Employees and managers both require feedback. The manager-employee relationship is built on reciprocity; one cannot exist without the other. Unfortunately, employees rarely have the opportunity to communicate their preferences to their bosses.
Have you ever considered how many companies genuinely allow their employees to provide feedback to their managers? For those who do, how many managers in those companies genuinely digest the comments and modify their behavior as a result?
Effective managers are constantly willing to listen to suggestions. According to research, managers who receive feedback on their competencies see a considerable increase in profitability. Let’s take a look at why employee feedback surveys are important, how to get it from your employees, and what to do with it once you get it.
Why Are Employee Feedback Surveys Important?
The efficiency with which your organization operates is determined largely by the performance of your managers. When managers are resistant to employee feedback, they might get stuck in the same (ineffective) patterns, resulting in higher attrition, strained employee relationships, and stalled efforts. For example, an employee may feel micromanaged even though a manager espouses a hands-off management style. In such a case, without employee feedback to the contrary, this manager will likely continue with the same management style, resulting in a team of unsatisfied and unmotivated workers.
Regular employee feedback, which is ingrained in your company culture, leads to a slew of positive business outcomes, including:
- Firms that include employee feedback on a regular basis have a lower turnover rate.
- Employees who receive constructive feedback feel content at work, which leads to a rise in satisfaction.
- Managers who provide and get continuous feedback to receive top ratings from their employees.
It takes time to understand the significance of an employee feedback survey. Managers must be taught to be responsive to input from the very beginning. Accepting input from direct reports can be difficult, but it’s vital to remember that these employees offer a distinct perspective that is critical to understanding how your company operates and how it can be improved. In particular, this input assists you in identifying areas for improvement across your firm, allowing you to achieve maximum growth.
Consider whether you completely comprehend your own leadership style and whether your staff’s perceptions are aligned with this. If you do not or if there is a potential misalignment (as there typically is), it’s time to conduct an employee feedback survey in your company.
