Three Tricks To Improve Workplace Engagement And Your Company's Bottom Line.
Updated: Mar 4, 2022
Forbes Magazine recently published an article from Fleet, entitled, Three Tricks To Improve Workplace Engagement And Your Company's Bottom Line.
Recent data confirms a trend that managers have been talking about for a while: Employee engagement remains at crisis-level lows. Although executives across all industries assert that increasing employee engagement is a top strategy for business productivity, a 2016 study by Gallup News found that fewer than one-third of U.S. employees are engaged in their jobs and workplaces.
Engagement reduces turnover rates, improves customer loyalty and enhances the performance of an organization. These are ideal outcomes for any workplace, yet we are seeing a consistent struggle to drive and reap the benefits of employee engagement.
What's more, millennials now make up 38% of the United States workforce, and estimates show that this number will grow to 75% by 2025, but only 29% are engaged in their jobs. So what does this mean for the future productivity of the U.S. workforce?
There are many disengagement drivers for employees and management is not without responsibility for the change. Many of the causes described in ERC's blog, like employees not enjoying work, not feeling valued or empowered and not believing management cares about them, can be rectified by managers and supervisors.
If you experience these symptoms in your workplace, there are three important interventions I recommend to help.