For a company to thrive, it needs a motivated and engaged workforce. A company with the best employee engagement will notice an increase in productivity, a higher staff retention rate and more innovative solution solving.
Employee engagement should be an important area of focus for every business, here’s 10 facts every HR needs to know…
A 2017 study by The Conference Board found disengaged staff are costing American businesses an incredible $450-550 billion every year!
It might seem obvious, but if a disengaged staff costs money an engaged workforce can increase it – by up to 21% according to Gallup
That same Gallup report revealed that an incredible 87% of the global workforce is disengaged; with 32% of 18-35 year olds seeing them quitting within a year
A 2018 Korn Ferry survey revealed 33% of Americans cited boredom as being the main reason they quit their job.
The majority of staff believe recognition from a manager is the best thing to help an employee be successful.
Achievers recently revealed that 21% of employees they surveyed reported their employer showed no signs of hearing feedback from staff.
A further Gallup study shows only 6 out of 10 employees knew what was expected of them at work.
39% of employees want to leave their job for a company with a more inclusive culture according to Deloitte
In 2017, SHRM revealed 41% of staff rated career advancement as an important factor in job satisfaction.
Perhaps most surprisingly, Gallup found that 75% of employees quit because of their boss – not their company.