Written by Ruth Chapman, Senior Marketing Manager, Achievers EMEA
The latest report from Gallup states that just 1 in 10 UK and EU workers are actively engaged and with UK productivity seeing further falls during 2017, according to the Office for National Statistics – it is no surprise that the UK Government recognises that the country has an employee productivity problem.
The UK’s Industrial Strategy is based on “Five Foundations of Productivity”, one of these Foundations being ‘People’. As an organisation that lives and breathes employee engagement and sees the business benefits first-hand of the power of putting people at the heart of the strategy, this is welcome news.
The impact of employee engagement on key business objectives is staggering. According to Gallup, highly engaged business units see:
- a 17 percent increase in productivity
- 24 percent less employee turnover
- a 41 percent reduction in absenteeism
The importance of employee engagement on key business performance metrics cannot be ignored. To learn more, download our eBook Engage or Die: How companies that act fast on engagement outpace the competition.