Could Lagging Employee Engagement and Wellness Be Shrinking Your Bottom Line?

 

The Boston Consulting Group found one more reason to put employee engagement at the top of your company’s priorities. They noted that businesses chosen as one of the “100 Best Places to Work” for three or more years enjoyed a measurable competitive advantage backed by concrete numbers. In a ten-year timespan, not only did these companies outperform the S&P 500 eight years but they cumulatively beat it by a solid 99 percentage points.

Meanwhile, Gallup reported in its “State of the American Workplace: 2010-2012 report, employee engagement” that just 30 percent of American workers are engaged. They define engaged as those:

“who work with passion and feel a profound connection to their company. They drive innovation and move their organization forward.”

This leaves 52 percent of employees “not engaged” and 18 percent “actively disengaged”. Those actively disengaged workers cost U.S. businesses, according to Gallup, an alarming $450 billion to $550 billion in annual lost productivity.

Engagement requires a sense of belonging, achievement, and self-confidence. When a company cares for all of their employees’ needs beyond the paycheck, they give their employees greater freedom to focus on themselves – including things like healthful eating habits, a good night’s sleep, and exercise.

Gallup recommends a stronger focus on management hiring, coaching, and accountability. They also advise that managers discuss employee engagement in weekly and one-on-one meetings and that they integrate engagement into daily activities.

Employer Wellness Programs like Walkingspree make it easy for employers to boost camaraderie, confidence, motivation, teamwork, and engagement – giving employees one more reason to feel excited about their job. When they see how much their company cares for their wellbeing, they in turn become more focused, driven, and productive.

2015-05-07T12:49:58+00:00