$11 billion annually.
Wow. That is a big number. It’s how much is lost due to employee turnover, turnover frequently resulting from low engagement. Conversely, when people are emotionally committed to the company and its goals, the company will flourish.
We know that an engaged workforce results in better business outcomes, but only 55 percent of companies have an employee engagement strategy. And only 1 in 50 CEOs even have engagement on their radar in a meaningful way.
According to Decoding Employee Engagement, a report by ExecuNet contributing partner The Predictive Index, this lack of attention to engagement may be due to misconceptions about what employee engagement actually is.
It’s not how happy employees are or how satisfied they are with their role. Employee engagement is when employees have a deep emotional commitment to the company and its goals. When this is achieved, employees go beyond doing what will benefit them and instead focus on what is best for the company as a whole.
The report analyzes four environmental pressures of employee disengagement and how to avoid the extreme costs of getting engagement wrong. Fixing employee engagement may feel daunting and a “good idea for another day,” but not fixing it now will result in extremely negative business implications. The report will help you understand the importance of individual behavioral needs and the pressure to change that your people face every day.
Download the new eBook, Decoding Employee Engagement: 4 Work Environment Pressures That Make Your Employees Leave from The Predictive Index, to learn concrete steps for improving employee engagement at your organization.
No Replies to "Are My Employees Going to Leave?"