employee engagement: is it worth the penny
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When we talk about rewards and recognition, we talk about money! In the tough time, the first cut starts from the HR. Does it make sense for companies to spend (Top companies spend 2%-7% of their employee budget in Employee Engagement) on Employee Engagement? Strategic Rewards and Recognition that important?TRANSCRIPT
Employee Engagement
Is it worth spending time & money?
Employees too need regular tuning, fuelling, and servicing for high performance maintenance
How successful have you been in doing so?
45% increase in Employee Disengagement since 2009
lostemployees.com
*Business Week
Gallup poll estimates that actively disengaged employees
cost the American economy up to $350 billion per year in lost productivity.
* Gallup Management Journal-’What really drives financial success?’
Engaged employees lead to financial business success, not the other way around.
Engaged employees generate 43% more
revenue and can boost performance by 200%Hay Group – as referenced in the HR Magazine article
askusfirst.wordpress.com
By increasing 15% on employee engagement strategies, your operation
margin increases by 2%.
http://minglecity.com/profiles/blogs/lazy-employees-is-the-man
* Towers Watson
A small investment on strategic recognition can out-size your dividends
http://smallbiztrends.com/2010/01/how-to-engage-employees-in-workplace-greening.html
Explore how Social Reward and Recognition can transform for your Brand
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Manish PathakChief Marketing Officer | TriggerOhttp://www. triggero.com | [email protected] manishpathak manish_pathak
Sounds interesting ! You know what to do…..
Paras AroraChief Executive | TriggerOhttp://www. triggero.com |[email protected] iamparas parasarora