Employee Engagement Statistics and Trends. Statistics and Trends.
Numerous research sources show your human capital investment is in the range of 65-85% of your total investment as an organization. If you’re outlaying that much of your financial resources as business, it follows you will want to get the most possible return on that investment.
A recent Towers Watson survey indicated that nearly two–thirds of U.S. employees are not fully engaged in their work and are less productive as a result. In response to survey results like this, executives exhort managers to spend even more time with their employees.
When employees are engaged, they exhibit many more specific “engagement traits” – including a willingness to put in a great deal of extra effort, increased loyalty, a greater willingness to recommend their company as an employer of choice, efforts to inspire others in the company through concrete comments and actions, and similar outcomes – compared to other employees.
The Council on Financial Competition estimates it costs 5 to 10 times as much to attract a new customer as it does to keep an existing one.
Columbia University studies show that replacing a lost employeecosts 150% or more of that employee’s salary.
90% of companies in North America have some kind of recognition effort in place, but % of employees say they don’t feel engaged. That’s primarily due to organizations failing to align their program with their company’s core mission and values.
Investment in technology for recognition providers is key. Sophisticated reporting functionality, in-depth analytics, even event reminders that prompt managers to acknowledge achievements raise the effectiveness of recognition spend.
A recent Gallup poll revealed that more than 71 percent of Americans aren't engaged at their jobs.
Of survey respondents who were engaged, 74 percent said they looked forward to going to work every day
Research shows engaged employees are more enthusiastic, loyal, productive and tend to become high-potential employees.
An emergent and working condition as a positive cognitive, emotional and behavioral state directed toward organizational outcomes.
-Shuck & Wollard, 2009
Transparent cost model
Cost-effective model (BOR v. BOI)
Most award winning in industry
More catalog choices (v. typical warehouse model)
Majority of company is CRP certified
Unraveled travel experience
Award-winning creative design with full agency capabilities in-house
Virtual solutions –Recognition Resource Center
Unique awards–virtual offering(gift cards, MP3’s, charities)
Innovative enhancements: In-Store Pickup, Mobile app