Collective Engagement
Employee Engagement is the physical, emotional, and intellectual commitment that employees have towards their work and their employer, fueled by a sense of purpose, belonging, and growth. Purpose: The feeling of being connected to something bigger than yourself in a way that benefits others Belonging: To be a part of a supportive community and team Growth: Opportunities to learn, reach, and grow Gallup has been reporting for years, with little variation, that only a third of U.S. workers (~20% Globally) are engaged in the workplace. This leaves two thirds disengaged, of which ~18% are actively disengaged meaning they are feeling miserable at work and spreading that negativity to colleagues. Employee Engagement is tied to 11 Key Business Indicators with the cost of disengagement at around 34% of an employee's salary. There is a clear difference between organizations that score high in engagement compared to those who score low - and some of the results are staggering. Increase * 18% Productivity / Sales (14% Production Records)* 10% Customer Loyalty / Engagement * 23% Profitability * 66% Wellbeing / Net Thriving Employees * 13% Organizational Citizenship / Participation Decrease * 81% Absenteeism * 64% Safety Incidents / Accidents * 58% Patient Safety Incidents / Mortality and Falls * 43% Turnover (18% in organizations with higher than 40% annualized turnover)* 28% Shrinkage / Theft * 41% Quality / Defects What's the moral of the story? Simple. Creating an environment where your team members can be happy and fulfilled IS good business! Leaders are concerned about productivity, profitability, and turnover and employees are looking for purpose, belonging, and growth at work – Collective Engagement has created a solution for everyone. Reach out today to start the conversation!
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