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…)
The NFL season kicks-off on Thursday, September 7, when the Kansas City Chiefs face off against the Super Bowl champion New England Patriots. With the start of the NFL season comes fantasy football. More than 33 million people will play fantasy football, according to the Fantasy Sports Trade Association. Coworkers may join a fantasy football league where they pick virtual teams to play against one another. Whether or not it’s a company-organized event, research has shown that fantasy football leagues can boost employee morale. (more…)
One of the most powerful – and least expensive – ways companies can improve employee engagement and commitment is to say a simple “thank you”. The top reason Americans leave their jobs is that they don’t feel appreciated, according to Gallup. Employees, in another study, were asked what leaders could do to improve engagement, 58 percent replied, “give recognition,”
A good recognition program can increase productivity, reduce turnover and enhance job satisfaction. Recognition can be formal with planned, structured programs. But often, the most valued form of recognition is informal, spontaneous and personal. (more…)
Only 33 percent of US workers report being engaged in their jobs according to a report issued earlier this year by Gallup. A whopping 51 percent of U.S. employees say they are actively looking for a new job or watching for openings.
So, what drives engagement and what can organizations do to attract and retain the best talent? (more…)
Do there seem to be an awful lot of twenty and thirtysomethings walking around your office these days? Millennials are now the largest generation in the U.S. workforce—they passed Generation X in 2015, according to the Pew Research Center.
With so many Millennials in the workforce, developing their talent is important to every organization’s future. Here are a few tips on how to effectively mentor this unique generation.
The New Year is always an excellent time for employers to reflect on the previous year and plan for the coming year.
In doing so, it’s important to also reflect on how your company has prioritized improving employees’ quality of life. Meaning, over the past year, has your organization conducted or implemented initiatives that help employees manage their health and wellbeing? Or, made it easier for employees to manage their work responsibilities, as well as their personal ones (e.g., family care). Other factors that impact employee quality of life include the quality of their work environment, the recognition they receive, and their ability to grow and learn at work. (more…)
We just celebrated Labor Day, when we take the day off to relax and honor the hard work we do all year ‘round. But you shouldn’t have to take a day off work to enjoy yourself. Making work your happy place can go a long way towards improving your health and well-being. In fact, happiness in the workplace has been proven to increase employee engagement, which boosts productivity. And who doesn’t want to be happier, more engaged and more productive?
According to a recent Gallup poll, 70% of workers either hate their job or feel completely disengaged at work. But we can take steps every day to make our workplace more enjoyable. Here are three tips: (more…)
“Most people are about as happy as they make up their minds to be.”
Sometimes finding happiness must be very intentional but simply knowing happiness is a choice is not enough. Experiencing it requires a conscious decision every day and it is not always easy.
A while ago one woman took the Internet by storm with her Facebook Live video gone viral. Candace Payne, otherwise known as “Chewbacca Lady,” bought a noise-making Chewbacca mask, put it on, laughed quite a bit, and shared her experience on Facebook. The video has garnered over 159 million views and millions of likes. Whether you love Star Wars or you have no idea what a Chewbacca is, one thing for certain is that Candace Payne most likely brought a smile to your face. (more…)
Experts from around the world agree: the design of collective spaces can improve quality of life. From transforming a city in crisis, to opening channels that increase knowledge, and improving performance in organizations, the effective use of space can foster rejuvenation, creativity and community. Even in the face of what seems like insurmountable obstacles, the way we use and reuse space can inspire progress and instill hope for a better future. (more…)
The workforce, in the U.S. and globally, is evolving at an unprecedented rate. With the addition of Generation Z, it will soon be five generations strong. While having access to such an extensive pool of talent is an exciting prospect for many employers, managing employees across such a broad range of demographics will require leadership to flex their styles and meet employees where they are. (more…)
This is the fifth in a continuing blog series based on insights and findings from the Sodexo 2016 Workplace Trends Report. The Report examines nine key trends affecting business outcomes and the quality of life of employees and consumers. To learn more, access the full article: Redefining Employee Engagement through Recognition.
Corporate brand is not just about what you do, it’s about who you are as an organization. I’ve talked before about how that brand has become a key to attracting and keeping your workforce. One of the crucial components to a company’s brand centers on the choices it makes in the world of philanthropy. It’s not just a question of sharing wealth in a responsible way, but about choosing those with whom you share it in a way that reflects the values held by your company and its employees.
Women have made huge strides in their pursuit of higher education and now earn more associate, bachelor’s, master’s, and doctoral degrees than men. Yet they remain noticeably absent from STEM careers despite strong job growth in the past decade and solid projections for continued growth. There’s a lot of incentive: according to Forbes, careers in STEM industries offer better compensation and more career advancement opportunities. In fact, women who hold STEM positions earn 92 cents to the dollar versus 77 cents for women in other fields.
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Millennials, the next generation of leaders, ranks quality of life – their own and others’ – highly. This defining perspective will change organizational paradigms around the world within the next decade.
Is recognition the holy grail of employee engagement and corporate success? It’s become an article of faith in the last decade or so and the subject of a lot of research.
I recently had the opportunity to hear a true agent of change share a compelling case for the need to redefine what it means to be successful in today’s world. Arianna Huffington, Chair, President and Editor-in-Chief, The Huffington Post Media Group, shared a detailed roadmap for positive lifestyle change during her keynote speech at the inaugural Quality of Life Conference. She had just come from the funeral of Sheryl Sandberg’s husband, Dave Goldberg, and she posed the question: “Why is it that our eulogies are so different from our resumes?” People’s resumes often bear little resemblance to their eulogies. We are not spending our days aligned with the values people will remember us for.
According to a The Gallup Organization’s Twelve Elements of Great Managing, praise and recognition are essential building blocks of great workplaces but unfortunately these are the same elements that consistently receive the lowest ratings from employees. Therefore, I guess it is not surprising that Gallup also found only 13% of employees worldwide feel truly engaged at work. Getting the best performance out of your employees means keeping them engaged. The bottom line is that when employees feel truly valued and appreciated, they are more productive, serve your customers better and are more likely to stay with the company. I often work with companies that want to achieve a higher level of employee engagement but think the costs associated with implementing an employee recognition program will be prohibitive. I always tell them the same thing – Employee recognition is not a cost or expense; it is an investment in the growth and development of your business.
Given employees’ busy and demanding lives, sleep is a necessity—but its importance is all too often overlooked. Getting enough sleep is an essential part of a healthy lifestyle, and can benefit your heart, weight, mind and more. Yet, it is estimated that around 30% of adults don’t get enough sleep. According to a 2008 National Sleep Foundation poll, almost a third of American employees report that daytime sleepiness interferes with their daily activities at least a few days each month. In fact, sleep loss affects so many adults that the Centers for Disease Control and Prevention has labeled insufficient sleep a public health epidemic.
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Modern technology and the expanding global economy have erased what was once a clear delineation between the demands of the office and the responsibilities of home. The pace of work combined with professional obligations routinely impose on time that was historically dedicated to family life. The result is employees who feel stressed, frustrated and overwhelmed.
Check out any recent employee engagement survey and the news is the same—engagement is at all all-time low. Both APA and Aon recently released studies that indicate employees are feeling stressed and disengaged from their work. Much of this can be attributed to challenging work environments with employees being asked to do more with fewer resources. So how can employers begin to reenergize and reengage their workforces?
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Recognition is a key engagement driver for employees but it can come in many forms including awards, money and praise. The question for companies is which is the most important? Or what combination will influence and motivate peak performance and the behaviors crucial to corporate success?
One of the essential qualities of any strong leader is the ability to continually look forward and ask the question: What’s next? The truth of the matter is that these days building a successful business is so much more than strategy and operational savvy; it’s now also about cultivating an environment where employees can thrive.
If you’re running a company and you happened to skim Gallup’s recently-released State of the American Workplace report, you perhaps have alegitimate reason to worry about the future. It finds that, of the approximately 100 million people in America who are employed full-time, only 30 percent are engaged and inspired at work. That means 70 million people in this country are either “actively disengaged.” Or, only slightly better, they are just not engaged. Put more plainly, employees have checked out.
With most of the country in a deep freeze this winter – a day off from work or school due to inclement weather may mean sleeping in late, playing in the snow or enjoying a warm drink by the fireplace. However with an abundance of communication tools and technology, a snow day might mean you checking email or holding a conference call in the kitchen as you watch neighborhood kids build snowmen or your significant other clear the driveway. For those of you without electricity, it may mean making your way to a local coffee shop with power and WIFI to work on a major project.
When reading about business trends, we tend to think about them in terms of the distant future. However, with studies showing that only 30 percent of Americans are engaged at work and billions of dollars are lost in productivity as a result, it would appear that businesses need to start looking for possible solutions now. That’s why our 2014 Workplace Trends Report is a timely, valuable tool for companies to examine ways to create a work experience where employees are energized, engaged and productive.