THE FACTS YOU NEED ABOUT ENGAGEMENT
• Managers Matter: They’re responsible for up to 70% of the variance in employee engagement.
• Burnout is Real: 72% of leaders report feeling burned out by the end of the day.
• Engagement Pays Off: Highly engaged employees lead to 23% higher profitability, 41% less absenteeism, and 18% less turnover.
• Disengagement Spreads: Only 15% of employees are engaged at work, while 67% are not engaged and 18% are actively disengaged.
• Location Matters: 75% of workers report higher productivity at home.
• Purpose is key: Employees who find passion and purpose in their work are 3x more likely to stay.
• Culture Counts: 77% of employees agree a strong culture allows them to do their best work.
HOW TO IMPROVE EMPLOYEE ENGAGEMENT
• Use a proven method: The Four Engagement Elevators (Shared Mission, People Development, Valued Voice, Earned Trust) can help you “Up” your culture.
• Assess your culture: Use tools like culture and engagement surveys to identify pain points.
• Manage conflict effectively: Establish a conflict management strategy.
• Listen actively: Go beyond just hearing to understand your employees’ perspectives.
• Earned Trust: Connect information to purpose and vision.
• Preventing Burnout: Be flexible with work schedules.
• Health and Well-Being: Focus on mental health and stress-free environments.
• Core Values: Live your values, don’t just display them.
Building a strong company culture takes time and effort, but the rewards are enormous.
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Main source: Talent Magazine 2024. The Facts you Need about Engagement.
