Wednesday, September 11, 2024
Here's what we've learned.
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Team-Level Engagement Linked to Profitability | | | The Finding When comparing employee engagement levels, Gallup found that top- and bottom-quartile business units and teams had a 23% difference in profitability. Why It Matters The world's largest ongoing study of team engagement finds that the variability in engagement between teams within a company is nearly as great as the variability for teams across all companies. Although leaders may know their overall employee engagement numbers, employee engagement primarily happens at the team level — and there may be a wide gap between your best- and worst-engaged teams. Leaders concerned about profitability should examine team engagement more closely. The Full Story: The World's Largest Ongoing Study of the Employee Experience | | | It Matters How They Leave | | One in four recent voluntary leavers say their manager treated them with rudeness, hostility or a generally negative reaction at their departure. | | Such negative exit experiences can harm an employer over the long term. When leavers are extremely satisfied with how their former organization handled their exit process, they are 43% more likely to strongly agree that they would recommend their previous organization as a great place to work. | | | 24% | | of voluntary leavers were met with hostility. | | | | | | Explore: Enhancing the Employee Exit Experience Is Worth It | | | The Global Cost of Low Engagement | | In 2023, global employee engagement stagnated following multiple years of steady growth, according to the 2024 State of the Global Workplace report. The result is that 77% of the world's workers are either checked out or actively opposing their employer. | | | | Gallup estimates that low engagement costs the global economy $8.9 trillion, or 9% of global GDP. | | | | | | | | Was this email forwarded to you? Never miss another newsletter — subscribe today. | | |
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