{"id":11012,"date":"2022-12-09T10:53:24","date_gmt":"2022-12-09T10:53:24","guid":{"rendered":"https:\/\/www.synergita.com\/blog\/?p=11012"},"modified":"2022-12-09T10:53:24","modified_gmt":"2022-12-09T10:53:24","slug":"big-tech-layoffs-how-to-improve-employee-engagement","status":"publish","type":"post","link":"https:\/\/newtest.synergita.com\/blog\/big-tech-layoffs-how-to-improve-employee-engagement\/","title":{"rendered":"Big Tech Layoffs: How To Improve Employee Engagement At Work"},"content":{"rendered":"\n
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The recent news about mass layoffs in giant technology companies is sure to instill fears in employees. While layoffs are itself a depressive event that the companies find it hard to manage, it is the post-layoff phase that they ought to give prominence. The following article talks about what the companies can do to enhance employee engagement at work after a mass layoff. <\/p>\n\n\n\n

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Impact of Company Layoffs<\/span><\/strong><\/h4><\/p>\n\n\n\n
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Layoffs are the usual resort for companies facing challenges like cost-cutting, mergers, financial troubles, global competition and recession. Organizations may periodically go through restructuring and have become accustomed to layoffs in an attempt to have a leaner and more agile workforce.  <\/p>\n\n\n\n

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On the one hand, layoffs impact productivity and profitability because they affect employee engagement. On the other hand, layoffs cost the company years of training and development invested in employees, resulting in overloading the remaining workforce.  <\/p>\n\n\n\n

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Furthermore, layoffs make customers wary of doing business with them and force them to associate with competitors, thus impacting the bottom line. Over and above these consequences, layoffs bring home the realization that job security is not always guaranteed, and according to studies, it can lead to a 31% increase in voluntary resignations.  <\/p>\n\n\n\n

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It is easy to overlook the importance of performance management during and after the organizational restructuring. However, that would be a costly mistake in the long term as employees tend to experience low morale. This causes a decline in job satisfaction which in turn affects the performance. At this juncture, it becomes imperative that you pay more attention to employee performance and management. Using Synergita Perform<\/a><\/strong>, you can flawlessly manage employee performance with continuous engagement and 1:1 feedback. <\/p>\n\n\n\n

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Post-Layoff Employee Engagement and Performance Management<\/span><\/strong><\/h2>\n\n\n\n
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Employees go through anxiety, survivor\u2019s guilt, and insecurity when they see their colleagues being laid off. They also experience a loss of faith in the organization, making them feel less committed to their work. Therefore, the first order of business is to help them understand and alleviate their uncertainties, and that responsibility falls on the leaders.  <\/p>\n\n\n\n

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Leaders must step up to ensure that employees remain motivated and their work doesn\u2019t suffer. While everyone\u2019s workload may increase, including the leaders, staying strong at this time is imperative. Leaders must start by recognizing that life and work are connected, one impacting the other on many levels. <\/p>\n\n\n\n

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How To Improve Employee Engagement At Work Post-Layoff?<\/span><\/strong><\/h3>\n\n\n\n
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Let us discuss the best approach to ensure better employee engagement at work<\/a> despite rising workloads and performance-based pressure. <\/p>\n\n\n\n

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Be Honest<\/span><\/strong><\/h4><\/p>\n\n\n\n
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In uncertain times, keeping employees oblivious to what is happening or why can be a huge misstep. They are already burdened with guilt and fear and need to know the rationale behind layoffs. As a leader, you must help employees understand the reasons for the layoff.  <\/p>\n\n\n\n

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It would help if they are better informed about the layoff process and what was done to ease the pain for those who were let go – severance package, furloughs and prioritizing the hiring of the laid employees when things turned good,<\/strong> and other transition services. Employees will feel better knowing that layoffs were handled sensitively and fairly.  <\/p>\n\n\n\n

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Be Transparent<\/span><\/strong><\/h4><\/p>\n\n\n\n
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Open communication is essential, even if such conversations are awkward. Procrastination will have a negative impact as the immediacy of layoffs is the foremost event that lingers in everyone\u2019s minds. It is the time for trust and transparency. Team leaders must often engage with their team members to help them see where the organization stands and discuss the present crisis with empathy.  <\/p>\n\n\n\n

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Such communication cannot be a one-time solution but must be consistent and frequent, even if it means adding fifteen minutes to their workday. Organizations must create a safe space for employees to process their feelings and take comfort in their leaders\u2019 approachability. <\/p>\n\n\n\n

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How to Leverage HR Technology Insights to foster Employee Engagement in the Workplace<\/a><\/blockquote>