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Global Employee Engagement and Feedback Software Market were estimated at USD 0.817 billion in 2019, and it is anticipated to reach USD 2.13 billion by 2026, at a CAGR of 14.7 %, over the projection period.
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According to BlueWeaves Consulting, Global Employee Engagementand Feedback Software Market size is expected to reach USD 2.13 billion by 2026 from USD 0.817 billion in 2019 at a CAGR of 14.7 % over the forecast period. The increasing contract jobs for professionals, expanding outsourcing activities, growing virtual workplace and challenges faced on the employee engagement front, are expected to drive the market substantially during the forthcoming period. Employee Engagement and Feedback software helps the organizations in getting the responses from employees to recognize accomplishments and conduct promotion activities. This software is deployed in the HR Department to improve operational competence and reduce human error. It allows managers and peers to find out the discrepancies between employee performance and engagement and organizational expectations and, helps in devising suitable engagement activities. It is useful to the organizations which find it difficult to retain employees. Most advanced employee engagement software is deployed by Human Resource (HR) departments and they are available on a subscription basis as software or service.
Employee engagement is the level to which team members feel passionate about their jobs, are dedicated to the organization, and put special efforts into their assignment. It is different from employee satisfaction which shows how happy or content your employees are. Employee engagement is an essential concept that includes subjective and objective parameters to understand and define the nature of the relationship between an organization and its employees. It is a workshop method intended to develop an employee's feelings and emotional attachment to the company, their job duties and position within the company, their fellow employees, and the company culture. Global Employee Engagement and Feedback Software Market is segmented based on Deployment method (i.e., On-premise, On-cloud), Organization Size (i.e., Small and Medium Size Enterprises, Large Enterprise), Offering (i.e., Turnkey, Customized) and Device (i.e., Desktop, Handheld).Get the Sample Copy of the Report:https://www.blueweaveconsulting.com/global-employee-engagement-and-feedback-software-market-bwc20137/report-sample