Product Launch Alert: Introducing Vantage Pulse
Vantage Circle has already created three solutions for driving employee satisfaction. However, an essential part was still missing; Measuring engagement levels.
Our team has been working hard the past few months in conceptualizing and building a powerful and unique employee survey tool, Vantage Pulse.
Finally, the technical aspects are taken care of, the designing is done, the framework is ready, and the product is up and running.
Vantage Pulse is a powerful employee survey tool that lets you collect, measure, and act on real-time employee feedback.
In this blog, I’ll walk you through the process of building the product and what makes Vantage Pulse so efficient and one-of-its-kind.
The motto of Vantage Circle has been simple. We aim to deliver an all-inclusive employee engagement platform that helps organizations in enriching their company culture and elevating productivity. We are constantly working on progressive and innovative ideas to make Human Resource Management smoother and better.
We’ve been quite successful in helping corporations like Infosys, Wipro, HCL, Cognizant in their employee engagement efforts with our three products, Vantage Rewards, Vantage Fit, and Vantage Perks.
However, we felt that there is one crucial element that was missing in our approach. We are always talking about transforming modern organizations and building an engaged workforce. The very first step to improvement is measurement.
Understanding and evaluating the needs and behavior of your workforce are imperative before you go about your engagement and retention strategies.
“It is better to take many small steps in the right direction than to make a great leap forward only to stumble backward.” ~Louis Sachar
Why is the Employee Engagement Survey so Important?
Measurement plays a vital role in today’s employee engagement.
With the rise of services offered by Uber, Zomato, and Amazon, giving feedback for experience is not as unnatural as it was a decade back.
People are now more and more accustomed to voicing their opinion and expertise via ratings and reviews.
It is not uncommon to see unsatisfactory job experiences being reflected on websites like Glassdoor and Indeed.
This not only reveals your employee’s dissatisfaction level when it’s too late but also creates a negative brand image. And we know how crucial Employer Branding is to business!
So before your employees vent their frustration on third-party rating sites, isn’t it better to take steps internally and check how your employees feel?
Surveys essentially let you uncover the root problems before they become serious company concerns.
This is one of the many reasons why running employee surveys should become part of every modern workplace.
Surveys offer the best way to measure and quantify the degree of engagement and satisfaction within the organization.
But annual long-form employee engagement surveys have proven to be quite inefficient in uncovering how people within the organization feel.
With the aid of digital technology, surveys can be real-time, frequent, and short, giving HR managers unparalleled access to navigate the problem areas easily.
Right now, pulse surveys are the most popular and successful way of measuring engagement.
Read: Pulse Surveys: The Faster & Better Way of Measuring Employee Engagement
To build this product, we needed three things:
- Experience in the HR Industry,
- The latest technology,
- And a skilled and capable team.
When we realized we had all three of these things on our plate, we decided to venture on the journey of building our own Employee survey tool.
Let's Dive Deeper!
Here are some compelling attributes of the Vantage Pulse survey system that make us truly unique and efficient:
eNPS Format:
One of the most successful survey tools in recent times has been NPS or Net Promoter Score. eNPS stands for Employee Net Promoter Score. It gives a quick and easy way for organizations to measure employee loyalty.
Typically, eNPS asks one primary question, i.e., How likely are the employees to recommend your company as an excellent place to work with a friend or colleague?
The typical survey gives only "yes" or "no" options. But pulse surveys allow employees to rate their answers on a scale. It is commonly either 1-5 or 1-10.
Since NPS surveys are pretty standard and people are familiar with the format, eNPS quickly gained popularity. Vantage Pulse uses the same approach while asking the questions to get the most out of each question.
Deep Insights:
The detailed survey dashboard integrates and categorizes all the survey results in one place. This gives you a structured and meaningful visual overview of your data.
The hyper-categorization helps you in getting to the root of the problem in a matter of seconds. With Vantage Pulse, actionable data is always available to you at your disposal.
Get More Out of Anonymous Surveys:
Anonymity is usually an important criterion when it comes to the success of a survey medium. Digital surveys allow a greater degree of anonymity as compared to paper-based surveys because of obvious reasons.
Additionally, with Vantage Pulse, following up on anonymous survey responses becomes easier.
After the initial question has been asked and the responses have been noted, the respondents can be asked a follow-up question or series of questions to get to the root of the issues. The best part is that it can be done without compromising the confidentiality of your employees.
Benchmarking Against Other Companies:
Vantage Pulse offers an excellent way to set an industry benchmark for companies—both scientifically and objectively.
The survey will ask a set of standardized questions to assess the aspects of employee engagement. Comparing these aspects with other companies can offer valuable benchmark data across the industry.
Data-driven Results and Smart Predictions:
One of the top challenges of the Human resources department has been to understand and rectify the factors behind high employee turnover.
With Vantage Pulse, managers get data-driven results to analyze trends, uncover factors of employee turnover, predict behaviors and ultimately increase employee retention.
It helps you overcome the gap between feedback and action with real-time insights. As a result, you get the right data from your workforce exactly when you need it. In short, it is the best way to future-proof your strategies to manage your people.
Continuous Cycle:
The questions in the survey are short, relevant, and to the point, taking very little time. In addition, our pulse surveys land directly to your employees’ mailbox, and you can decide the frequency of it throughout the year.
This creates a framework that enables the management to continuously and quickly gain employee feedback. It can then help in evaluating the policies and procedures and build a better company culture.
This is Not It!
VantagePulse is loaded with many more unique and engaging features such as:
Grasp the Pulse: Give a great survey experience to your employees with Vantage Pulse’s visually appealing interface.
Ask Right Questions: Ask the right questions from our 30+ categories. Asking relevant questions is the key to get a precise snapshot of your employee engagement efforts.
Built for Team: Vantage Pulse is built to suit both small and large organizations. No matter the size of your organization, it equips you to gain feedback specific to different teams and departments.
Customization: You can easily customize the process and set the frequency of the survey, the number of questions asked, and when to run the study.
White-labelling: You get complete branding control over the survey. This means you can customize the look and feel of the interface to suit your brand persona.
Advanced Survey Analysis: Vantage Pulse gives you the benefit of analyzing real-time data-backed feedback through segmentation, participation rate, and predictions.
Compatible with all Devices: Stay connected to your employees across mobile and web platforms.
Universal Accessibility: In a survey, every opinion counts. Vantage Pulse consists of a standardized set of questions designed for global workforces.
Click here to learn more.
Final Words
A great workplace is one where employees feel valued and cared for. Organizational attributes directly translate to employee engagement. And you must keep a check on them. Uncovering small and big issues of the company helps you in creating a fulfilling employee experience. Vantage Pulse promises to offer you the most cost-effective and efficient solution to measure engagement among employees.
How did you like this product launch update?
We’ve got a lot more in store, so keep your eyes peeled for our next update!
This article is written by Anjan Pathak, a Co-founder and CTO at Vantage Circle. He is an HR technology enthusiast, very passionate about employee wellness, and actively participates in corporate culture growth. He is an avid reader and likes to be updated in the latest knowhows of Human Resource. For any related queries, contact editor@vantagecircle.com
