Maximizing Employee Engagement

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1 Maximizing Employee Engagement April 20, 2018 Jennie Carlson Executive Vice President, Human Resources

2 Employee engagement Strong culture Success 2

3 What is culture? A. The way things get done B. How we say things get done C. The systems, processes, beliefs and resources that enable our work D. All of the above 3

4 Culture can become a secret weapon that makes extraordinary things happen. - Jon Katzenbach, author and consultant 4

5 Culture is a competitive advantage. 5

6 6

7 Power of engaged employees 7

8 If you are working on something exciting that you really care about, you don t have to be pushed. The vision pulls you. Steve Jobs, founder of Apple 8

9 Engagement Why and how 9

10 Top challenges Culture and engagement Source: Deloitte

11 Power of engagement 11

12 12

13 Evolution of Human Resources Administrative Benefits Payroll Labor management Service Protection Operational Compliance Support and advice Control Compensation Policies Performance systems Training Strategic Partner Translate business strategy to HR priorities Proactive talent management Culture keeper Enable organizational Effectiveness Employee experience Voice of the employee 13

14 Administrative and operational excellence Compensation Technology HR policies Performance management People analytics 14

15 Culture keeper Employee engagement by being voice of employee Purpose-driven work Rewards and recognition Inclusivity 15

16 Organizational effectiveness enabler Organizational design Future needs Changing workforce 16

17 Ongoing considerations Factors that shape a company s culture Generational differences. Diversity. The community. 17

18 Generations 18

19 Understanding generations in the workplace Generational differences impact How and where we work How long we work Technology is changing at an increased rate People are living and working longer Why we work Demographic shifts influence attitudes toward work 19

20 Generational traits Members share a common time in history Defining moments, historical and cultural events Societal values and norms Technology Leaders and popular icons Commonality creates specific attitudes, values, preferences and behaviors 20

21 Five generations at work today Veterans Born Baby Boomers Gen X Born Born Millenials Born Gen 2020 Born after

22 U.S. workforce by generation % 90% 80% 70% 60% 50% 40% Traditionalists Baby Boomers Generaton X Millennials Generation % 20% 10% 0% 2005 US 2010 US 2015 US 2020 US 22

23 Who s next: Generation million strong and growing Highly-educated, born around the year 2000 Entering workforce by end of present decade Working out the common characteristics of this group 23

24 The future: Three forces shaping business Demographics Social web Globalization 24

25 Need for understanding 65 percent of respondents agreed generation gaps make it hard to get things done at work The skilled worker gap will grow to 14 million by

26 Across generations People in all generations want and need: To be respected, valued and treated fairly and with dignity To have an opportunity to contribute to the organization To belong and fit in 26

27 Diversity is about recognizing, respecting and valuing differences.. Inclusion is engaging all people by creating an environment where people feel valued, respected and appreciated. Diversity can be a competitive advantage. Inclusion can create business opportunities. 27

28 We draw strength from diversity 28

29 Thoughtful and intentional structure and governance Leadership team WORKPLACE AND CULTURE MARKETPLACE SUPPLIER DIVERSITY COMMUNITY 29

30 30

31 Bridging the gap Highlight strengths Encourage two-way dialogue Learn from each other Foster teamwork Share perspectives 31

32 Employee feedback 32

33 Business Resource Groups 33

34 National reach African American Asian Heritage Nosotros Latinos Proud to Serve Spectrum U.S. Bank Women *LOB chapters not on map *Disability *Native American *virtual chapters only 34

35 BRG honors and awards Employee Experience Fortune Magazine Great Places to Work in Finance and Insurance The Denver Post Denver Top Workplace The Cincinnati Enquirer Cincinnati Top Workplace Minneapolis/St. Paul Business Journal Twin Cities Best Places to Work Proud to Serve Employee Support of Guard and Reserve MN Seven Seals Award Military Times Best for Vets: Employers Recruit Military Most Valuable for Military G.I. Jobs Military-Friendly Employers List Military-Friendly Brands List Military-Friendly Company List ERG & Council Honors Award 2016 and

36 Programs that promote and support culture Strong mission and core values Regular Leadership Communication Sponsorship and mentorship All Employee Meeting Business resource groups Career development opportunities Employee Assistance Fund Leadership development opportunities Volunteer days 36

37 Community and giving back 37

38 The future 38

39 39

40 Culture and people are the only true source of competitive advantage. 40

41 Thank you 41

42 Questions 42

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