In organizations worldwide, 77% of the workforce remains disengaged, which poses a substantial threat to productivity, profitability, and overall success. With a highly engaged workforce, businesses can avoid obstacles such as decreased productivity, increased turnover rates, and the potential erosion of customer loyalty.
Employee engagement isn't merely a matter of personnel management; it is a business imperative that demands attention from company leadership. By the end of this article, you'll be equipped with actionable information to make a persuasive case for prioritizing employee engagement in your organization.
Are you ready to harness the power of these statistics to build a strong business case for employee engagement? Let's dive in and explore the fascinating world of employee engagement statistics that are shaping the future of successful organizations like yours.
Employee engagement in a nutshell
Employee engagement signifies the emotional dedication that employees invest in their organization and its objectives, reflecting a genuine concern for their work and the company, transcending mere financial motivations or aspirations for personal advancement to support the organization's mission actively.
To understand the profound impact of employee engagement, it is useful to look at some compelling statistics that highlight its significance in shaping the success of businesses.
18 employee engagement statistics you need to know about
Let’s explore some profound employee engagement statistics to gain insights into how they shape organizational success and drive profitability.
1. 53% agree that improved onboarding enhances employee engagement
Over 53% of HR professionals agree that an improved onboarding process is a significant factor in enhancing employee engagement, ensuring a positive start for new hires.
2. 33% cite heavy workloads as leading cause of workplace stress
The leading sources of workplace stress include heavy workloads and looming deadlines (33%), unrealistic manager expectations (22%), work-life balance challenges (22%), and coworker conflicts (15%).
3. The right technology greatly influences job satisfaction
Job satisfaction is significantly influenced by having the necessary technology to perform tasks and communicate efficiently.
4. Productivity increase by 8% when employees play to their strengths
When employees can use their strengths, skills, and abilities daily, employee engagement and productivity increase by 8% and the likelihood of them leaving their jobs reduces by 15 times.
5. Ability to take on new opportunities in their current role increases employee retention by 83%
Employees with opportunities to tackle new challenges are 83% more likely to stay with their organization.
6. Empowerment is important to 70% of employees
70% of employees value the empowerment to take action at work when faced with a problem or opportunity.
7. Having their voices heard makes employees feel 4.6 times more eager to do their best
Feeling heard at work makes employees 4.6 times more likely to feel empowered to perform their best work.
8. Flexible work options increase loyalty for 82% of employees
Flexible work options would increase loyalty for 82% of employees. An empathetic employer would encourage 93% of employees to stay. Improved motivation and morale can be achieved by managers expressing gratitude, as noted by 70% of employees.
9. 45% engagement increase can come from tax and deduction clarity
Employers giving their employees a better understanding of tax and deductions would enhance the engagement of 45% of employees.
10. 3/4 of companies have a strategy for employee engagement
78% of companies have a documented strategy for employee engagement, with almost 50% actively measuring their success.
11. 52% of professionals use surveys to manage & enhance employee engagement
Popular methods for actively managing and enhancing employee engagement include conducting employee engagement surveys (55%), establishing culture committees and organizing events (29%), and offering employee resource groups (20%).
12. Heavy manufacturing and financial services have the highest employee engagement
The industries with the highest employee engagement are heavy manufacturing and financial services, while the most disengaged employees can be found in hospitality, government, and light manufacturing.
13. 59% of employees are disengaged
Worldwide, 59% of employees are discreetly disengaging from their work. An additional 18% are 'loud quitting' and actively disengaged, which can have profoundly negative implications for an organization's reputation.
14. 73% of disengaged employees are looking for a new job
These engagement levels significantly influence employees' job-seeking behavior, with 37% of engaged employees, 56% of those who are not engaged, and a striking 73% of actively disengaged employees actively seeking new job opportunities.
15. Global employee disengagement costs $8.8 trillion a year
The cost of low engagement is $8.8 trillion on the global economy each year, amounting to a substantial 9% of the global GDP.
16. Engaged businesses are 21% more profitable
Highly engaged business teams yield 21% greater profitability than those with low employee engagement scores.
17. High employee engagement leads to 202% higher organizational performance
Organizations with high employee engagement outperform those with low engagement by 202%.
18. Engaged employees increase customer loyalty by 233%
Companies with engaged employees experience 233% greater customer loyalty and a 26% annual revenue increase.
The potential for unlocking engagement for a brighter tomorrow still needs to be tapped by most organizations
Are you ready to get started with building a business case for employee engagement? 