Let’s quickly evaluate how much you can reach. According to the consulting company DreamMaker’s numbers
, only 15% of employees surveyed are motivated at work, while motivated ones work at least 20% better and have an 80% lower chance of quitting. Such employee engagement statistics show how beneficial is the high motivation for the modern world. It’s the most valuable resource, enabling to overcompete everyone and save costs, retaining the best employees. If the motivational mechanisms at your workplace work well, it’ll not only produce high-quality goods and services, but also will evolve consistently, changing the world to better and, consequently, earning many benefits.
Employers and company management around the world understand the importance of staff engagement and motivation, as it enables them to save a lot of money and nerves. Not only it’s much more ethical towards employees, but it’s also beneficial for the company itself. According to the Gallup
surveys, the percentage of motivated employees, while still low, is growing and is higher than in years before. It means that the progress in continuing, and ensuring the high motivation now is especially viable to not be overcompeted and pushed out of the market.
Lastly, we should mention the connection between employee engagement and retention, as it’s another important expense point for any company. While some companies, such as retailers, will inevitably have high turnover, each fired or departed employee will cost you at least several thousand dollars, and in the case of top competency talents, total losses can be up to 200%
of their annual salary! If you’ll invest some time and money in improving employees
And we’ll explore how to do that.