Why Employee Engagement Really Does Matter

There are two big problems companies are facing today. One is profitability and the other is employee engagement (and productivity). These two things go hand in hand.

When your employees are engaged, they are more motivated, productive and produce better work. This leads to better profitability over time.

Employees Want Spontaneous Rewards

47% of employees want to receive rewards spontaneously. Everyone wants to be praised, but more than that they want to be recognized when they do something well. It’s very important that these rewards are spontaneous or happen right after the good deed for it to leave a lasting impact. 

38% of employees want to receive rewards in exchange for good work. Who doesn’t? Remember that good work comes in all shapes and sizes and recognizing good work can go a long way in attitude, morale, and productivity. 

Statistics on Employee Engagement for Employers Looking to Grow Productivity and Profitability through Engagement

Rewarding in the Workplace vs. Rewarding at Home

52% of employees prefer to celebrate rewards with their families rather than their colleagues. Team parties or company celebrations and awards are wonderful. Next time you’re giving rewards to your employees at the office, supplement it with a gift selection they can take home. 

We’re all human and our loved ones motivate us more than anything. Sharing achievements and rewards at home makes a big difference to employees. 

How to Manage Employee Engagement for Effective Results 

Employee engagement can be a job in itself and many offices have coordinators, committees, or personnel responsible for overseeing this. But it can be very hard to maintain an effective and ongoing culture of impactful engagement. 85% of HR leaders say an employee recognition program helps to improve employee engagement. 

We work very closely with Human Resources to shape and implement recognition programs and we find this to be the consensus among leaders. 89% of HR executives feel recognition programs are improving the employee experience. The professionals who deal with employees everyday back the effectiveness of these recognition programs. 

Statistics on Employee Engagement for Employers Looking to Grow Productivity and Profitability through Engagement

Lack of Recognition Leads to Turnover 

27% of employees said that a lack of recognition was their top reason for leaving a job. If an employee doesn’t feel that they are being appropriately recognized for that work, it can lead to unhappiness in their position. This is especially impactful when you realize you can lose staff that’s doing good work over a lack of recognition. 

Thinking of the bottom line, there is a high cost associated with onboarding, training, and retaining employees. Compared to the cost of recognition programs and employee engagement tactics, it’s a no brainer – you will have cost savings. 

Embrace Engagement and Grow Your Employee Culture 

These employee recognition, incentive, and award programs are an effective way to increase engagement in your company. The HR professionals working with employees every day have seen this work. It will lead to more retention, cost savings, improved morale, and a thriving culture.

Learn more about employee recognition programs here.

The GLS Group prides itself on being able to build a recognition program that’s made for your company, culture, and employees. We work closely with Human Resources and Executives in Sales, Marketing, and more. Contact Us Today to get started. 

Why Employee Engagement Really Does Matter | GLS Group, Inc.

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By GLS Group
March 19, 2019 Category: Employee Recognition, Profitability,

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