Presented by Chris McNamara, VP of Customer Success at Glassdoor, at Customer Success Summit 2018, Track 3.
Does it really matter whether your Customer Success Managers love their jobs? In this session I explore the linkage between employee engagement and business outcomes, sharing some of my experiences cultivating engagement at Glassdoor, focusing in particular on career progression.
6. 1. Engaged employees have higher productivity
• Disengaged employees have 37% higher absenteeism and
produce 60% more errors and defects [Gallup]
• Employees who are engaged are 27% more likely to
demonstrate “Excellent” performance [Gallup]
7. 2. Engagement impacts the customer experience
• “Happy staff are proud staff and proud staff deliver excellent
customer service” - Virgin
• Engaged employees are more innovative [BI Worldwide]
• Engaged employees are less likely to leave and more tenured
employees develop more expertise [BI Worldwide]
• Customer retention is higher when employees are more
engaged [Cvent]
8. 3. Engagement predicts financial performance
• Organizations with highly engaged employees report revenue
growth >2X their peers [Kenan-Flagler Business School]
• Companies with higher employee ratings on Glassdoor
demonstrate higher revenue per employee, higher market
value and outperform the overall stock market
9. What factors most impact employee engagement?
• Pay
• Culture
• Career progression
10. Career stagnation drives attrition
• We studied 5000 job transitions
• We find that transitions are frequent –
15 months on average
• Companies with higher career
opportunities were statistically more
likely to retain their employees
73%of job transitions are
external moves
11. At Glassdoor, career progression was a key
concern for our Customer Success Managers
I would like to have a more clearly
defined career path and
understanding of how to advance or
access other opportunities
We need a clearly defined set of core
responsibilities and clarity on how
our own success will be measured
We need more focus on
development of employees
and room for growth
There are career opportunities
but no visibility into what it
takes to actually get there
12. As a starting point for career progression, we’ve
invested in building competency frameworks
• A competency is a characteristic necessary to do the job
• Competencies are not roles and responsibilities – competencies are…
Knowledge
Skills / Capabilities
Attributes / Qualities / Behaviors
• Competencies are observable, measurable and coachable
14. Example: Managing Work & Collaboration
Team Leader / Manager
Senior CSM competency plus..
• Leads prioritization of work for
team
• Delegates effectively
• Utilizes project management
skills to deliver initiatives
• Coaches / develops team on
managing work and
collaboration
ManagerManager Senior CSM
CSM competency plus..
• Manages larger / more complex
client accounts
• Develops deep client
relationships
• Contributes to initiatives /
cross-functional projects
CSM
• Manages a full client book
• Prioritizes effectively
• Manages time efficiently
• Shares knowledge with peers
• Actively seeks feedback on
own performance
15. Results
• Steady increase in engagement measured by GLINT
• 0 employee attrition in the last 5 months
• Grew the CSM team by ~50% this quarter, almost half from internal hires
• Customer Success becoming recognized internally as a great place to work!
16. Recommendations
1. Measure engagement
2. Understanding the drivers
3. Assess Pay, Career Progression and Culture
4. Develop competency frameworks and career paths
5. Rinse. Repeat.