Employee Engagement Benefits
According to Gallup
, simply measuring satisfaction is not enough. Approaching employee engagement as a business strategy yields more organic results. Highly-engaged organizations share common practices and experience the following benefits
1. Reduction in Absenteeism
Every organization is different, but absence in the workplace is a common problem because it not only affects individuals, but it’s also seen as a management problem. Engaged employees are proven to work harder and are highly engaged in business units, achieving a 41% reduction in absenteeism.
One of the main characteristics of the engaged employee is their positive behavior towards the organization, as often they share common values. This attitude makes people work harder and proactively to reach their goals, which leads to a 17% increase in productivity.
3. Better Employee Safety
Employees who are willing to show up and are consistently engaged in the work environment have a greater commitment to quality and safety. In addition, working in a stable and dependable workplace, engaged employees are proven to be more proactive, which results in 70% fewer safety incidents.
Just like a chain reaction, less absenteeism and higher productivity leads to motivated employees who are likely to stay in the organization longer. Depending on the overall turnover rate of an organization, business units with high employee engagement can achieve up to 59% less turnover.
Combining all the above, we can reach a tipping point that brings the organization closer to its customers. Engaged employees help organic growth by improving customer relationships, resulting in a 10% increase in customer ratings. This allows the organization to observe a 20% increase in sales and a 21% increase in profitability.
If you are still wondering about the benefits of employee engagement for your organization, we have prepared a short infographic that sums up everything you need to know:
To move towards a better and more engaged workforce, organizations need to focus on the human development of individuals and teams. Employee engagement is a core concern in their value-defining strategy that is worth the investment.