98% of TDO riders said they felt engaged during the 2018 ride event, but exactly how does employee engagement lead to increased business success?
A review of the Gallup Studies regarding employee engagement and business performance found that employee turnover is reduced and productivity is increased when the employee feels that:
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The employer cares about him/her
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There is a strong mission/purpose
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The organisation is a ‘friend’
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The organisation is committed to quality
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The organisation provides opportunities to learn and grow
What’s more, the Gallup Studies found a demonstrable relationship between employee engagement and business unit success. Business units at the 95th percentile of employee engagement improve their odds of success by 42% over the median business unit.
The Gallup data review allows us to extrapolate to attach dollar values to employee engagement by translating business unit success, customer satisfaction and employee turnover into hard costs.
Employee Engagement Translated into Dollars – For example – A 100 person business unit with $20 million in revenue:
It’s black and white! Employee engagement is great for everyone and your bottom line!
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