{"id":37033,"date":"2021-11-08T02:33:11","date_gmt":"2021-11-08T02:33:11","guid":{"rendered":"https:\/\/inmoment.com\/xi-terms\/voice-of-the-employee-voe\/"},"modified":"2021-11-23T07:09:40","modified_gmt":"2021-11-23T07:09:40","slug":"voice-of-the-employee-voe","status":"publish","type":"glossary-terms","link":"https:\/\/inmoment.com\/en-nz\/xi-terms\/voice-of-the-employee-voe\/","title":{"rendered":"Voice of the Employee (VoE)"},"content":{"rendered":"

Today, more than ever, companies must attract and retain top talent to stay competitive. Voice of the Employee (VoE) programs and Voice of the Employee Software play a key role in those efforts\u2014by making it possible to systematically collect, manage, and act on feedback and input from employees on a variety of subjects. For example, most successful VoE programs collect job engagement and satisfaction data, ideas for improving internal programs and processes, suggestions for improving products and services, and more.<\/p>\n

VoE programs typically use a variety of methods to collect and analyse data from employees, including surveys, group studies, management reviews, and focus groups. Then, they have tools in place to analyse input from employees and convert it into relevant, actionable insights that management can use to boost employee engagement, increase productivity, and improve profits.<\/p>\n

Why is Voice of the Employee important?<\/h3>\n\n\n
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Studies clearly show that happy employees translate directly into more loyal, satisfied customers and increased revenue. VoE measures employee engagement, which shows how motivated, involved, and productive your employees are. These factors, in turn, directly impact employee turnover rates, product and service quality, customer loyalty, and overall profitability.<\/p>\n

A 2008 Harvard Business Review article<\/a> establishes a clear \u201cService-Profit Chain\u201d that directly connects employee engagement to business value, customer loyalty, and ultimately business profitability and growth:<\/p>\n\n

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\n WHITE PAPER <\/h5>\n \n

\n Better CX Begins with Employees <\/h4>\n \n
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Where Voice of Customer, Employee Engagement, and Voice of Employee Intersect<\/p>\n<\/p>\n <\/div>\n \n \n \n Download White Paper <\/span>\n <\/a>\n \n <\/div>\n\n <\/div>\n\n <\/div>\n<\/div>\n\n<\/section>\n\n\n

Building a complete, effective VoE solution with InMoment<\/h3>\n

InMoment is ready to apply all the advantages of a powerful, complete, and flexible customer experience (CX) technology platform to the needs of your VoE program. This allows you to:<\/p>\n