Statistics related to employee engagement and retention

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Are you looking for useful insight and statistics relating to the importance of employee engagement and staff retention?

We hope you find these pointers of interest. One of the CreateLMS platform fundamental design elements was to help you increase employee engagement, motivation and therefore retention.

Engagement of employees is critical to business success. Just watch a determined employee who hates your company, gently cause mayhem amongst co-workers and clients.

We all only have one life, every day counts. This is why we have a zero policy on poor engagement. If we fail to engage you in your role, we do not deserve to keep you and you must help us fix the problem or move on.

This is so problematic that one of my friends now invites employees to leave after their 1st month by offering 2 months salary to leave then and there.  The take up is an astonishing 3 out of 4.
But those that stay are incredible. She feels the gene pool in her business is getting a super-boost.   

Employee engagement starts at the top with well defined vision and values that are communicated quickly, frequently and widely to everyone.  After this flows best practices and processes. Let your rock-stars join the L&D team and become teachers. The impact is infectious and outstanding. Here’s 11 reasons to do this.

  1. In 2015, ONLY 32% of U.S. workers were engaged. (Gallup daily tracking, January 2016)
  2. Fewer than half (49%) of employees would recommend their employer to a friend. (Glassdoor Data Labs, December 2015)
  3. Companies with employee engagement programs achieve 26% greater year-over-year increase in annual company revenue, compared those who do not have formal programs. (Aberdeen, October 2015)
  4. 87% of organizations cite culture and engagement as one of their top challenges, and 50% call the problem “very important.” (Global Human Capital Trends 2015, Deloitte, February 2015)
  5. “Mission-driven” companies have 30% higher levels of innovation and 40% higher levels of retention, and they tend to be first or second in their market segment. (Becoming Irresistible, Deloitte, February 2015)
  6. Two-thirds (66%) of HR respondents report they are updating their engagement and retention strategies. (Global Human Capital Trends 2015, Deloitte, February 2015)
  7. While 90% of executives understand the importance of employee engagement, fewer than 50% understand how to address this issue. (Conference Board, cited by Deloitte University Press, January 2015)
  8. 62% agree their perception of a company improves after seeing an employer respond to a review. (Glassdoor U.S. Site Survey, January 2016; *Updated from 69%, Glassdoor survey, October 2014)
  9. 72% of employees with socially encouraging employers are significantly more likely to help boost sales, compared to only 48% of employees whose employers aren’t socially encouraging. (Weber Shandwick research study, April 2014)
  10. 70% of employees who lack confidence in the abilities of senior leadership aren’t fully engaged. (Dale Carnegie)
  11. Increasing employee engagement investments by 10% can increase profits by $2,400 per employee, per year. (Workplace Research Foundation)

If you are suffering poor engagement please get in touch. We have many ideas that might help and can show you how it all works.

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