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The truth is that small companies are only slightly more engaged than their larger counterparts. Learn more on employee engagement! Visit www.herdwisdom.com Sources: Dale Carnegie - www.dalecarnegie.com/assets/1/7/smallbusiness-WP_060414.pdf Gallup - http://businessjournal.gallup.com/content/247/the-high-cost-of-disengaged-employees.aspx ADP- www.adp.com/solutions/employer-services/solutions-for-multinationals/insights/mnc-insight-detail.aspx? id={CEE81AEF-450C-4651-A9BF-4D7982CC89D1}&cid=soc_twt_1030_20130116MNC-HR# Gallup - http://www.gallup.com/strategicconsulting/161459/engagement- work-effect-performance-continues-tough-economic-times.aspx ADP - http://www.adp.com/tools-and-resources/adp-research- institute/insights/insight-item-detail.aspx?id=38b37268-eed3-457f-aa24-13ff886ff7ce The Top 2 essential strategies for maintaining a competitive edge in small to mid-sized business were: Why do so many business leaders believe that employee engagement initiatives are only for mid to large-sized companies? Size doesn’t matter where engagement is concerned; employee’s needs don’t simply change because they have fewer co-workers (it doesn’t work that way). SIZE DOESN’T MATTER… IN ENGAGEMENT 36 29 % % 46 45 Herd Wisdom When we consider that the “Partially Engaged” category consists of 71% of the workforce, there isn’t much difference between small and large, where engagement is concerned. Smaller Companies Larger Companies % % Smaller Companies Larger Companies FULLY ENGAGED PARTIALLY ENGAGED Regardless of company size, the average, annual cost per disengaged employee is THE RESULTS $2,246 Lower absenteeism Higher productivity Higher customer metrics Higher profitability Lower turnover 25% 37% 10% 22% 21% Nearly 40% of small to mid-sized companies worry about attracting qualified employees. 50% of small to mid-sized companies plan to grow next year. are the same… THE COST is the same… THE ISSUES are the same… THE SOLUTION is the same… Luckily, ......................................................... ......................................................... 1. Maximizing Productivity 2. Capitalizing on Talent 40 % % 50 Short, consistent, gamified surveys help company leaders find out what is really happening in their organization, what their workforce wants and what needs to change, in real-time. When it comes to employee engagement, size doesn’t matter, people do.
