7 Employee Engagement Statistics You Need To Know In 2022
Publié le 21 April 2022Engaged employees are effective and happy employees. All the more reason to prioritize 7 employee engagement statistics you need to know in 2022.
Employee engagement is a great enigma for many organizations. They can’t put their finger on it, but they know it influences the bottom line.
The topic of boosting employee engagement in your team is one that only you can answer. Why? Because your team is one-of-a-kind. Every group of people has its own set of personalities, tastes, values and passions that drive them in different directions.
High employee engagement increases productivity, work satisfaction, and desired revenue. Employees actively involved in the workplace are happier and more willing to go above and beyond to achieve the company’s objectives.
Are you doing everything you can to keep your staff engaged and help them reach their full potential?
The data below highlights 7 employee engagement statistics you need to know in 2022, and should encourage you to pay greater attention to the importance of employee engagement and point you in the correct direction to improve.
7 Employee Engagement Statistics You Need To Know in 2022
1. The Profit Margin of Highly Engaged Teams Is 21% Higher
According to a recent Gallup study, teams with high levels of employee engagement have a 21% larger profit margin than disengaged teams. The same study also claims that businesses with at least one engaged employee for every disengaged employee can boost their net profit margin by 76%.
It’s clear to see why you need to take action if your company wants to increase its profit margin by 21% or more. Furthermore, 90% of managers believe that their employees’ attitudes and productivity drive their company’s earnings. Client relations, productivity, retention, and overall performance are all improved in companies with high employee engagement. Successful firms focus on employee engagement and productivity to equip all employees with the finest learning and resources available to execute their jobs at their best level.
The financial benefits for your organization alone make it clear that this is one of the employee statistics you need to know in 2022, and work to put it into practice.
2. 13% of U.S. Employees Are Actively Disengaged
Gallup’s 2019 and 2020 employee engagement statistics suggest that 13% of US employees are actively disengaged. These primarily believe their work experience is abysmal and try to broadcast their dissatisfaction as widely as possible.
The same survey shows that working for a firm with a well-established and vibrant culture is preferred by 47% of employees actively looking for jobs.
In addition to designing timetables and workflow processes that keep your staff interested, it is also critical to provide a comfortable and supportive workplace for them. It was a spot they looked forward to seeing every day.
Your firm will experience high productivity if you have a thriving company culture which promotes higher levels of employee engagement.
3. Employee turnover is a “costly concern” for 99.7% of U.S. firms
Offering perks that matter to employees (such as paid time off (PTO) and health insurance), providing career growth chances, and creating a corporate culture where everyone feels like they are part of the team are all ways companies can counteract talent loss and employee departures.
However, if your employee turnover rate is higher, it might lead to a poor image in the market. Just like word of mouth marketing, your company’s reputation is likely to get damaged if the employees leave your organization on a consistent basis. With many organizations feeling the effect of “the great resignation”, it is imperative that companies make an effort to boost employee engagement in order to lessen the chances of frequent turnover.
4. Engaged Employees Produce Their Best Work
According to employee engagement retention data, 77% of employees say they produce their best work when fully engaged. Another 76% believe that an engaged culture contributes to their productivity and efficiency, while 74% believe that working in such a company allows them to provide exceptional customer service.
The question you should ask yourself is what must you do to enhance employee engagement. Using various tools to help you inculcate a strong engaged culture should be the focus in 2022. Make use of engaging photos, videos, presentation templates during training sessions and seminars to ensure that your workforce is motivated to follow the guidelines to enhance engaged culture.
To help you enhance employee engagement, you might have to adjust both short and long-term goals in order to be innovative with your approach. This would require all your departments such as HR, Administration, and Digital Marketing to take measures that promote and encourage employee engagement.
5. Only 25% Of Firms Have An Active Employee Engagement Plan in Place
When asked if an engagement strategy impacted business success, 90% of CEOs said yes. Despite this overwhelming response, only a quarter have an active policy in place to keep their workers motivated.
Because the cost of replacing staff is rising, business owners must begin developing techniques to provide employees with the tools, resources and support they need to stay their jobs long-term. Business leaders must collaborate with HR departments and currently team members to create an active employee engagement plan, which will help save money by preventing staff turnover.
6. 73% of Employees Are Thinking About Quitting Their Jobs
According to research conducted in 2021, 73% of employees would consider quitting their job for the relevant offer, even if they are not currently searching for new work opportunities.
Changing jobs isn’t just about the money, in reality, just 12% of workers quit for better pay. Workday life, job satisfaction, and business culture play a larger role in this decision-making process. 74% of younger employees would accept a pay loss in exchange for the opportunity to work at their ideal job, and 23% of job seekers wouldn’t require a pay raise to take a new position.
This research finds that building a highly engaged and empowered team can boost a company’s retention by up to 54%.
It is costly to look for, hire, and train new personnel. Companies should hire carefully, show appreciation for employees, reward successful work performance, and consider employee feedback when making major choices.
7. 37% Of Employees Say Recognition Is The Most Important Factor
When one research organization asked what the most significant thing a manager or organization could do to assist an employee to feel rewarded and succeed, most respondents chose recognition as the most crucial kind of support. 37% indicated that recognition was the most important way they could improve employee recognition.
Employee turnover is reduced by 59% for organizations that rank in the top 20% of companies with the highest engagement rate,, boosted by recognition for employees and the work they do.
This isn’t surprising, given that active personnel are always committed and eager to do their best work. They’ve also demonstrated a high level of involvement in company-related activities. Most importantly, they arrive at work with a smile on their faces every day because they know that their work is seen and valued.
What Can Businesses Do To Boost Employee Engagement?
Adopting a different leadership style is one of the most important ways that organizations have boosted employee engagement over time. Businesses that have placed a stronger emphasis on community building, internal communication, inspiration, and support have thrived throughout the shutdown.
Businesses can even use chatbots that can help keep workers informed about current company advancements, collect feedback, show training videos and much more. Businesses will learn a lot about engaging with their team in the future, whether through regular check-ins to help staff feel cared for and encouraged or prioritizing relationships over profits.
Understanding 7 employee engagement statistics you need to know in 2022 are crucial in business, and a company that cares for its employees and their engagement will flourish.
Final Thoughts
The key to corporate success is increasing employee engagement. Nothing will be able to stop you from attaining your objectives if you create a healthy work atmosphere where individuals can improve on a regular basis and earn acknowledgement for their efforts.
Hopefully, the 7 employee engagement statistics you need to know in 2022 have prompted you to place a greater emphasis on employee engagement, as doing so will improve the overall performance of your company. Start implementing employee engagement tactics today, and your company’s revenue will skyrocket in no time.