As a manager, you’ve most likely dealt with poor behavior from certain employees—and even your best behaved workers may have the occasional lapse in judgment. It could be something as simple as playing on their phone during a meeting or as serious as showing up late every day.
Large or small, these behaviors are signs of a deeper problem: disengagement.
Statistics show that 50% of all employees exhibit some sort of disengaged behavior, while another 20% are completely disconnected from their jobs. Worse, these statistical averages hold true across multiple salary levels—meaning you can’t buy a solution to this problem.
Disengagement is costing business leaders big time. U.S. companies lose an estimated $350 billion per year due to unengaged workers. These employees are also more likely to join the 2.7 million people who quit their jobs every month—forcing you to spend approximately 20% of their salary to find a replacement.
So what’s causing this catastrophic engagement crisis in the workplace?
According to workers, management isn’t offering them the fulfillment they need. 35% of employees say they participate in unrelated activities during work hours because their work isn’t satisfying. What’s more, 43% of people who quit their jobs do so because management doesn’t recognize their positive efforts.
Research has shown that companies with the highest engagement rates are those that offer challenging work, give employees flexibility to take ownership of that work, and exhibit gratitude for a job well done.
To help you create this type of positive environment, the team at Company Folders has put together all the facts you need to know about employee engagement—and four motivational tactics that will keep your team focused.