The status quo is no way to go engage employees reduce costs increase profits
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“The Status Quo is No Way to Go!” Engage Employees Reduce Costs Increase Profits. Prepared for IMC By HRGroup, LLC April 2011. Engage Employees. International Symbol for Putting Your Butt on the Line. Prepared for IMC

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The status quo is no way to go engage employees reduce costs increase profits

“The Status Quo is No Way to Go!”Engage EmployeesReduce CostsIncrease Profits

Prepared for IMC

By HRGroup, LLC April 2011


Engage employees
Engage Employees

International Symbol for

Putting Your Butt on the Line

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Employee Engagement Poll

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

30%

Engaged

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

52%

Not Engaged

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

18%

So Disengaged That They Work Against the Organization’s Goals

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

45%

Plan to Change Jobs

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

48%

Not Satisfied with Boss

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

59%

Not Satisfied with Level of Support from Colleagues

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

76%

Not Satisfied with

Career Growth

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Engage Employees

What can managers do to improve engagement?

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Improve Engagement

Listen to Employees’ Opinions

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Improve Engagement

Communicate

Clear Expectations

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Improve Engagement

Give Praise and Recognition

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Improve Engagement

Provide Learning and Development Opportunities

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Engage Employees

Good People Don’t Leave Companies…

Prepared for IMC

By HRGroup, LLC April 2011


Engage employees1
Engage Employees

…They Leave

Poor Managers!!

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Don’t Assume…

“that workers need the company more than the company needs them

They know they can leave – they have mobility and self confidence!”

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

As a Result…

“They have to be treated and managed as volunteers…”

Peter Drucker

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

The Status Quo is No Way to Go!!

Motivated

Competent

Not Motivated

Competent

23%

60%

Not Motivated

Not Competent

Motivated

Not Competent

14%

3%

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

Employee Breakdown

#1 Motivated, Not Competent

#2 Motivated, Competent

#3 Not Motivated, Competent

#4 Not Motivated, Not Competent

Prepared for IMC

By HRGroup, LLC April 2011


How to calculate the cost
How to Calculate the Cost…

We need:

  • Number of Employees

  • Average Salary

  • Productivity Level

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

The Status Quo

Company Name: XYZ Company Total # of Employees: 100

Quadrant #3

Not Motivated, Competent

# of Employees: 23

Average Salary: $42,000

Quadrant #2

Motivated, Competent

# of Employees: 60

Average Salary: $40,000

Productivity Level: 65%

Productivity Level: 90%

Quadrant #4

Not Motivated, Not Competent

# of Employees: 3

Average Salary: $42,000

Quadrant #1

Motivated, Not Competent

# of Employees: 14

Average Salary: $25,000

Productivity Level: 25%

Productivity Level: 50%

Prepared for IMC

By HRGroup, LLC April 2011


Do the math
Do the Math!!!!!

Average

Salary

Productivity

Loss

Productivity

Loss per

employee

# of

employees

x

=

x

Equals…

The Cost of Status Quo!!

Prepared for IMC

By HRGroup, LLC April 2011


The status quo is no way to go engage employees reduce costs increase profits

The Cost of Status Quo

Total Cost = $847,600

Prepared for IMC

By HRGroup, LLC April 2011


The bottom line
The Bottom Line

  • 50 employees =

  • 25 employees =

  • 12 employees =

  • Per Employee =

$423,800

$211,900

$101,712

$8,470

Prepared for IMC

By HRGroup, LLC April 2011


Strategies for each quadrant
Strategies for Each Quadrant

#1 Motivated, Not Competent

#2 Motivated, Competent

#3 Not Motivated, Competent

#4 Not Motivated, Not Competent

Prepared for IMC

By HRGroup, LLC April 2011


Engage employees2
Engage Employees

Prepared for IMC

By HRGroup, LLC April 2011


Hrgroup llc
HRGroup, LLC

  • Phone: 480-753-6188

  • Website: www.hrgrouponline.com

  • Email: info@hrgrouponline.com

Prepared for IMC

By HRGroup, LLC April 2011