Employers Increasing Use of Social Media to Reach Employees in Challenging Times, Watson Wyatt Survey Finds
December 07 2009 - 11:08AM
PR Newswire (US)
WASHINGTON, Dec. 7 /PRNewswire-FirstCall/ -- In order to
communicate messages to workers in a complex business environment,
a majority of companies plan to increase their use of social media
in the coming year, according to a survey by Watson Wyatt, a
leading global consulting firm. Almost two-thirds (65 percent) of
companies plan to increase their use of social media in 2010,
according to the Watson Wyatt 2009/2010 Communication ROI Study,
which surveyed 328 companies from various regions around the world.
Overall, 78 percent of global respondents have increased their
electronic communication in the last 24 months, and 55 percent have
increased face-to-face communication. However, nearly half (48
percent) have decreased their print communication over the past 24
months. "Companies continue to explore using social media as the
next communication frontier," said Kathryn Yates, global leader of
communication consulting at Watson Wyatt. "Today's workers are
looking for authentic, timely messages that address how business
changes affect them personally. Social media engages employees in
real time and on a variety of topics." While interest is growing,
many employers report common hurdles to implementing social media.
Among employers that did not expand their use of social media, more
than one-third (36 percent) cited the lack of information
technology support or inadequate technical capability. Forty
percent indicate limited knowledge of the topic, and nearly half
(45 percent) of companies cite the lack of staff or resources. For
now, the traditional communication channels remain the most popular
for many of employers' messages to their workers. According to the
report, most employers prefer to communicate changes to business
performance via staff meeting (73 percent). Employers view
financial education as best delivered through their intranet (43
percent). And employers still prefer communicating changes to pay
and job security face-to-face (58 percent and 48 percent
respectively). "While traditional communication channels are still
preferred in some instances, the downturn has put a premium on
effective, innovative communication," said John Finney, senior
communication consultant at Watson Wyatt. "However, it is important
for companies to take full advantage of these new, exciting forms
of communication by developing strategies before making any sudden
leaps and then continually measuring the programs' effectiveness."
To view the 2009/2010 Communication ROI Study report, visit:
http://www.watsonwyatt.com/CommROI. About Watson Wyatt Watson Wyatt
(NYSE:WWNASDAQ:WW) is the trusted business partner to the world's
leading organizations on people and financial issues. The firm's
global services include: managing the cost and effectiveness of
employee benefit programs; developing attraction, retention and
reward strategies; advising pension plan sponsors and other
institutions on optimal investment strategies; providing strategic
and financial advice to insurance and financial services companies;
and delivering related technology, outsourcing and data services.
Watson Wyatt has 7,500 associates in 33 countries and is located on
the Web at http://www.watsonwyatt.com/. DATASOURCE: Watson Wyatt
CONTACT: Steve Arnoff of Watson Wyatt, +1-703-258-7634, ; or Ed
Emerman for Watson Wyatt, +1-609-275-5162, Web Site:
http://www.watsonwyatt.com/
Copyright