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Augmenting Productivity by Embracing Employee Engagement

BANKING FINANCE

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December 2024

As the world's largest coffeehouse chain, Starbucks is a brand that understands the value its employees add to the business. At Starbucks, every employee knows they are valued members of the team. It took Starbucks some time to do this. They have prioritized implementing employee-friendly rules from the beginning.

- Pankaj Dadhich

Augmenting Productivity by Embracing Employee Engagement

Abstract of Article

  • Employee engagement is a crucial aspect of the banking sector as it directly impacts the overall performance and success of a bank. It refers to the level of commitment, motivation, and involvement that employees possess for their organization.

  • One of the key benefits of high employee engagement in the banking sector is increased productivity. Engaged employees are more likely to be motivated to perform their tasks efficiently and effectively, leading to higher productivity levels.

  • Additionally, improved employee engagement can also foster innovation and creativity within the organization. Engaged employees are more likely to share their ideas and opinions, leading to a diverse range of perspectives and potential solutions to challenges.

  • Companies need to put in all the efforts scientifically and strategically by fostering a balanced work culture where employees are recognized for their small contributions, given ample space for creativity and new ideas by open communication which create opportunities for growth and development for individuals and organization both.

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