Abstract
Employee engagement is a critical issue across many industries, none more critical than in higher education. The examination herein is focused on the financial impact faculty/staff engagement can have on the higher education enterprise and beyond.
Highlights
Employee engagement is a critical issue across many industry sectors
The need for talent management is especially sharp in the higher education arena
This study makes clear that employee engagement strongly relates to key organizational outcomes in any economic climate and across all Employee engagement strongly relates to key organizational outcomes in any economic climate and across all verticals
Summary
Engagement has shown to have dramatic impacts on organizations. Talent management strategies will grow out of necessity to maintain a competitive workforce. The need for talent management is especially sharp in the higher education arena. Most often engagement in higher education focuses efforts on faculty and staff development. Engagement involves a unified recruitment, onboarding, retention and succession strategy of staff and faculty. Employee engagement is measuring at dramatically low rates both within the higher education arena and beyond. There are a number of factors that are impacted by employee engagement. The question here is around the financial impact on engagement. What are the financial implications of a staff/faculty engagement strategy for the higher education enterprise? What are the financial implications of a staff/faculty engagement strategy for the higher education enterprise? In response to this query, we will look at the effect engagement has on the individual, the institution, the community and some broader more global impacts
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