Why Should You Care About Employee Engagement?
An e-Book by MicroEdge
Why Should You Care About Employee Engagement?
In truth, the answer is quite simple: engaged employees are more loyal, work harder, and stay longer. It would stand to reason that companies with higher levels of employee engagement perform better. Data taken from the 2012 Global Workforce Study conducted by Towers Watson supports this theory. By comparing employee engagement levels in 50 companies around the world, it found that companies with high levels of employee engagement reported a same-year operating margin nearly three times higher than companies with low levels of engagement. Furthermore, a recent study by Dale Carnegie Training found that US businesses lose $11 billion annually due to employee turnover —that alone is strong motivation to ensure your employees are engaged.
What's more is that there are a myriad factors that determine levels of employee engagement. A 2012 study by Aon Hewitt revealed six major categories—along with 22 organizational antecedents—of employee engagement drivers. These are all factors that can potentially increase (or decrease) an individual’s engagement within a company, but the key is determining a way to leverage these drivers to increase engagement—and one of the very best ways, evidence shows, is through employee volunteer programs.
Check out the full eBook here to learn what these driving forces are and how you can enjoy these benefits at your company!
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