It is possible to keep employees engaged even if they’re not working at the office.
That is one of a number of findings in a survey by Vistage Worldwide of 1,350 small-business leaders, roughly 70 percent of whom say that at least part of their staff works remotely at times.
The study highlights the ways that employers can allow employees to work remotely and stay connected to their colleagues and the workplace culture.
More than half of small-business CEOs cite regular communication — through email, webinars and face-to-face meetings — as key to maintaining worker engagement.
Then again, most CEOs (57 percent) also concede that they don’t have a way of measuring employee engagement.
The study shed light on other concerns for small-business leaders.
Just under half of the leaders surveyed say they expect the new overtime rule that goes into effect on Dec. 1 to have an impact on the pay structure of their workforce.
The new rule will require all employees making up to $47,476 a year to receive time-and-a-half pay when they work over 40 hours a week. For over a decade, those making more than $23,600 were exempt from mandatory overtime.
Most small-business CEOs express confidence about the coming year for their companies. Sixty-nine percent say they expect their sales revenue to grow, while just over half believe their profits will rise.
For small businesses, the economy is relatively tough right now. Unemployment is low, which makes recruitment difficult, but the economy is just barely growing, which means there has not been a huge boost in investment and consumption to drive business growth.
To retain qualified employees, small businesses are feeling pressure to increase pay. Two-thirds say they raise wages on an annual basis.
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