employee development programs
Workforce & Workplace
Recognition: A Key Dimension for Employee Quality of Life
Ivor MacGregor
Ivor MacGregor
VP, Onshore & Mining,
Energy & Resources
Sodexo

It’s estimated that disengaged workers cost the Canadian business economy over $350 billion annually in lost productivity. According to the Management Journal’s semi-annual Employee Engagement Index, approximately 60 percent of employees are not engaged, 15 percent are actively disengaged at work and only 25 percent are actively engaged. Why are these statistics important to businesses and economic growth? To remain competitive and grow as a business, organizations must stay focused on winning the talent war by hiring talented people and proactively working to keep them. Turnover costs are high — and not just in terms of replacement expense.  It can also cost your company in productivity, and it’s demoralizing to other team members when they see good people leaving the organization. (more…)