In 1951, Elliot Jacques authored ‘The Changing Culture of a Factory’ where he studied the social developments of a British metal bearings company. In his book, Jacques introduced what we now know as the modern-day company culture. He studied human behavior and how it is impacted in organizational settings; a concept that many management consultants …
According to Gallup, companies with engaged workforces outperform others by as much as 202%. It is statistics like these that have HR teams scrambling for the next best thing to improve engagement scores. The belief is that engaged teams cause sales to skyrocket, productivity to peak, sick days to cease and the work-life dynamic to …
Getting Employee Engagement Right or Wrong: The Pros & Cons Read More »
Companies that have high levels of employee engagement attract twice as much revenue as their low engagement competitors according to a Hay Group study. Gallup, a management consulting company, suggests that high engagement workforces outperform their contemporaries by 202% on average, and to achieve these benefits US employers are spending upwards of $720 million a …
What is employee engagement and why does everyone keep talking about it? Read More »
Team leadership and HR management, we have a problem! Employee engagement scores continue to dwindle, feedback loops have ground to a halt. Nevertheless, feedback, while critical to performance, remains tricky. Too much and you risk the distrust and disenfranchisement resultant from micromanagement, too little and employees feel a lack of care for themselves and detachment …
It can cost a company between 20 and 33% of a job salary to replace an employee who quits. The ripple effect of losing team members can damage productivity, momentum and morale. Why then do we overlook the number one reason people leave their roles? Boredom! Of the 5,000 people surveyed who left jobs in …
Microsoft, a $1 trillion market cap, approximately 163,000 employees and ever evolving business model. It all sounds like a unicorn success story. However, in 2019 VP of computing devices, Brett Ostrum, noticed they had a growing problem – employee morale. Ostrum and HR struggled to diagnose the issues until eventually, with the right survey designs, …
Over 85% of employees report feeling a sense of disengagement from their current employment. This is costing North American economies a staggering $550 billion in lost productivity annually. The importance of ongoing peer feedback and allowing employees to feel heard has very real fiscal impacts. We have come a long way in employment relations and …
Companies with high levels of employee engagement are 21% more profitable but unfortunately those are in the minority. Over 80% of employees report feeling disengaged from their work which dramatically reduces productivity and revenue. Giving a voice to your team through employee surveys helps to foster engagement through psychological safety, trust, respect and fulfillment. Employees …
Does employee engagement really equal company performance? Let’s take a look. Gallup is considered the leading authority in business analytics so when they say employee engagement boosts profitability by 21%, it is worth taking note. However, despite the swell of attention and research contributing to the broad stroke statement, unmanaged and unanimous engagement do not …
What comes first, employee engagement or company performance? Read More »
