Employee Engagement Dashboard

Employee engagement hit an 11-year low in early 2024, with a 30% drop that represents 4.8 million fewer engaged employees in the workplace. With disengaged employees collectively costing nearly 2 trillion in lost productivity, organizations must figure out how to reengage their workforce.

An employee engagement dashboard displays relevant data so you can glean accurate insights into how your employees are doing and see what you can do to keep them motivated. Let’s understand what an employee engagement dashboard is, why you need it, and how you can create one to retain top talent in your company.

What is an employee engagement dashboard?

An employee engagement dashboard gives HR, managers, and executives a clear picture of how employees feel about their work and the company. It’s useful for gauging employee morale and finding areas of improvement to cultivate a positive work environment.

Why you should use a dashboard to track employee engagement

An HR dashboard for employee engagement can help you maintain a healthy and productive workplace. Here are the benefits of using this tool:

Get accurate insights into the state of your workforce

Highly engaged employees are 14% more productive and 81% less likely to be absent from work. This is great news, but first, you need to know how they’re feeling. An employee engagement dashboard lets you see real-time data on whether your team is happy, motivated, and committed. 

Dashboards in Klipfolio PowerMetrics make sure you can plug in all of your data sources. The tool integrates with different apps and programs, like data warehouses, HR management systems, and program management software. This way, you can collect all relevant information and display them for better understanding.

Measure the impact of initiatives

When you introduce new programs or changes, you must monitor if they are making a difference. An engagement dashboard lets you measure the impact of these initiatives. 

For example, if you start a new training program, the training dashboard can show if employee engagement and performance improve. This way, you can see what works and what doesn’t, helping you allocate resources effectively. 

Predict employee turnover

High turnover rates can disrupt the organization and are expensive due to recruiting and training new employees. By using a dashboard, you can identify trends and signs that employees might leave, such as decreasing engagement scores. This allows you to address issues before they lead to resignations. 

For instance, if the dashboard shows a drop in engagement in a particular department, HR can investigate and intervene early, potentially saving valuable team members from leaving.

4 important metrics to track in an engagement dashboard

Using an engagement dashboard helps track important metrics that can provide valuable insights into your workforce’s sentiment. Here are the metrics to track to maintain a motivated and productive team.

• Employee turnover rate

• Attrition rate

• Retention rate

• Turnover cost per person

Employee turnover rate

Employee turnover rates show whether your employees are having issues with job satisfaction, company culture, or their workload. By monitoring this metric, you can take steps to improve retention and create a more stable work environment, such as developing programs to boost employee morale or implementing changes to enhance task delegation.

Attrition rate

While the turnover rate encompasses both voluntary and involuntary departures, the attrition rate focuses on the number of employees voluntarily leaving the organization after a certain period.

A high attrition rate signals that there may be underlying issues, such as poor management or lack of career growth opportunities. Tracking this metric on your engagement dashboard allows you to pinpoint areas that need improvement so that your company retains its valuable talent.

Retention rate

Retention rate is the flip side of turnover and attrition. It shows the percentage of employees who stay with your company over time. By keeping an eye on retention metrics using your dashboard, you get insights on successful engagement strategies and continue to build a loyal and committed workforce. 

Turnover cost per person

As mentioned, turnover is expensive. It includes the cost of replacing the employee, such as advertising, training, and onboarding, and the costs due to loss of productivity and, sometimes, sharing of trade secrets and proprietary information. Checking this metric helps you see how turnover is draining your company resources and affecting profitability.

How to use your dashboard to improve employee engagement

Make the most of the insights from your dashboard to find ways to improve your engagement initiatives and predict trends for a proactive approach to boosting organizational morale.

Analyze data to identify areas for improvement

One of the top uses of dashboards is that they show you areas where teams are struggling to engage. This level of awareness is important for managers and executives to be on the same page and brainstorm on strategies that boost motivation and overall satisfaction. 

Develop strategies based on dashboard insights

The insights gained from your engagement dashboard are not just numbers—they tell a story about your employees' experiences. Use these insights to develop targeted strategies to improve engagement.

For instance, if the data shows low scores in employee satisfaction surveys, consider implementing new wellness programs or enhancing professional development opportunities. This data can help you hone in on the specific problem and develop solutions that directly address your employees' needs.

Predict trends for proactive engagement management

Aside from knowing what to do in the next six months or one year, an employee engagement dashboard can also help you identify patterns and forecast future issues. 

For example, if the dashboard shows a gradual increase in voluntary terminations, you can investigate and address potential causes, such as increased workload or lack of growth opportunities. By being proactive in addressing these issues, you can prevent further talent loss and create a more engaging workplace environment.

Challenges in using employee engagement dashboards

Data accuracy, employee compliance, and handling qualitative data are three possible challenges you might face when using an engagement dashboard. Let’s take a closer look at each one of them: 

Data accuracy

Inaccurate data can mislead managers, leading to poor decisions that might harm the organization. To maintain data accuracy, update and audit your data sources regularly and . implement automated data validation tools to catch errors early. 

Employee participation

Low employee participation in surveys and feedback can skew the results on your engagement dashboard. If only a small portion of your employees participate, the data might not represent the overall sentiment accurately. Encourage higher participation by making the process easy and ensuring anonymity to make employees feel safe in sharing honest feedback.

Qualitative data

Dashboards are excellent for displaying quantitative data but often fall short in capturing qualitative aspects such as employee sentiments and detailed feedback. This can result in a lack of depth in understanding the root causes of engagement issues.

To address this, complement your dashboard with qualitative data gathered from interviews, focus groups, or open-ended survey questions. This mixed-method approach offers a fuller picture of employee engagement by providing context to the numbers.

Boosting company morale with Klipfolio

An employee engagement dashboard can help you address employee needs and enhance job satisfaction, allowing you to retain top talent for your business’ success. With Klipfolio PowerMetrics, you can create beautiful data visualizations tailored to your specific engagement metrics.

Start using Klipfolio today and develop targeted strategies to foster a positive and productive work environment.