Employee Engagement
- Engaged employees generate 43% more revenue (Hay Group)
- Public companies in the top quartile of employee engagement had earnings per share (EPS) growth 2.6 times higher than those below average (Gallup 2007)
- 67% of engaged employees advocate their organisations; only 3% of the disengaged do (Gallup)
- 59% of engaged employees say “work brings out their most creative ideas” – vs. 3% of disengaged employees (Gallup)
- Engaged employees take on average 2.7 sick days per year, whilst disengaged employees take 6.2 (Gallup)
- Engaged employees are 87% less likely to leave the organisation (Corporate Leadership Council)
The Benefits of Employee Engagement
Employee engagement happens when your people understand your aims, are proud to play their part in your vision, and are committed to doing their best work with you. Engaged employees are your best advocates, and usually want to stick around.
Employee engagement is a win–win situation. Employers get a more productive workforce who go that extra mile for the company and deliver better customer service. Employees get a job that they believe has real value, one which interests them and develops their talents, with fair recognition and reward.
Many organisations recognise the value of, and are practicing excellent employee engagement strategies. In fact, it is now a national priority, with the government launching The Employee Engagement Taskforce in March 2011 with a mission to boost UK productivity and competitiveness by promoting employee engagement and sharing best practice. Find out more from the Macleod Review here.
