The lack of engagement among employees isn’t just a small problem for business: it’s a national emergency. According to recent data, around 51 percent of employees are “not engaged” with what they’re doing, and a further 17 percent are “actively disengaged.”
This is a contributed post and does not necessarily reflect the opinions of Meet The Harris Family.
Lost Engagement
The consequences for companies are tremendous. Estimates suggest that firms are losing more than $450 billion per year in lost productivity – a massive slice of the economy.
The statistics are universal across sectors and age groups. Millennials, for instance, are the least engaged at work, with more than 42 percent actively looking for a job elsewhere. Only 33 percent of baby boomers are engaged at work, with around a fifth looking for alternative employment. Thirty-two percent of office workers say that there are engaged, only marginally higher than people working in low-wage service sector jobs.
What is the problem?
In short, we have a problem with engagement. The task for management is to figure out what to do about it. Here, the following info-graphic can help. It describes the extent of the problem and then goes on to give companies advice on how to address the issue.
Top of the list is to offer flexible working conditions. Employees want to be able to arrange transport for their kids to and from school without having to fit around fixed office hours. Employees also want more input from managers and a say in the company’s corporate responsibility agenda.
Are you interested in statistics on worker satisfaction? Check out the following info-graphic to find out more about it.
Infographic by University of Southern California