Research and statistics
- Companies with an engagement score of 60% or higher have an average 5 year shareholder return of more than 20%, while companies with engagement scores of less than 40% usually have a negative return of 10% to shareholders.
- Employee engagement is the number one factor identified by CEO's in achieving success in the future with 90% of organisations dealing with this employee issue at board level (Human Resource Magazine)
- The right employee engagement strategies can boost organisational performance by 44% (The International Society for Performance Improvement)
- Australia has some of the lowest engagement levels in the world with fewer than 20% of employees engaged, 60% not engaged and 20% disengaged, according to the Gallop Organisation.
- Analysts suggests turnover costs companies between one and two times an employee’s salary in lost productivity. This means that for a company with 1000 employees and a 20% turnover the cost could be over $13,000,000 annually in lost productivity.
- AHRI found that 70% of office workers believe that the most important consideration when choosing a new job is the company's culture.
- The Gallop Organisation found that after six months in a new job engagement drops by an average of 62%.
- The majority of managers (89%) believe that employees leave for more money, whereas 88% of employees actually leave for reasons other than money (Saratoga Institute Research).
- According to Relationships Australia, 80% of people are finding it increasingly difficult to get work life balance.
- Around 97% of employees say they experience financial stress, yet only around 3% take responsibility of matters.
- Less than 30% of companies measure the cost of staff turnover. (Source: Mercer Cullen Egan Dell)
- Less than 33% of organisations reported holding managers accountable for retaining staff. (Source: Mercer Cullen Egan Dell)
- An 86% higher share holder return is generated by companies that spend more than the average on training. (Source: American Society for Training & Development)
- Most employees (87%) say that they are most productive in their jobs when surrounded by colleagues with whom they share a good relationship.