Need convincing that Engagement matters?
I’m ever amazed that some Executives still struggle to see a clear business case for employee engagement. Beyond the obvious lack of productivity, which occurs when someone is disengaged, there is so much more to why engagement matters.
That’s not to say lack of productivity doesn’t matter as organisations with a high level of engagement report 21% higher productivity, according to an analysis of 1.4 million employees conducted by Gallup.
Here’s some other reasons why engagement matters.
Employee engagement affects nine performance outcomes. Compared with bottom-quartile units, top-quartile units have:
- 37% lower absenteeism
- 25% lower turnover (in high turnover organisations)
- 65% lower turnover (in low turnover organisations)
- 28% less shrinkage
- 48% fewer safety incidents
- 41% fewer patient safety incidents
- 41% fewer quality incidents (defects)
- 10% higher customer metrics
- 21% higher productivity
- 22% higher profitability
If that hasn’t ‘slam dunked’ the business case for engagement nothing will!
So that leaves one very important question. How can you find out, real-time not just once a year, how engaged your employees are?
This is where Inpulse can help. It’s a real-time tool that allows you to find out at the right time, how engaged everyone is, or not, and why!
Whether it’s after your town hall, when the annual results are announced or for a general monthly health check, Inpulse lets you know how engaged your employees are and why.
Once you have this real-time information you can take action on any disengagement and stop it before it spreads. Simple really.