“Employees most committed to their organizations put in 57% more effort and are
87% less likely to resign than employees who consider themselves disengaged.”
The Corporate Executive Board
Some points to ponder on those stats:
57% more effort
– According to Gallup, 70% of the workforce is some level of disengaged.
– Your office is better though, right? Let’s say only 50% disengaged.
– What’s your revenue per employee?
– With increased engagement, the effect could be similar to half your workforce boosting their capacity by 57%.
87% less likely to resign
– The costs of turnover range widely depending on what criteria are included, but a conservative estimate is that it costs 1.5x a person’s salary to replace them.
– So, one person at a $60,000 salary who stays committed and with the company is the equivalent of saving $90,000.
Not a bad boost in return on assets you’re already paying for, just from getting people connected and on mission. Are you taking engagement seriously?