The Life Oasis Increasing Profits by Improving Employee Engagement| By Jacque Huynh Schaeffer
Oct 28, 2014
The Life OasisIncreasing Profits by Improving Employee Engagement| By Jacque
Huynh Schaeffer
The State of the American Workplace
According to the 2013 Gallup poll:
The country’s employees will be twice as effective and help companies grow, “when leaders in the United States of America—or any country for that matter—wake up one morning and say collectively, ‘Let’s get rid of managers from hell, double the number of great mangers and engaged employees, and have those managers lead based on what actually matters.’”
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The State of the American Workplace Of the 100 Million Americans who hold full-time jobs:
30% are engaged and inspired at work (The have great bosses/managers)
20% are actively disengaged (Have poor managers and are actively spreading discontent).
50% are not engaged (They are present, but not inspired by their work or their managers).
70% of workers are not reaching their full potential.
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The Cost of Poor Management and Employee Disengagement
$450 Billion to $550 Billion Annually
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The Best and The Worst The top 25% of teams (the best managed) versus the
bottom 25% (the worst managed) have nearly: 50% Fewer Accidents 40% Fewer Quality Defects Far Less in Healthcare costs.
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How The Company Benefits from Engaged Employees
30% of Engaged Employees:
Come up with the most innovative ideas.
Creates most of a company’s new customers.
Have the most entrepreneurial energy.
Higher productivity. Higher profitability. Higher customer ratings. Less turnover. Lower absenteeism.
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Higher Earnings Per Share (EPS) Companies with engaged workforces have higher EPS’s and seem to
have recovered from the recession at a faster rate: 9.3 engaged employees per 1 actively disengage employee=147% higher
EPS 2.6 engaged employees per 1 actively disengaged employee=2% lower
EPS
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Choosing the Right Managers Matter
• How employees are managed can significantly influence their engagement and well-being, which in-turn affects an organizations bottom line.
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Energy Assessments Help to identify coachable managers who can in-turn manage and
inspire their workforce. Underperformance could be as simple as giving your managers new tools
with which to manage. Executive Coaching resulted in ROI, averaging $100,000.00 or 5.7 times
the investment, (Manchester Consulting Group Study of Fortune 100 executives).
Help to identify managers who need to be re-assigned to a different department or position.
Create a safe place for employees to discuss important issues.
Help to create systems to improve productivity, employee engagement, and company profitability.
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2-Hour Complimentary Preliminary Assessment An overview of employee
engagement.
Discovery session with key management to determine opportunities to improve employee engagement.
Productivity, profitability, and employee engagement analysis.
Create happier and engaged employees, lower costs, increase profitability, and sustained growth and scalability.
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Q & A
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One Last Thing… Remember to focus on your employees strengths.
Teams that focus on strengths have 12.5% greater productivity, greater profitability, and higher quality of work.
Managers who are trained to focus on employees’ strengths could easily double the number of engaged employees in the workplace.
Studies also show that the more hours Americans are able to use their strengths, less likely they are to report experiencing worry, stress, anger, sadness, or physical pain during the previous day.
This can relate to a 41% lower health-related costs.
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Thank YouThe Life Oasis