Employee Engagement leads to Bottom Line Results-- Part 1

Employee engagement drives business results.  When employees are engaged, they stick around.  When they are not engaged, they leave or will leave if an opportunity presents itself. 

The cost of voluntary employee turnover is very high when you consider the following impacts:

1.  Employee morale is affected.

2.  When top people leave and join competitors there is a great chance they will attract their peers to join them in the new endeavor. One person walking out can lead to several over time.

3.  All of the energy put towards hiring new people could be directed at more profitable initiatives. 

4.  If reasons are unknown for departure it could be several months or years meaning many lost people. 

5.  The changing workforce is shrinking the number of available people for jobs.  If we have to constantly replace people year after year and there are less people available we will be forced to hire lower performers just to fill open positions. 

Now that we have reviewed the costs--let's review the benefits of having engaged employees:

1.  Employee engagement drives business results. 

2.  Client feedback says engaged employees are better to have working for them. 

3.  An engaged employee will go the extra mile.   

4.  Engaged employees are happier and create a motivated culture.

5.  Engaged employees stick around.