Impact of Employee Engagement on Revenue and Return of Investment with Respect to Food Industries in Nagpur Region: An Evidence study
Abstract
Employee engagement is becoming valuable as the success comes from within the organisation when transforming into the digital age and the modern world. It is crucial to take into consideration the level of engagement as competitive advantage and value proposition when talking about a successful and efficient organisation. Employee engagement and revenue generation have a direct relation. The more engrossing and motivating the employee engagement program the more revenue the company generates. The concept of employee engagement is becoming popular around the world nowadays. The study concentrates on the impact of Employee Engagement on return of interest and revenue generation of Food Industries in Nagpur Region. The research paper aims to describe the factors that are driving or hindering the development of engagement based Revenue and ROI. By analysing what is working and the existing difficulties, this paper attempts to specify how lower level construct is related to higher level construct. It maintain an individual level focus of measurement with employee engagement and behavioral engagement.
The concept of employee engagement and its importance to a business’ success has now become the buzz word. It is a strong need to create a virtuous cycle of employee engagement and revenue generation. Highly engaged employees lead to positive outcomes on the key performance indicators such as: increased retention, customer loyalty, safety, productivity and overall revenue growth within an organization. Today’s scenario, employee engagement is the leading factor for the business growth. Revenue of the organization is strongly connected with the employee engagement. Employee engagement is of three types: disengaged, Actively High engaged and non- engaged.
These types of engagement define the variation in the organization growth in terms of revenue and employee growth. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.
The concept of employee engagement and its importance to a business’ success has now become the buzz word. It is a strong need to create a virtuous cycle of employee engagement and revenue generation. Highly engaged employees lead to positive outcomes on the key performance indicators such as: increased retention, customer loyalty, safety, productivity and overall revenue growth within an organization. Today’s scenario, employee engagement is the leading factor for the business growth. Revenue of the organization is strongly connected with the employee engagement. Employee engagement is of three types: disengaged, Actively High engaged and non- engaged. These types of engagement define the variation in the organization growth in terms of revenue and employee growth. Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. It is the top line or gross income figure from which costs are subtracted to determine net income.
