One highly effective way to boost employee sentiment and truly get buy-in is through engaging company town halls.
Much more than a problem of low morale or behind-the-scenes grumbling, disengaged employees cost the world a jaw-dropping $7.8 trillion in lost productivity in 2021. That was 11% of global GDP. According to a 2022 survey from Gallup, nearly one in three employees is disengaged at work. On the flip side, companies with successful employee engagement realize about 23% greater profits.
Company town halls can help keep your employees connected and engaged, especially in dispersed work environments.
A company town hall is typically an all-hands meeting in which the leadership team looks to connect with employees, present critical business information, recognize employee efforts, and promote company values. These meetings can be held in person, virtually, or in a hybrid format. The main goal is to increase transparency and give employees a direct line to leadership — no matter the size of the organization.
Unfortunately, the challenging logistics of travel and planning an in-person town hall prevent many companies from holding them. This is especially true for companies with large-scale workforces and multiple business locations. Virtual town halls provide an effective, scalable solution for bringing employees together.
While in-person meetings will always provide value in certain situations, video is the ideal medium for company town halls for a number of reasons:
Employees have grown increasingly fatigued with the standard video conference experience. To keep them engaged, video meetings need to become more intentional and dynamic.
The right virtual town hall meeting platform should strike a balance between a professional look and feel and ease of use. Socialive’s end-to-end video creation platform, for example, provides intuitive tools that make it easy to create content for any business use. Especially for anyone who’s responsible for managing the town hall (who might not be a video expert), Socialive enables anyone in your organization to easily create branded, immersive town hall experiences that inspire, inform, and engage employees.
Once the meeting is over, one-click integrations ensure you can send the recording directly to anywhere you want to publish it — from social media accounts, meeting and event platforms, and file hosting sites to marketing automation platforms and video editing tools. This makes it easy to keep the meeting as an on-demand recording, clip the best parts for highlights or public consumption, or edit portions into new content.
Now that we’ve covered the importance of company town halls and what to look for in a virtual solution, here are a few tips to make the event robust and thrill your employees:
Eliminate on-air stress and give yourself ample time to add finishing touches by remotely recording your content in advance. Not only does this method better accommodate executives’ busy schedules, but it also enables you to hear from more voices across the organization.
Socialive integrates with audience engagement tools like Pigeonhole to add live chat, polls, Q&As, reactions, and more to your company town hall program.
Source pre-recorded content from your employees, which can be seamlessly interspersed with live and other pre-recorded videos to showcase more perspectives across your company.
You might assume leaders are naturally good on camera, but they can often use a little coaching to make sure everything goes smoothly.
Psst! Your company's town hall doesn’t need to be live. Experiment with the way you deliver your presentation to see what resonates best with your employees. For example, you could pre-record the entire town hall for employees to view a simulive event, then set up a 30-minute true live Q&A session to answer any questions employees might have after they watch the recording. Or, you can send the first portion of the event as an asynchronous recording to be viewed on their own time ahead of the Q&A session.
Working to improve employee engagement through an engaging company town hall delivers enormous business impact. Virtual town halls can help you maintain strong connections with your people, engage your employees in an open and authentic format, and get everyone to buy into your corporate goals and your company’s mission.
Take a quick, self-guided tour of our platform to see how Socialive can help you easily create professional company town halls that keep your team connected and engaged.