The Benefits of Engagement

Engagement is a measure of connection, and it plays a major role in productivity and (for companies) profitability. Team activities that highlight your collective principles — especially those surrounding philanthropy — can play a huge role.

statistics are from the most recent year of Fortune's "Giving Back" rankings

The Benefits of Engagement


Employee engagement is a measure of connection, to both the work & culture of your company. It's also — as we know from the studies cited below — a high stakes venue with far reaching effects on profitability.

Team building activities that highlight company principles, especially those surrounding philanthropy, can play a huge role.

TLDR;

• Engagement improves: productivity, recruiting & turnover rates

• For companies, employee engagement has a direct impact on revenue & growth

• Most stats relate to business, but the message of camaraderie applies to all organization types

• The problem is that high-quality, team-volunteer opportunities are really hard to find

TLDR; Summary

• Employee engagement has a direct impact on revenue & growth


• Main areas of impact include: productivity, hiring leverage & turnover rates


• The missing piece is not the lack of employee volunteer policies, but opportunities

"You need to be thinking
about this" stats

We'll start with the bad news.

  • 47% of those actively looking for a new job cite company culture as the primary reason (8) Hays


  • 80% of employees feel disengaged in the workplace (5) Gallup


  • 1 in 3 employees don’t trust their employers (6) Edelman


  • 34% of employees are actively looking for new jobs (7) Ceridian

"Getting the most out of your team" stats

Engaged workplaces are more efficient.

  • 4x higher revenue growth & 9x higher stock price growth over 10 years (2) Forbes




  • 71% of CEOs believe engagement is critical to overall success (12) Fortune

"Getting and keeping the best people"stats

What is the cost of losing / gaining one key hire?

  • The cost of losing an employee ranges from tens of thousands of dollars to 2x the employee’s annual salary (13, 14) Bersin


  • 43% lower annual turnover among engaged employees (1) Gallup


  • 83% millennials are more loyal to a company that helps them address social/environmental causes (4) Cone


  • 55% would take less salary to work for a socially responsible company (4) Cone

"You need to be thinking about this" stats

And then there is the bad news.

  • 47% of those actively looking for a new job cite company culture as the primary reason (8) Hays

  • 80% of employees feel disengaged in the workplace (5) Gallup

  • 1 in 3 employees don’t trust their employers (6) Edelman

  • 34% of employees are actively looking for new jobs (7) Ceridian

"Getting and keeping the
best people"stats

What is the cost of losing /

gaining one key hire?

  • The cost of losing an employee ranges from tens of thousands of dollars to 2x the employee’s annual salary (13, 14) Bersin


  • 83% millennials are more loyal to a company that helps them address social / environmental causes (4) Cone

 

  • 43% lower annual turnover among engaged employees (1) Gallup


  • 55% would take less salary to work for a socially responsible company (4) Cone

"Getting the most out
of your team" stats

Engaged workplaces are more efficient.

  • 4x higher revenue growth & 9x higher stock price growth over 10 years (2) Forbes



  • 81% decrease in absenteeism (1) Gallup

  • 71% of CEOs believe engagement is critical to overall success (12) Fortune

"Happiness in work & life" stats

Isn't this the whole point?

"Happiness in work & life" stats

Isn't this the whole point?

  • Volunteer programs improve job satisfaction for 93% (3) Deloitte


  • Volunteer programs create a  better overall working environment for 89% (3) Deloitte


  • 70% say volunteer activities are more likely to boost morale than company happy hours (3) Deloitte


  • Volunteers have reduced risk of stress, anxiety, depression & many other physical and mental health problems — even when controlling for age, gender and physical health (15) Mayo Clinic


  • 64% of employees feel their work & personal lives are increasingly blended (4) Cone
  • Volunteer programs improve job satisfaction for 93% (3) Deloitte


  • Volunteer programs create a  better overall working environment for 89% (3) Deloitte


  • 70% say volunteer activities are more likely to boost morale than company happy hours (3) Deloitte


  • 64% of employees feel their work & personal lives are increasingly blended (4) Cone

"Generous volunteer policies are not enough" stats

Giving people time to volunteer is only half the issue — they need more opportunities.

"Generous volunteer policies
are not enough" stats

Giving people time to volunteer is only half

the issue — they need more opportunities.

  • Employees estimate that 73% of their coworkers use little or none of their VTO (10) Internal


  • 69% of employees say they’re not volunteering as much as they would like (3) Deloitte

  • In the general public, 90% of adults want to volunteer, only 23% of them find a way to do so even one time each year (9) Stanford

  • Just 4% of the population currently does half of all volunteering (11) BLS




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  • Employees estimate that 73% of their coworkers use little or none of their VTO (10) Internal


  • 69% of employees say they’re not volunteering as much as they would like (3) Deloitte


  • In the general public, 90% of adults want to volunteer, only 23% of them find a way to do so even one time each year (9) Stanford


  • Just 4% of the population currently does half of all volunteering (11) BLS




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