When company leadership is committed to improving employee engagement, positive results are seen in a variety of ways.
- Higher Profitability
According to Gallup's annual State of the American Workplace report, highly engaged employees lead to 21% higher profitability.
- Higher Productivity and Increased Sales
Businesses with highly engaged teams experience a 17% bump in productivity. The also experience 20% more sales.
- Reduced Absenteeism and Fewer Safety Incidents
Absenteeism drops by 41% when teams are engaged in their work. Workplace safety incidents drop by a staggering 70%.
- Lower Employee Turnover
On average, highly engaged teams will experience a 40% improvement in turnover. This improvement can vary in high-turnover organizations to 59% in low-turnover organizations. For these calculations, we used the median.
Let's see what increased engagement could do for you.
|Number of employees at the start of the year|
|Number of employees at the end of the year|
|Average employee salary|
|Annual Company Revenue||$|
|Number of employees who left during the year|
|Revenue per employee|
|Cost of absenteeism per employee|
|Total cost of absenteeism|
|Number of employees who leave in a year|
|Average cost to replace an employee|
|Total cost of employee turnover|
|Additional company revenue|
|Money saved from reduced absenteeism|
|Money saved from reduced turnover|
|Total business value created|
|Total business value created per employee|