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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.
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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 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
- 18% increase in productivity (1) Gallup
- 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?
- 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.
- 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
