By David MacLeod
Engaged employees are 87 per cent less likely to leave the organisation than the disengaged. The cost of high turnover among disengaged employees is significant; some estimates put the cost of replacing each employee at equal to annual salary.
The Corporate Leadership Council report that highly engaged organisations have the potential to reduce staff turnover by 87 per cent and improve performance by 20 per cent.
(These extracts are from the recently published government commissioned report by David MacLeod entitled ‘Engaging For Success: Enhancing Performance Through Employee Engagement’.)