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High Cost Of Unhappy Employees [Infographic]

Posted by Confessions of the Professions in Confessions

Lisa Chatroop

http://www.good.co/

 

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High Business Costs Due To Disengaged Employees

Unhappy Employee

Anyone who’s ever been disengaged at work knows the symptoms: unhappiness, lack of motivation, decrease in creativity and productivity, a high level of apathy, and feeling like “a cog in the machine”. It’s clear that low engagement can dramatically affect the health and happiness of an employee, but just how much does it actually affect the employer?

Answer: a lot. According to a 2013 Gallup study, seven out of 10 workers in the US say they aren’t fully engaged at work, meaning they aren’t working to their fullest potential. The resulting loss of productivity is costing the US economy upwards of $450 billion each year, and has a huge impact on the overall bottom-line of companies.

The following infographic created by workplace happiness app Good.Co breaks down some of the most startling employee engagement statistics available, proving that companies who fail to invest in employee engagement can – and will – lose their competitive edge. With statistics like these, employers simply can’t afford to turn a blind eye towards disengaged employees – rather, they need to take steps to actively raise engagement within their workforce.

Please include attribution to Good.Co with this infographic.


High Cost Of Unhappy Employees [Infographic]

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This infographic originally appeared on the Good.Co blog


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THE HIGH COST OF UNHAPPY EMPLOYEES

THE PROBLEM

The American workplace is plagued with chronically low levels of engagement. Research shows that 7 out of every 10 US workers aren't working to their full potential - and it's affecting the American businesses more than they realize.

WHY INVEST IN COMPANY CULTURE?

An investment in company culture doesn't just improve employee satisfaction. Increased workplace happiness has far-reaching effects that impact every level of business.

PERFORMANCE

HAPPY EMPLOYEES HAVE:

INNOVATION

Research shows that engaged employees come up with more innovative ideas, create the most new business, and have the most entrepreneurial energy.

FINANCIAL

TURNOVER

Engaged employees are 87% less likely to leave the organization than the disengaged

HEALTH AND SAFETY

Companies with a highly engaged workforce have nearly 50% fewer accidents, 41% fewer quality defects and incur far less health care costs than their counterparts.

SOLUTIONS

  1. Screen All New Hires for Company Culture Fit
  2. Developer Company Wide Volunteer Initiatives
  3. Frequently Recognize Employees for Their Accomplishments - No Matter How Big or Small
  4. Emphasize Life/Work Balance
  5. Encourage Workplace Friendships
  6. Focus on Your Employees' Strengths

DECODING THE SCIENCE OF WORKPLACE HAPPINESS

Accessing culture fit doesn't have to be a costly and time-consuming endeavor. Good.co uses fun assessments backed by decades of psychometric research to create greater transparency for both job seekers and employers alike.

Find your perfect fit. Learn more at www.good.co.


About the Author

Lisa Chatroop is Marketing Manager at Good.Co and is passionate about helping people find workplace happiness through self-discovery. Discover your career personality type on the free Good.Co app, or say hello via Twitter: @inGoodCo.



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