Understanding Employee Engagement

In this week’s episode, Chief Victory Officer, Eric Guy, delves into the intricacies of employee engagement and offers valuable insights on retaining your top performers.

Takeaways:
- Engagement extends beyond mere workplace satisfaction; it encompasses a profound emotional commitment to the company and its objectives.
- Engaged individuals exhibit emotional dedication to the company’s vision, fostering a sense of psychological ownership.
- Companies with engaged employees experience a 6% higher net profit margin, 22% increased productivity, and a 22% boost in profitability.
- 98% of CEOs overlook engagement data, neglecting its importance.
- If you want people to stay engaged, you must put them in positions where they are going to flourish.
- Employees should be matched behaviorally to positions that align with their core traits and strengths.
- Treat people the way they need to be treated for maximum productivity and efficiency.
- Disengaged managers contribute to a staggering annual cost of $90 billion in the United States.
- Employee turnover exacts a hefty price, causing an annual loss of $11 billion.

Quotes:

- “Take the initiative to pour into your people, and your people will pour back.”
- “Your people won’t be engaged through osmosis.”
- “People don’t quit their job, they quit their boss."
- “Treat people the way they need to be treated for maximum productivity and efficiency.”

MAKE THIS YOUR BEST DAY YET!