Friday, 8 April 2016

33 Pct Of Financial Sector Employees Highly Engaged At Work - AIF

KUALA LUMPUR, April 8 (Bernama) -- Only one-third of employees in the Malaysian financial services sector envisage a long-term future with their current employer and are strong advocates for their organisation, according to a report by the Asian Institute of Finance (AIF).

In its report titled 'The 3Es of Talent Management', AIF said employees that are highly engaged at work stood at only 33 per cent while 45 per cent are moderately engaged, 16 per cent unmotivated and six per cent highly disengaged.

The Engagement, Enrichment and Empowerment (3Es) of talent management report, involving over 3,000 finance professionals across the financial services industry, aimed at helping organisations understand ways to enhance employee productivity and optimise organisational performance.

"The 3Es can provide a metric for understanding how effective an organisation is in managing its employees and creating an environmental culture that keeps employees motivated and productive.

"As the talent challenge intensifies, organisations need to rethink their approach beyond the traditional ethos of focusing all efforts and resources on employee satisfaction," said AIF Chief Executive Officer Dr Raymund Madden in a statement today.

According to the report, there are four key drivers which organisations should focus on to have an effective engagement programme -- clarity of purpose and direction; leadership; pride and advocacy and rewards.

"These drivers have a significant impact on the overall level of commitment and satisfaction of employees," it said.

The report highlights that the intrinsic aspects of work such as opportunities for advancement, a sense of accomplishment and the opportunity for employees to make full use of their skills and abilities are important elements in any employee enrichment strategy.

-- BERNAMA

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