Disengaged staff 'hitting profits'.
Position | INFORM - Brief article |
Large organisations could be damaging their profitability by failing to motivate workers, with only a quarter of their employees agreeing that they are "highly engaged" with their jobs, new research suggests.
A survey of 200 companies employing more than 1,000 people each by US consulting firm Temkin Group has found that fewer than half of businesses place a high priority on taking action as a result of feedback from employees.
"The lack of a clear engagement strategy and the narrow reach of engagement activities contribute to fewer than 25 per cent of organisations earning 'strong' or 'very strong' scores on our employee engagement competency assessment," Temkin Group said.
A report based on the survey suggests that companies with such poor employee engagement could suffer a negative impact on their bottom lines.
[ILLUSTRATION OMITTED]
"When we compared companies with...
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