Why Employee Engagement Matters Infographic
Employee engagement is just one aspect of workplace culture but when done right, it can have big outcomes for businesses. It's no wonder Bersin by Deloitte found culture and engagement to be the #1 most important issue among organizations - more and more, business leaders are becoming aware of its benefits.
When employees see their organization investing in developing their skills and career growth, they feel more motivated and loyal to work for the good of the company.
Employee engagement can help combat high staff turnover, produce more effective and competitive work, and ultimately save your organization money - and who doesn't like to save money?
Why Employee Engagement Matters?
Engaged employees are more likely to work productively and remain loyal to an organization. Find out how employee engagement is the key to developing a happy and healthy organization.
Collectively, people check their phones 8 billion times a day, yet rpoductivity is barely rising.
Only 30% of employees are engaged at work.
2/3 Millenials believe it is the management's job to provide them with accelerated development opportunitis in order for them to stay.
Less than half of employees (49%) would recommend their employer to a frined.
Lost productivity cost American companies $450-550 billion per year.
9/10 executive rate employee engagement as important for their companies.
Top 3 Factors Driving The Focus On Employee Engagement
- Competition for Millennials who are less loyal compared to oter generations.
- The need to attract technologically skilled workers as companies digitize their business.
- Company culture is more transparent due to anonymous feedback tools and surveys on social media.
Increasing employee engagement investment by just 10% can increase profits by $2,400 pr employee and 233% greater customer loyalty.
Business with employee engagement porgrams achieve 26%greater annual revenue.
Find out how Velpic can help you increse employee engagement.