Studies show a clear correlation between employee engagement and performance. How would you rate the employee engagement in your organisation? Affecting everything from customer ratings and quality standards to safety incidents and turnover (regardless of industry), poor employee engagement can ultimately have a big impact on your business.
This infographic by Bonusly provides some key statistics about employee engagement.
High Employee Engagement
- High levels of employee engagement can increase operating income by 19%.
- 59% of engaged employees say that their job brings out their most creative ideas.
Organisations such as Google, Toyota and Standard Chartered are often quoted as companies that invest heavily in their employees. A two-way adult relationship between leaders, managers and employees lies at the foundation of how these operations function. However, it’s more of a mindset than a checklist; the companies with the highest engagement considers their employees as resources they can invest in – not exploit. They want to provide their employees with opportunities, and create an attractive work environment. John Lewis does it by offering shares in the company to their employees through the John Lewis Partnership. Toyota Chairman Alan Jones is quoted saying “..Your job as a manager is to make your people be the best they can be – and usually they don’t know just how good they could be. It’s individuals that make the difference.”
Low Employee Engagement
- Leads to 31-51% higher employee turnover.
- Doubles the likelihood for inventory shrinkage (theft).
Find the infographic below for more statistics about employee engagement.
RELEVANT: 10 SHOCKING facts about employee engagement