Why Employee Engagement Matters

Compelling Answers from Recent Research

Profit: highly engaged employees boost bottom line by as much as 60%.

Towers Perrin-2007 studied 360,000 employees in 41 companies over 3 years. Engaged groups added 2.06 points of net profit. Disengaged groups reduced net profit by 1.38 points. On a 5% total net profit, this is a net increase of over 60% (engaged vs disengaged). On a 10% net profit, the net increase is over 30%

Productivity: highly engaged staff were 47% more productive than staff with low engagement.

Watson Wyatt Worldwide Mar 29,2007

Annual revenue per employee: high engagement- $484 k per ee, low engagement-  $328 k per ee.

Growth: annual compound growth over 5 yrs was 263 % higher for companies with highest staff engagement (12.9 %) vs lowest (4.9%).

Hewitt Associates- Canada’s Best Employers 2007

Best of the best – engagement levels at canada’s 50 best companies were 40% higher than “good” companies studied.

Hewitt Associates- Canada’s Best Employers 2007

Note: 100% of Canada’s top 50 companies now measure employee engagement.

Why Employee Engagement Matters
 

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After several years of administering an employee satisfaction survey, our company decided to partner with Engagient to measure employee engagement, which are two very different dynamics. Engagient’s processes are clear, direct, thorough and highly effective in gaining insight into how engaged our employees were, at every level.

The high degree of professionalism exhibited by Engagient’s consultants and their depth of knowledge and understanding of employee engagement is unsurpassed. As a result of our employee engagement survey, we have begun taking measures to re-engage our employees at every level of the organization.

--Claudia H. Snyder, Director of Human Resources
Thomco Insurance
 
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