People Management: Everything you need to know about managing and leading people at work by Halvorson Chad

Author:Halvorson, Chad [Halvorson, Chad]
Language: eng
Format: epub
Tags: Business & Personal Finance
Published: 2016-01-03T18:30:00+00:00

Why Does Employee Engagement Matter?

You didn’t hire your employees because they’re great at ping pong. You hired them because they have skills you need to be successful.

But skills are one part of the puzzle. Disengaged employees are expensive– in 2012,Gallup found that low employee engagement could cost the U.S. economy about $370 million every year.

Not only are disengaged employees costing you money, but their counterparts result in higher profits, safer work environments, and increased productivity. Gallup’s study found that engaged employees have 37 percent lower absenteeism, 48 percent fewer safety incidents, 21 percent higher productivity, and 22 percent higher profitability.

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