You can’t afford employees that are not engaged. They are less efficient; simply going through the motions rather than working to their full potential. They also have higher absenteeism and turnover rates. This all comes with a steep price tag. In the U.S. lost productivity costs organizations as much as $300 billion annually. A significant portion of payroll also becomes pure cost – with no return on investment – since disengaged employees give less while still receiving 100% of their salary. What about finding a replacement for an employee who chooses to leave? It can cost upwards of twice the departee’s salary.All of which directly impacts business outcomes.
Employee participation and performance leads to profits, as demonstrated by companies with high levels of engagement.
This free whitepaper, provided by TemboSocial, explains how employee participation and performance leads to profits, as demonstrated by companies with high levels of engagement. What follows is a road map to help your organization join their ranks. It’s based on the work we do everyday to build engagement within leading companies. It’s not about annual surveys, reward catalogues, or initiatives that circle engagement but don’t deliver. It’s about results.
Employee Engagement: A Roadmap to Participation, Performance & Profits
HR Exchange Network Editor | 08/22/2012