Employees failing to provide your business with a distinct competitive advantage?The loss of talented, high performing employees is expensive for a small business. Some estimate the cost to be between 50 and 150% of the employee’s salary when recruitment, training, lost productivity, customer dissatisfaction, reduced or lost business and lost expertise are taken into account. Even more costly is having a percentage of your workforce that has little connection to their work and performs accordingly. Engaged employees go the extra mile because they choose to. They are internally driven to continuously improve. They bring a personal work ethic to their job that motivates them to offer up their discretionary effort. You will struggle to compete with a rival that has highly engaged employees if yours are disengaged – a New Zealand survey compared the financial performance of organisations with engaged and disengaged workers and found a remarkable 600% difference in the return on assets and over 250% difference in the earnings per employee! When presented with the right opportunities in the right environment employees will choose to work hard and deliver great results to ensure the business succeeds. We understand the workplace factors that influence employee engagement and productivity such as:
Maximise the engagement of your employees with our performance services. |
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