Wednesday, 26 December 2012

How Does Employee Engagement Improves The Bottom Line?

In order to succeed in a hyper-competitive global economy, organizations must drive and maintain the highest performance levels and employee engagement.  
Employee Engagment

Companies have to leverage every possible resource available to create competitive advantages.  And without question, harnessing the power of people is by far the most challenging.
In simplest terms, great people form great teams that deliver amazing products and services.  But in order to deliver amazing results, people must possess the skills and be fully motivated to contribute to the organizations they serve.  
Giving employee the right tools and growing a high performance culture is more than just the right thing to do – these actions have significant financial consequences.
When companies harness the power of people, they realize the largest gains in productivity, and innovation.  
According other industry experts, engaged employees are not only more productive, but are more customer-focused, safer and more likely to remain a part of their current company.
Engaged organizations have 3.9 times the earnings per share when compared to companies with lower engagement levels in their same industry.   And disengaged employees are not just a non-factor. 
 Disengaged people erode a company’s bottom line while killing the spirits of colleagues along the way.  Disengagement costs more than $300 billion in lost productivity alone.

- Team Shirsa

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