It is common sense when you think about it – companies’, whose employees are engaged and involved in the goals and values of the business, are bound to achieve better results than those that do not.
Every business leader you ask will invariably agree to this but do they do anything about it?
If you are an ambitious leader, take a look at the following 10 facts and ask yourself if putting in the effort to really engage and align your team is worth the effort.
- Just 13% of employees worldwide are fully engaged at work. (Gallup)
- 77% of companies worldwide do not have the right human resources skills to address issues including retention and engagement. (Deloitte)
- “Preventable turnover” is highly expensive: In the U.S. the annual price tag for a business with 10,000 employees is $75 million. (Linked in)
- 63% of employees worldwide are “not engaged”, 24% are “actively disengaged”-unhappy, unproductive, and likely to spread negativity to co-workers. (Gallup)
- In a 2011 Canadian study, employees working in non-profit organizations were most engaged (72%). Employees working in government reported the lowest rate of engagement among co-workers. (Psychometrics)
- 77% of senior managers want to raise their level of employee engagement, but only 41% of them communicate personally with employees about plans and goals on a regular basis. (The Social Workplace)
- Generations at the beginning and approaching the end of their careers tend to be more engaged than those in the middle of their careers. (Gallup)
- People with a college degree are less likely than less-educated people to report having a positive, engaging workplace experience. (Gallup)
- Relationships are critical to engagement: 84% of employees in the U.S. claim their relationship with their boss is the top determining factor for whether they try to move up in the company — or find work elsewhere. (National Business Research Institute)
- Engaged workforces earn more — a lot more. Companies with engaged employees outperform those without by up to 202%. (Dale Carnegie)
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