Around 68% of employees say they are disengaged in the workplace.
If you’re concerned about employee engagement in your company, then this could be an alarming truth.
Struggling to keep your employees engaged and motivated? Then you might need a helping hand.
In this article, you’ll discover some interesting employee motivation and engagement facts to inspire you to engage your employees.
Let’s engage with the truth together!
1. Employee Engagement Matters
Are you not sure how much employee engagement really matters?
The facts show that employee engagement is absolutely crucial to running a successful company.
In fact, there is a strong correlation between businesses with high levels of employee engagement and a growing profit.
The top 25% best-performing businesses for engagement of workers averaged 22% higher profits compared with the bottom 25% of businesses.
2. Lack of Sleep
Are your employees getting enough sleep?
You can’t expect your employees to be productive and engaged if they’re exhausted all the time due to lack of sleep.
If you want a healthy workforce, you need to encourage your employees to get enough sleep. For example, encourage your employees to maintain a healthy work-life balance.
3. Millennial Engagement
Millennials are already 35% of the U.S. workforce. This number is only going to continue to grow over the next decade.
So, making sure your millennial employees are engaged at work is crucial to your company’s success. Therefore, it is alarming that under 30% of millennials are engaged at work.
This is significantly lower than any other demographic. Nearly 50% of Millennials claim that they’re willing to switch jobs if this doesn’t change.
4. Feedback Helps
Do you regularly arrange feedback meetings with your employees?
Employees who report being “highly engaged” in the workplace experience frequent performance reviews.
Around 43% of highly engaged employees receive feedback a minimum of once per week.
Compare this to employees who have low engagement, of which only 18% receive regular feedback.
5. Retaining Your Employees
Nearly 90% of employers say that retainment of the top-performing employees is a “critical priority” for their company.
It’s difficult to grow and improve your company if your talented and hard-working employees are constantly leaving their posts. Plus, if you’re investing in your workforce properly, retainment is hugely important.
If you want to retain your employees, it’s important to be aware of the importance of engagement.
Employees who are highly engaged are 87% less likely to leave the company compared with their disengaged colleagues.
6. Recruitment of New People
Perhaps you’re more concerned with the recruitment of new people, rather than retaining your current workforce.
If you want to attract new people to your company, you need to demonstrate that employee engagement is an important part of your company culture.
Nearly 50% of employees said they would be willing to leave their current employer for another company which valued employee efforts and contributions.
7. Employer to Employee Relationship
How is the relationship between you and your employees?
You may be surprised to hear how important this particular relationship is to the majority of U.S. employees.
In fact, around 84% of employees say that this relationship is the most important factor when determining whether to stay with the company or not.
So, if you suspect your employees hate you, you need to act quickly to recover the relationship. Otherwise, you may find that you have an exodus on your hands.
8. Boost Your Creativity
What is the most important skill for your business?
The World Economic Forum says that creativity will be the 3rd most important work skill by the year 2020.
The only workplace skills which are considered more important are problem-solving and critical thinking.
Guess how you can boost creativity in your company?
Nearly 60% of highly engaged employees say that work encourages creativity. By contrast, only 3% of employees with low engagement say that they feel creative at work.
9. Attendance by Employees
How can your company perform at the highest level if people don’t show up for work on time?
But, how can you motivate employees to attend work?
By ensuring your employees are engaged at work, you can improve your attendance records.
We know that highly engaged employees take an average of 7 days absence compared with the 14 days per year of employees who have low engagement.
Furthermore, by improving the general well-being of your employees, you also reduce the need for your employees to be absent from work.
10. Working Hours
You probably assume that the average working week is 40-hours. But actually, the average working week is 47-hours for most U.S. employees.
And yet, we already know that working long hours reduces our productivity. Indeed, the 40-hour week results in an exhausted and overwhelmed workforce.
You need to consider how many hours per week your employees work.
After all, many of your employees may want to work fewer hours per week. Maybe, your employees are satisfied with the number of hours they work, but they want to be more flexible.
How to Achieve Employee Motivation?
It’s easy to pretend that every employee is happy and engaged in the workplace
And yet, you can never know for certain unless you consider the employee engagement facts.
By considering our employee motivation insights, you may be able to improve your strategy of improving engagement in your company.
If you want to discover more articles like this, you can check our blog for more business advice and tips!