We’re all familiar with this game, right? Often played at parties, it’s a great way to get to know someone or learn new things about old friends. Let’s apply it to increasing employee engagement, something that still eludes many HR leaders. Below we’ll share three stats that have come from news articles within the last few weeks. Then, it’s up to you to choose which two are true and which one is false.
- A Gallup poll found that 13% of workers are considered engaged.
- Companies lose $11 billion annually due to employee turnover.
- New research found 71% of companies are using technology and apps to increase engagement.
Think you know which one is false?
This first one’s true, sadly. This number fluctuates a bit from study to study, but it’s consistently lower than HR would like to believe. So, the bigger question becomes: what can you do about the other 87%? According to CareerBuilder’s 2015 Candidate Behavior Study, 75% your workforce is open to or actively searching for a new job. Not sure how to tell? Check out this Forbes article, Four Signs Someone is About to Quit.
Next up is our stat on lost profits. Right again. Can you even imagine what could be done with that money instead? What’s more troubling is that companies are remaining short-staffed for longer periods of time. A recent Randstad U.S. Workplace Trends report found that many HR leaders say qualified candidates are harder to come by these days.
That leaves us with our last statement, and it is indeed false. It might be wishful thinking that the majority of companies have incorporated technology into their employee engagement processes. In reality, only 29% currently do so (and even less so, only 9%, use mobile apps). Today’s engagement platforms can help you ensure your employees are happy, engaged and actively contributing to your company’s mission and culture.
I’d like to say that this game was fun, but my guess is that for those of you nodding your head in agreement over these truths, it probably wasn’t. The bad news? We’re halfway through the year. The good news? There’s six months left to make some changes this year. Let us help you. Here’s a good place to get started.