We’ve undergone a seismic shift in the workplace. And the employee experience (EX) is, more than ever before, a critical aspect of business performance. Yet, most executives have trouble connecting it to their bottom line. Which is why we built our new ROI calculator tool: Kazoo’s Employee Experience Impact Calculator.
What is the employee experience?
The employee experience is the quality of the emotional connection an employee has throughout their entire journey with your company. So it’s hard to measure and quantify. But leaders who focus their attention solely on traditional metrics leave a lot on the table by not embracing the employee experience and all that comes with it.
Learn how employee communication has changed in our manifesto:
The Employee Experience Revolution
What is the economic impact of your employee experience?
The employee experience encompasses an employee’s total experience (i.e., perceptions, emotional and intellectual stimulation, and challenges) of every touchpoint in their employee lifecycle. That includes career growth, workload, company culture, and relationships with peers, managers, and leadership. So the impact on your bottom line is likely far greater, and more comprehensive, than you can image — or easily present to your leadership.
And that’s where our ROI calculator comes in.
Using the Employee Experience Impact Calculator
Ready to make your case? Then head over to our Employee Experience Impact Calculator to enter 4 key metrics:
- Total number of employees
- Average employee annual salary
- Company’s estimated revenue
- Current state of your employee experience
(Not sure about that last one? No worries. Take our Employee Experience Assessment to determine exactly where you stand — and what you should be doing next.)
Then, you’ll receive a custom PDF report outlining the economic impact of your employee experience on:
- 💪 Productivity
- 🙇🏻♂️ Customer metrics
- 🗂 Retention
- 🚫 Absenteeism
- 💰 Overall savings
- 📈 Bonus stats per industry
Employee experience and your bottom line
We hope this tool helps you understand your company’s ROI on your employee experience — and your potential to take it even further. Because at Kazoo, we’re passionate about bringing together all the tools you need to make work work better for everyone. That’s why the Kazoo Employee Experience Platform brings performance management and recognition and rewards — including Goals, Feedback, Conversations, Recognition, Incentives, and more — into one simple, easy-to-use platform.
If you’re ready to align, connect, and engage your workplace, check out our Kazoo overview. Or, schedule a personalized demo today.