10 Things You Need to Know About Employee Engagement | InspireHUB

When employees are highly engaged morale goes up, productivity goes up and so do your profits.

While more companies are leading with empathy and wellness, employee engagement is often misunderstood and sometimes harder to translate into real ROI.

 

Here's what you need to know ...

      1. 70% of employed Americans are disengaged. (Gallup)

         

      2. $11 Billion is lost annually due to employee turnover. (Bureau of National Affairs) Highly engaged employees are 87% less likely to leave their companies than their less engaged counterparts. (Corporate Leadership Council)

         

      3. Improving engagement can pay dividends: a 5 point increase is linked to a 3% increase in revenue. (Aon 2018 Employee Engagement Trends) Companies with engaged employees pull in 2.5x more revenues compared to competitors with low engagement levels. (Hay Group)

         

      4. Only 40% of the workforce reports knowing their company’s goals, strategies, and tactics. (Bain)

         

      5. 91% of Millennials (born between 1977-1997) expect to stay in a job for less than 3 years, having 15 - 20 jobs over the course of their working lives. (Future Workplace “Multiple Generations @ Work” survey)

         

      6. 88% of workers consider "positive culture" important or essential to their dream job, and 86% said the same for work they found "interesting." 58% would take a 15% pay cut in order to work for an organization "with values like my own." (Net Impact survey)

         

      7. While 89% of bosses believe employees quit because they want more money, (Leigh Branham, author of The 7 Hidden Reasons Employees Leave) only 12% of them actually do. (Gallup | State of the American Workplace) 75% of employees who voluntarily leave jobs quit their bosses, not their jobs. (Roger Herman)

         

      8. 90% of leaders think an engagement strategy will impact business success but only 25% have a platform or a strategy to influence their employees.  (Bain)

         

      9. Despite 78% of companies believing in the importance of digital and transformational leadership, only 5% have strong digital leadership development programs currently in place. (Deloitte Human Capital Trends)

         

      10. Use of digital communications tools continues to evolve with phone conversations and face do meetings on the downturn (decreasing 30% and 44%, respectively) but instant messaging, work-based social media, and collaboration platforms are on the upswing (increasing at rates of 62%, 69%, and 70%, respectively). (Deloitte Human Capital Trends)

 

Let us help you take control of your internal communications!

Let us show you just how much we can help you save in time and money while increasing your employee engagement. Our proprietary ROI calculator will help you understand the impact to your organization. Just tap us on the shoulder and ask us to take it for a spin  <http://info.inspirehub.com/email-reinvented> so you can see exactly what these statistics actually mean in hard dollars in your OWN company.  

Download Your ROI Calculator!

 

 

Topics: employee engagement, employee happiness index, employee satisfaction, internal communications, tips, ROI, management, productivity, insights, team building, relationship building, Leadership, empathy, connection, HR, stats, trends, workplace culture, Internal Communications App, Employee Engagement Apps

Subscribe to Our Blog