02 Sep Employee Engagement Statistics
Employee engagement is very important in almost every organization. To maintain a productive and efficient workforce, your employees have to be engaged in a positive way. An unengaged talent pool will, in the long run, incur hefty costs to the company and become a liability instead of an asset. Here is a list of interesting statistics that will paint a clearer picture of today’s employee engagement strategy landscape:
- Most employees are not engaged today – An engagement survey conducted in 2014 indicated that more than 60% of employees do not feel engaged at the workplace.
- Disengaged employees are expensive – Disengaged employees are estimated to be cost US companies more than $500 BILLION annually.
- Disengaged employees usually leave a company – In 2015 survey, 27% of employees said they would like to quit their jobs and 70% of the employees who felt disengaged intend to do that.
- Most companies lack strategy – More than 90% of managers/CEOs believe that engagement strategy is important but less than 30% actually have one.
- Employees leave for reasons other than money – 80% of managers believe that money is the main reason why employees leave but only 27% of employees think so. Most employees cited disengagement and disenchantment as the main reasons.
Employee Engagement Should Not Be Complicated…
Engaging employees should not be a difficult and tedious affair. A great way to achieve employee engagement is by setting up a proper strategy and automating the process with human resource management software. HR software is able to boost transparency between employer and employee, thus allowing for better communication within the workplace.
HRsoft – The Stay Interview Software Leader
HRsoft is a leading provider of stay interview and employee retention software for mid to large sized companies in North America. To learn more about our Stay Interview System, STAYview™ click the button below!