Monitoring employee engagement should be part of any productive organization. Not only do engaged employees produce better results, but they’re also less likely to leave your organization in the near future or create negative energy after moving on. High employee turnover costs organizations steeply, financially and in terms of employee morale. That’s why taking the time to monitor engagement and make positive changes in your workplace is a worthwhile investment.
The changes to overtime rules will affect more than four million workers in the US. Workers with FLSA exempt status will become nonexempt and eligible for FLSA coverage. This is great news for employees! Right?
Not every employee will see it that way.
The new overtime rules don’t automatically mean these four million employees will now be earning time and a half alongside their salaries. Rather, businesses will shift the pieces to make everything fit into the budget puzzle.
Losing employees at a rapid clip is a massive drain on a company’s resources (read more on this topic here). It can also be a sign that there’s something really wrong with an organization internally. If exit interviews reveal that employees aren’t just leaving for greener pastures or personal growth opportunities, but because they’re burned out, bored or disgruntled, the cause may be a problem with engagement.