What are the costs of not actively engaging your employees?

What are the costs of not actively engaging your employees?

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.)

This example demonstrates that there are concrete costs due to employee disengagement.

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?

The Great Engagement is an urgent call to action for businesses to retain and  attract great employees. It’s your choice: you will either have the cost of disengagement or invest in engaging your employees.

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

To develop your strategies our Great Engagement: Engage and Mobilize Employees Training 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:  https://lnkd.in/gQdvVH4

Your organization may be eligible for funding through the Canada Job Grant program. Employers may be eligible to receive two-thirds of the training cost.

 

Are you having more goodbye than welcome parties?

 

Are you having more goodbye than welcome parties?

Statistics suggest 40% of employees will leave their current job in the next 3-6 months.

We invite you to take our free Employee Engagement Self-Assessment for Instant Insights https://lnkd.in/gQdvVH4

I recently took the Engage and Mobilize Employees course and would highly recommend…

“I recently took the Engage and Mobilize Employees course and would highly recommend. The facilitators were professional, well organized and knowledgeable. The materials were great and I am now incorporating all my learning into our organization. Thank you.” — Rachel Sutherland, Program Manager, Children’s and Family Literacy, READ Saskatoon.

Redworks Highlight Reel:
+12 leaders
+12 Engagement Action Plans
+ hundreds of ideas generated to grow employee engagement
+12 calendars scheduling employee engagement activities
= Impact: razor-sharp focused people managers

Engage and Mobilize Employees Program: https://lnkd.in/gQdvVH4

Catch someone doing something well and praise them

“Appreciate everything your associates do for the business. Nothing else can quite substitute for a few well-chosen, well-timed, sincere words of praise. They’re absolutely free and worth a fortune.” – Sam Walton

Do you praise your employees easily, sincerely and often?

If not, you may be losing out on an opportunity to trigger a dopamine release which can then boost innovative thinking and creative problem-solving.

Take Action – Catch someone doing something well and praise them promptly.

Increase your skills to more effectively engage your employees. For more information on our new Employee and Mobilize Engagement Program: https://redworkscoaching.com/services/professional-development-training/leadership/engage-and-mobilize-employees/

Your organization may be eligible for funding through the Canada-Saskatchewan Job Grant. Employers may be eligible to receive two-thirds of the training cost.

Please note: Due to high program demand, Canada-Saskatchewan Job Grant applications are being prioritized and processed approximately two weeks prior to the start date of training. Applications submitted less than 10 business days prior to the start date of training may not be approved.

 

Expanded Engage and Mobilize Program

We’re excited to offer an expanded Engage and Mobilize Employees Program.

We’ve added two extra modules equipping leaders to engage employees through change and manage unproductive conflict.

We’ve also added two Individual Skill Building Learning sessions plus three group sessions including Action Implementation; Employee and Engagement Hackathon; and Building Long-term Success.

Check out the new Engage and Mobilize Employees Program at
https://lnkd.in/gQdvVH4

Your organization may be eligible for funding through the Canada-Saskatchewan Job Grant. Employers may be eligible to receive two-thirds of the training cost. Employers can make multiple grant applications to a maximum of $100,000 per fiscal year, and up to $10,000 per individual trainee.