycle.
Rise to the Top with Zelt
Headquartered and operating from London, Zelt was launched in 2021. And just in a year, they have managed to raise £4m pounds in funds. They are backed by investors who also support industry giants such as Uber, Spotify, and Omnipresent as well as a network of angels who are successful entrepreneurs themselves.
Zelt’s simple pricing and efficient packages not only provide a smooth employee experience but also relieve the workload of the administrative part of the business. Their HR and IT Clouds integrate all the tools to manage people, processes, apps, and devices from one singular hub which is accessible from anywhere. Thus, Zelt is the perfect match for CXOs and HR professionals who seek to increase employee productivity and improve business performance. Best to keep in mind that ultimate success comes down to employee experience.
The Zelt team is keen to connect with CEOs, COOs, and HR professionals, as well as anyone who understands or wants to understand the meaning of employee experience and is interested in enhancing it in their organization. Furthermore, if you are interested in learning more about Zelt and its Founder Chris Priebe, you can listen to the SOL Podcast episode below.