It can cost a company between 20 and 33% of a job salary to replace an employee who quits. The ripple effect of losing team members can damage productivity, momentum and morale. Why then do we overlook the number one reason people leave their roles? Boredom! Of the 5,000 people surveyed who left jobs in… Continue reading Bored People Quit – Addressing Employee Boredom
Microsoft, a $1 trillion market cap, approximately 163,000 employees and ever evolving business model. It all sounds like a unicorn success story. However, in 2019 VP of computing devices, Brett Ostrum, noticed they had a growing problem – employee morale. Ostrum and HR struggled to diagnose the issues until eventually, with the right survey designs,… Continue reading The different types of employee surveys
Over 85% of employees report feeling a sense of disengagement from their current employment. This is costing North American economies a staggering $550 billion in lost productivity annually. The importance of ongoing peer feedback and allowing employees to feel heard has very real fiscal impacts. We have come a long way in employment relations and… Continue reading Anonymous vs. Non-Anonymous Employee Feedback?
Companies with high levels of employee engagement are 21% more profitable but unfortunately those are in the minority. Over 80% of employees report feeling disengaged from their work which dramatically reduces productivity and revenue. Giving a voice to your team through employee surveys helps to foster engagement through psychological safety, trust, respect and fulfillment. Employees… Continue reading Designing an effective employee survey
Does employee engagement really equal company performance? Let’s take a look. Gallup is considered the leading authority in business analytics so when they say employee engagement boosts profitability by 21%, it is worth taking note. However, despite the swell of attention and research contributing to the broad stroke statement, unmanaged and unanimous engagement do not… Continue reading What comes first, employee engagement or company performance?