We Still Can't Measure Employee Engagement. This Is Why. [Forbes]
CVS Health Corporation (CVS)
Last cvs health corporation earnings: 2/12 06:45 am
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Source: Forbes
If it seems like labor trends are changing faster than the weather, it's because they are. In one breath, leaders are focused on attracting talent, and in another, how to right size when the economy turns. The only constant is talent strategy whiplash where people leaders get caught reacting to one issue after another. For years, organizations have been relying on engagement surveys as a key indicator of employee sentiment and productivity. According to McKinsey research , “employee disengagement could cost a median-size S&P 500 company between $228 million and $355 million per year in lost productivity.” PROMOTED The lost productivity fear has driven organizations to measure engagement at record rates, making it an almost billion dollar industry in 2024. But do these measures actually make a difference? Researchers have been asking this question for years , and yet leaders still struggle with what to measure. The concept of an annual employee engagement survey is antiquated,
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CVS
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CVS
Sec Filings
- 9/19/24 - Form 3
- 9/3/24 - Form 4
- 8/9/24 - Form 13F-HR
- CVS's page on the SEC website