According to Hewitt Associates, every engaged employee is worth about $5,000 each year in additional profit.
85% of a company's capital is derived from intangible assets such as knowledge, technology/intellectual property, brand/reputation and human talent.
A 10 year Fortune 500 Study showed that those companies with high employee engagement outgrew lesser engaged companies by 4:1.
Incentive Programs increase Individual Performance by 22% and Team Incentives by 44%.
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...
KPMG's People First Recognition Program has reduced turnover by 3.6%, saving $3 million and $5 million per annum.
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%...
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%.
International Survey by Accenture, show 67% of job seekers target employers who recognise and reward accomplishments.
A 15% improvement in employee engagement can mean a 2% increase in operating margin - Towers Perrin.
The Hewitt Survey noted that 'Best Employers' average profit growth outstripped that of the other organisations in the study by 25% to 21%.
69% of workers surveyed say that non-monetary forms of recognition provide the best motivation.
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.
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.
Despite the uncertain economy, 77% of Australia's work-force are keeping their options open for a role that better fits their needs.
Those companies who have both staff and customers engaged outpace their competition by 26% in gross margin and 85% in sales growth.
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.
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.
Earnings Per Share grew 2.6 times more among companies with top-quartile employee engagement levels…