Tag: #inspiredworkplace

How much does employee disengagement cost you and your organization?

Post author By mgauthier
Post date March 23, 2021

How much does employee disengagement cost you and your organization?

The Management Journal’s semi-annual Employee Engagement Index reports that 60% of employees are not engaged, and 15% are actively disengaged at work and only 25% are actively engaged.

According to Forbes, the costs of a disengaged employee is equivalent to 34% of their annual salary, or $3,400 for every $10,000 of income.

If we applied this to the average Canadian salary of $55,800 a year, the costs of a single disengaged employee to the business is going to be $18,972 annually.

Let’s apply this to an entire organization.

Let’s say you lead an organization of 100 people.
If we use the Employee Engagement Index which states only 25% of employees are actively engaged, then 75 employees are disengaged at your organization.
If we use the average salary of those employees as $55,800 then this employee disengagement is costing your organization annually: $1,422,900 ($18,972 X 75 people.)

Are you surprised by the magnitude of this cost? What is the actual cost to your organization? Are you OK with the return on this investment?

This example demonstrates that there are concrete costs due to employee disengagement. What actions are you going to take to re-engage with your employees?

While there is no quick fix, there are simple leadership practices that can produce immediate improvements in engagement.

Our Engage and Mobilize Employees Program focuses on simple but powerful behaviours that will have maximum impact on a leader’s ability to engage his or her employees.

For more information and to register: Engage and Mobilize Employees Program.

Your organization may be eligible for funding through the Re-Open Saskatchewan Training Subsidy. Employers receive 100% reimbursement for approved training up to $10,000. The deadline to apply for the Training Subsidy is March 31, 2021.

Tags #crossingpointcoaching, #employeeengagement, #employeeengagementindex, #employeeperformance, #engageandmobilizeprogram, #engagedemployees, #healthyworkplace, #inspiredworkplace, #leadershipcoaching, #positiveworkenvironment, #redworkscoaching

Redworks Blog (all posts)

Lack of employee engagement is a billion dollar problem

Post author By mgauthier
Post date March 22, 2021

The lack of employee engagement is a billion dollar problem.

According to Canada Human Resources Centre, unhappy workers cost the North American business economy over $350 billion per year in lost productivity.

Employee engagement impacts employee morale, productivity, innovation and problem solving and customer service. Any one of these can impact the business bottom line.

Is your organization struggling with effectively engaging employees? Could employee engagement be better? If yes, how will you improve employee engagement?

While there is no quick fix, there are simple leadership practices that can produce immediate improvements in engagement.

Our Engage and Mobilize Employees Program focuses on simple but powerful behaviours that will have maximum impact on a leader’s ability to engage their employees.

For more information and to register: Engage and Mobilize Employees Program

Tags #crossingpointcoaching, #employeeengagement, #employeeperformance, #engagedemployees, #healthyworkplace, #inspiredworkplace, #leadershipcoaching, #positiveworkenvironment, #redworkscoaching

Redworks Blog (all posts)

The lack of employee engagement is a billion dollar problem

Post author By mgauthier
Post date March 5, 2021

We are happy to recognize that today, March 5, is National Employee Appreciation Day.

We hope that you have been able to take action on some of the employee engagement ideas we have offered this past week.

Employee engagement impacts employee morale, productivity, innovation and problem solving and customer service. Any one of these can impact the business bottom line.

In fact, the lack of employee engagement is a billion dollar problem.

The Management Journal’s semi-annual Employee Engagement Index reports that 60% of employees are not engaged, and 15% are actively disengaged at work and only 25% are actively engaged.

The impact of employee engagement or rather disengagement is hitting businesses’ bottom line hard.

According to Canada Human Resources Centre, unhappy workers cost the North American business economy over $350 billion per year in lost productivity.

A study conducted by Queen’s School of Business and Gallup, found that disengaged workers logged 37% higher absenteeism, 18% lower productivity, 5% lower profitability, 49% more accidents and 60% more errors and defects than engaged employees.

So how much is this disengagement costing you and your organization? According to Forbes, the costs of a disengaged employee is equivalent to 34% of their annual salary, or $3,400 for every $10,000 of income.

If we applied this to the average Canadian salary of $55,800 a year, the costs of a single disengaged employee to the business is going to be $18,972 annually.

While there is no quick fix, there are simple leadership practices that can produce immediate improvements in engagement.

We are offering a program that focuses on simple but powerful behaviours that will have maximum impact on your leaders’ ability to engage. For more information on our new Employee and Mobilize Engagement Program https://lnkd.in/gQdvVH4

In the meantime, take this free Employee Engagement Self-Assessment for Instant Insights:

Employee Engagement Self-Assessment
for Instant Insights

Tags #crossingpointcoaching, #employeeengagement, #employeeperformance, #employeerecognition, #engagedemployees, #healthyworkplace, #inspiredworkplace, #leadershipcoaching, #positiveworkenvironment, #redworkscoaching

Redworks Blog (all posts)

Support staff to thrive in their zone of genius

Post author By mgauthier
Post date March 3, 2021

“It goes without saying that no company, small or large, can win over the long run without energized employees who believe in the mission and understand how to achieve it.” – Jack Welch, former CEO of GE

Do you help your employees understand how important their work is to the business success?

If not, you may be missing out on your employees’ best efforts. It is energizing to know when your natural abilities contribute to achieving a mission. This brings purpose to the work. Using natural abilities is the ‘zone of genius’ where employees excel!

Take Action – To help your employees thrive in their zone of genius, share how their talents and work contribute to the organization’s purpose and mission.

Check back for more tips to take action as we build towards National Employee Appreciation Day, Friday, March 5th

Increase your skills to more effectively engage your employees. For more information on our new Employee and Mobilize Engagement Program

Tags #companymission, #companypurpose, #crossingpointcoaching, #employeeengagement, #employeeperformance, #employeerecognition, #engagedemployees, #healthyworkplace, #inspiredworkplace, #leadershipcoaching, #positiveworkenvironment, #redworkscoaching, #zoneofgenius, employeeappreciation

Redworks Blog (all posts)

Regularly recognize your employees’ performance

Post author By mgauthier
Post date March 2, 2021

According to the Cicero Group, research shows that employees receiving strong performance recognition are much more likely to be highly engaged at their job. They are also more likely to perform at their maximum output and develop innovative ways to improve their company.

Do you make it a practice to regularly recognize your employees’ performance?

If not, you may be missing out on supporting your employees to use their strengths towards their best performance.

Take Action – Take the time to personally get to know your employees so you know how they prefer to be acknowledged. Then acknowledge your employees often!

Check back here for another employee engagement tip to take action as we build towards the big day: National Employee Appreciation Day on Friday, March 5th.

Increase your skills to more effectively engage your employees.
For more information on our new Employee and Mobilize Engagement Program