Did you know that companies with effective levels of employer engagement experience doubled annual net profits, 18% higher productivity, 2.5 times greater revenue growth, and 40% lower employee turnover?
Those statistics come from research conducted by Pure as shown in the infographic at the end of this article.
But that’s not all! Management holds the cards when it comes to the success or failure of engagement. According to the research, managers account for 70% of the variance in engagement levels! If there was ever any doubt that company culture, engagement, and results start from the top and must trickle down through all levels of the organization, this data proves it.
The researchers also discovered that there are significant differences in engagement levels depending on the gender of employees and their managers:
- Employees who work for a female manager are 6% more engaged, on average, than those who work for a male manager.
- Female employees who work for a female manager are the most engaged, at 35%.
- Male employees who work for a male manager are the least engaged, at 25%.
Check out the infographic below for more statistics, some interesting initiatives companies are taking to boost employee engagement, and more.
What does your company do to increase employee engagement? Does it work? Share your thoughts in the comments below.
Source: Pure
Susan Gunelius
Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 30-year veteran of the marketing field and has authored a dozen books about marketing, branding, and social media, including the highly popular Ultimate Guide to Email Marketing, 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics. She holds an MBA in Management and Strategy and a Bachelor of Science degree in Marketing and is a Certified Professional Career Coach (CPCC).
Follow Me:
