Gallup’s latest State of the Global Workplace: 2022 Report highlights some key figures we should be aware of as we move closer to 2023. Currently, Gallup states, 21% of employees are engaged at work and 33% of employees are thriving (i.e. engaged) in their overall wellbeing.
A study by the Conference Board on workplace engagement discovered that disengaged workers cost American businesses $450-550 billion annually. Disengaged employees are less responsible and accountable for their attitudes, behaviors, and motivations, and lower overall productivity and work quality.
Unsurprisingly considering the importance of employee engagement, according to the Performance Management Report, almost 48% of companies have started focusing on productivity and engagement rather than just development.
According to a SHRM survey of 3,000 workers, employees are happier with their employment and colleagues than with their managers.
Employees who perceive their companies to be transparent have 8.8x greater job satisfaction than employees who do not perceive their companies to be transparent. –2023 Future Forum Pulse: Winter Snapshot–
Despite businesses being behind on the uptake of effective comms practices, according to a report by Connected Culture employees who regularly communicate with one another are more productive.
Over three fourths of employees (76%) consider their workplace a community and nearly as many (72%) say it’s important for them to feel like part of a community at work. –Global Culture Report from the O.C. Tanner-
43% of employees want their employers to foster a more “pro-health” environment. –Mercer–
