Disengagement stifles productivity - it is a cost to business of $33.5 billion a year.
Voluntary employee turnover is at a record high of 14 percent... work / life balance is the most important factor in employee attraction and retention.
Companies in the top quartile on both engagement and enablement, exceed industry averages on five-year return on assets, return on investment, and return on equity by 40 to 60%.
KPMG's People First Recognition Program has reduced turnover by 3.6%, saving $3 million and $5 million per annum.
A 15% improvement in employee engagement can mean a 2% increase in operating margin - Towers Perrin.
Those companies who have both staff and customers engaged outpace their competition by 26% in gross margin and 85% in sales growth.
In the 2008 Employee Involvement Association Suggestion System Survey – 33 participating companies reported a total saving of over $564 million – an average saving of $9,000 per implemented suggestion.
69% of workers surveyed say that non-monetary forms of recognition provide the best motivation.
A 10 year Fortune 500 Study showed that those companies with high employee engagement outgrew lesser engaged companies by 4:1.
Towers Perrin found that firms with the highest percentage of engaged employees collectively increased operating income 19% and earnings per share 28% year-to-year.
Despite the uncertain economy, 77% of Australia's work-force are keeping their options open for a role that better fits their needs.
Towers Perrin research showed that only 14 percent of employees worldwide consider themselves to be fully engaged in their work.
Companies with high levels of employee engagement ... improved their operating income by 19.2%...
Incentive Programs increase Individual Performance by 22% and Team Incentives by 44%.
85% of a company's capital is derived from intangible assets such as knowledge, technology/intellectual property, brand/reputation and human talent.
Earnings Per Share grew 2.6 times more among companies with top-quartile employee engagement levels…
The Hewitt Survey noted that 'Best Employers' average profit growth outstripped that of the other organisations in the study by 25% to 21%.
Most Companies use a variety of disjointed programs to recognise and reward their people. Learn how to get more from your employees without paying more...
An exceptional worker can deliver up to 40 percent more value to the Company than his or her average counterpart... which can translate into enormous financial gains.
According to Hewitt Associates, every engaged employee is worth about $5,000 each year in additional profit.
International Survey by Accenture, show 67% of job seekers target employers who recognise and reward accomplishments.