Monday, October 6, 2014

Why Employee Engagement Is Critical to Corporate Success

Why engagement matters

As the stats add up, the picture of how disengagement threatens companies continues to sharpen.

·         Only 30% of employees in a recent Gallup poll said they felt engaged by the work they do.

·         Less than half (49%) of the employees surveyed by ADP said they felt their company's executives created an environment that drove high performance.

·         When disengagement leads to employees leaving a company, the cost of training new replacements can represent 48% – 61% of the position's salary, according to the ADP study.

Given those statistics — and the stakes that come with them — it's clear that workplace engagement is key for any corporation looking to stop loss and foster progress.

For some, getting to that goal means revisiting the way workers are empowered and encouraged. With that in mind, let's look at four key strategies for putting engaged employees back at the center of the corporate mission.



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