Hi all,
I would like to get a feedback about this concept that we have developed at Tushky.com. Being an ardent entrepreneur, I don’t understand actions taken without considering ROI. I found employee engagement decisions taken at most of the corporates pretty revolting.
Thus, we designed Fungage – Its a new way to approach employee engagement. I am giving below my arguments and would like to get an honest feedback.
- Every corporate(& SMBs) has a budget for employee engagement, usually in the range of 8 lacs annually to some crores annually
- Most of the decisions taken are ad-hoc and based on populism and not on any data
- Outbounds or activities conducted are usually purely instinct driven and not based on data
- Most often the recluse employees are not considered due to the decision orientations, while they should be the first targets of all such employee engagement activities
- Thus, there is no hard ROI attached at this budget, what is achieved with this budget, KPIs etc are pretty soft
In view of all this, we designed Fungage – a data driven approach to employee engagement:
- Its based on a simple but powerful concept: Let the employees decide what they want to engage in
- Two surveys are conducted:
- Employee engagement survey – to benchmark the existing engagement level with an Index, using an industry standard survey
- Activity density Survey & feedback – to determine employee inclination for the kind of activities they will like to have. This will be granular to employee level.
- Feedbacks are taken after every activity
- Employees can choose to do activities individually or in groups from a menu of activities that can be done in office, in city or around the city
- HR can better judge the right activity for departments or for the whole office based on activity density survey and feedback
- Tushky (with HR) will design the schedule based on the data from the above schedule
- The outbounds are thus aligned as well
- Thus a tangible ROI is assigned to the engagement budget via engagement index which is measured every quarter
- Clear KPIs viz. improving engagement index, higher retention rates
The survey module of Fungage needs to be implemented as a subscription model to better control engagement; but it has been implemented on an event basis (without survey) as well. And the results have been amazing.
We have 10+ corporates of the likes of Schlumberger, Ackzonobel, HSBC who have used Fungage.
I am having a tough time to explain the merits of such a model to HRs. Is there something that I am missing or is there something I can do to improve conversions?
Would love to get a feedback, suggestions, improvements, leads.. anything!
The website for Fungage – Fungage – Corporate Inbound
Regards
Talvinder Singh
Tushky.com