Forbes reported that Dale Carnegie Training placed the number of “fully engaged” employees at 29%, and “disengaged” employees at 26% – meaning nearly three-quarters of employees are not fully engaged (aka productive).
Huffington Post reports that according to recent Gallup 70% of US workers are either “not engaged” or “actively disengaged” at work. The projected cost in lost productivity is estimated to be as much as $550 billion annually.
Harvard Business Review drills further into the report and has produced 10 charts that further emphasizes the problem with disengaged employees. Workers who spend more time using their strengths to do work they enjoy or find valuable, are less likely they are to find time to be unhappy. In general, better engagement also leads to less absenteeism and more productivity and profitability.
Gallup chairman and CEO Jim Clifton in the report’s introduction. “If your company reflects the average in the U.S., just imagine what poor management and disengagement are costing your bottom line.”
An ADP study estimates the cost of a disengagement as $2,246 per disengaged employee per year. That an engaged employee is 57% more effective, and 87% less likely to leave. With the current skills shortages this improvement in retention is a significant benefit.
Learn how to cultivate and encourage higher employee engagement with a webcast by Thomas Otter VP Product Management of SuccessFactors Employee Central and Andy Hodges the Director of SAP Cloud Solutions at Gavdi Group, as they explore SuccessFactors Employee Central fosters higher engagement, with:
- Self-service features that streamline processes and improve productivity
- Social and mobile capabilities to keep people connected and involved
- Collaboration and time-off features that support workplace flexibility
If you are interested please use the following link to register: Register