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Employee Engagement: One Friday Factoid #35

Money Matters

Annual net income for the top 25% organizations on engagement is about 2 times more than for the bottom 25% organizations on engagement. (Kenexa)

Employee engagement make an income difference so lets stop with the engagement talk and get busy engaging.

David Zinger Employee Engagement Speaker and Expert

David Zinger is a Canadian Employee Engagement Speaker and global expert on engagement  dedicated to turning the noun of engagement into the verb of engage.

Friday Employee Engagement Factoid #34: On the Lookout

On the lookout

Employee Engagement Recognition

A study of over 1,700 employees conducted in 2012 by the American Psychological Association (APA) indicated that more than half of all employees intended to search for new jobs because they felt under appreciated and undervalued. http://www.apa.org/news/press/releases/phwa/workplace-survey.pdf

Commentary

Perhaps the quickest way to get rid of someone is not to fire them but to not value or appreciate them. The problem is, we may not want to get rid of someone but they get rid of us.

David Zinger is a global employee engagement expert who uses the pyramid of employee engagement to help managers with engagement.

Friday Employee Engagement Factoid #33: Performance

The 15% Gap

20 20 20

Most organizations need a 20% performance improvement to meet goals across the next year. But conventional performance management can only improve productivity by up to 5%. The key to achieving breakthrough performance is to focus on building employees’ enterprise contribution – the sum of individual task performance and network performance. (Source)

Commentary

We need to engage all employees better in performance management while also striving to make employee engagement more engaging. Does your performance management system connect, excite, energize, and engage? Does it improve both people and performance?

David Zinger is a global employee engagement speaker and expert who teachers the pyramid of employee engagement to help managers and organizations increase engagement, performance, and results.

Friday Factoid #32: Priority but no Strategy

Yeah employee engagement is important but…

Employee Engagement Model Zinger 2011

The majority (79%) of respondents rate employee engagement as a high priority, but only 41% have an employee engagement strategy in place, according to research by YouForce.  (Source)

Commentary

There is a gap between belief and action on employee engagement. It is rated as a priority but only half of those who rate employee engagement as a priority have a strategy. Now that’s a true lack of engagement with engagement!

David Zinger is a global employee engagement speaker and expert who uses the pyramid of employee engagement to help managers and organizations increase engagement.

Friday Factoid #31: Don’t Just Manage Employee Engagement, Engage Managers

Employee engagement: The strength of one and the power of many

Strenth Block Develop Others

80% of employees dissatisfied with their direct managers were disengaged.  http://www.dalecarnegie.com/employee-engagement/engaged-employees-infographic/

Commentary

Managers have a significant influence on engagement. When we improve the engagement of managers not only do we benefit by having more engaged managers we also improve the engagement of their direct reports. Don’t just manage employee engagement, ensure your managers are fully engaged.

David Zinger is a global employee engagement speaker and expert who uses the pyramid of employee engagement to help managers and organizations increase engagement.

Friday Factoid #30: India, Employee Engagement, and Wellbeing

Wellbeing dipping in India

Udaipur picture India

Just 10% of India’s workforce are thriving. From Is India Having a Crisis of Soul? by Deepak Chopra and Jim Clifton in the Huffington Post. 

Commentary

One of my biggest lessons from visiting India earlier this year was that there is no one India, there are many “Indias”. As India moves towards 2020, I trust there will be a greater experience of thriving in the workplace when engagement is done powerfully, authentically, and for the benefit of all.

David Zinger is a global employee engagement expert who uses the pyramid of employee engagement to help managers and organizations increase engagement.

Friday Factoid #29: Employee Engagement and Cost Reduction

What does cost reduction cost us?

220px-Canadian_Penny_-_Obverse

47% of companies surveyed in a cost reduction and engagement survey by AON Hewitt reported a  decline in employee trust as a result of the way in which they managed cost reductions. From page 19 of The Flat Army by Dan Pontefract

Commentary

Trust is a huge issue in employee engagement and we must watch all we do for the impact on trust. Cost reduction can cost us trust. How do you achieve cost reduction will maintaining or perhaps even improving trust within your organization?

David Zinger is a global employee engagement expert who uses the pyramid of employee engagement to help managers and organizations increase engagement.

Employee Engagement Friday Factoid #25: Knowledge Workers

Is your knowledge working?

Knowledge workers have driven more than 70% of the economic growth in the United States over the past three decades. (Oracle Business Impact of Talent Intelligence)

Commentary

We work in the age of knowledge workers. Are you tapping into your workers’ knowledge to assess, improve, and enhance engagement? I encourage you to use your knowledge workers to drive the growth of your employee engagement efforts. To get a knowledgeable start: ask, don’t tell.

David Zinger is a global employee engagement expert who in 2013 has already done engagement work in Delhi, Mumbai, Pune, Berlin, Prague and New York. Contact him today for education, speeches, consulting or coaching on engagement.

 

Employee Engagement Friday Factoid #20: $2246 lost per Disengaged Employee

Dollars being disengaged from our organizations

Drain of Disengagement

Each disengaged employee is estimated to cost an organization $2246. (source)

Commentary

Employee engagement is more than simple economics and there are many important issues including the bottom line but we can’t let disengaged employees be a drain of the organizational resources.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement. The top of the pyramid is focused on achieving results and this embraces the important economic results  an organization much achieve for viability or profitability.

Employee Engagement Friday Factoid 16# : Going Mobile

1.3 billion mobile workers by 2015

By 2015, 1.3 billion people worldwide will be working remotely. That’s almost 40% of the entire global workforce.  (Bring Nomadic Employees Back to the Mothership by Philip Tidd ).

Commentary

How do we engage with everyone on the go. Imagine our world in just two years when 40% of our entire global workforce is mobile!

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

 

Employee Engagement Friday Factoid #15: Wandering Mind

Turn wandering into wondering

A 2010 study of 2,250 adults by two Harvard University psychologists found that people’s minds wander an astounding 47 per cent of the time. http://www.corporateknights.com/article/zen-and-art-work

Commentary

How much of our engagement with work and with others just wanders off with a mind that is challenged to stay focused. Can you change your wandering mind into a wondering mind?

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

 

Employee Engagement Friday Factoid #14: Effective Use of Social Media

Effective social media use needs to increase

Although 79% of the 2,100 companies surveyed are either using or planning to use social media channels, a measly 12% of those firms feel that they are using them effectively. HBR Survey: http://hbr.org/web/slideshows/social-media-what-most-companies-dont-know/2-slide

Commentary

Just because we have usage does not mean that we have effective usage. What would make for effective usage to enhance and increase employee engagement through the use of social media?

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

 

Employee Engagement Friday Factoid #13: 1.3 Billion Mobile Workers by 2015

On the go

By 2015, 1.3 billion people worldwide will be working remotely. That’s almost 40% of the entire global workforce.  (Bring Nomadic Employees Back to the Mothership by Philip Tidd ).

Commentary

How do we engage when everyone is on the go? How do we change the way we work and connect to still make sure we have strong connections to our work and each other?

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement Friday Factoid #11: Meaning more than Money

Motivation: Money, Meaning or Recognition

Doing something meaningful is more important than money or recognition to your employees. 29% of respondents said that doing something meaningful was the most motivating thing about work. Money motivated 25%, and recognition 17%.

Commentary

Although meaning trumped money it is probably best to hedge our bets by attending to the meaning, money, and recognition at work.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement Friday Factoid #10: Employees Trust Strangers More Than Bosses

Trust is a must or work is a bust

The results indicate that the majority of respondents trust a stranger more than they trust their boss. About 44% for bosses and 58% for strangers. From the Managing Talent in Troubled Time HBR report.

Commentary

Clearly many of us have work to do to build a level of trust and it certainly does not mean acting like a stranger when you are someone’s boss.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement Friday Factoid #8: Social Media Wasteland

Zinger Friday Factoid #8: Employee Social Media Wasteland?

Each social media user, according to learnstuff.com costs their company $4452.00 every year. (http://www.learnstuff.com/social-media-at-work/)

Commentary

When it comes to social media in an organization it is good to have an open mind but not so open that your brains fall out. I like this factoid because it makes us think about the potential waste and drain to an organization because of employee involvement in social media. On the other hand social media can be a brilliant tool to enhance results, performance, interpersonal connection, and recognition. What do we need to do to ensure that social media is a contributor not a cost?

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement Friday Factoid #7: High Performance Companies

Zinger Friday Factoid #7: Becoming a High Performance Company

High performing companies demonstrate the value they place on their people by

  • being open and honest in communications (65 per cent favorable, +10 over the general industry norm)
  • showing concern for employees’ health and safety (80 per cent, +5).
  • taking employee interests into account when making decisions (66 per cent, +11)
  • informing employees of reasons behind decisions that affect them (61 per cent, +11).

From the Hay Group High Performing White Paper 2012.


Commentary

To foster high performance and strong engagement the pathway resides in open and honest communication, concern for employee health and safety, factoring in employee interests when making decision and letting employees know the reasons behind decisions that affect them.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement Friday Factoid #6: Canadian Wellbeing

Zinger Friday Factoid: Economics and Wellbeing in Canada

The second Canadian Index of Wellbeing (CIW) composite report shows in the seventeen year period from 1994 to 2010, Canada’s Gross Domestic Product (GDP) grew by a robust 28.9% while our quality of life only improved by a very modest 5.7%. Further, it reveals Canadian wellbeing dropped by 24% between 2008 and 2010 and the decline in our wellbeing continues despite subsequent economic recovery. (https://uwaterloo.ca/canadian-index-wellbeing/)


Commentary

These facts indicate to me that economic development is not sustainable without wellbeing development. When I think of employee engagement, I always think of employee engagement for the benefit of all. These facts indicate that this is broken. We need to create a stronger bond between economics and wellbeing for the good of employees, individuals, families, organizations, the economy, and out country.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.

Employee Engagement: Your Friday Factoid #1

Zinger Friday  Factoid

Hewitt reported a few years back, ” the analysis found that organizations with high engagement are 78 percent more productive and 40 percent more profitable than those organizations with low levels of engagement. Those with disengaged employees had an average profit loss of $8,000 to $10,000 profit each year for each disengaged employee. 

Commentary

Employee engagement is so much more than a free lunch or a happy YouTube recruiting dance. It is big business and big in business when disengagement results in a profit loss of up to $10,000 for each disengaged employee. We must be mindful of our numbers and not let disengaged employees become numb to their impact. If you are a manager know that it may be well worth your effort and time to work at transforming a disengaged employee into an engaged employee.

David Zinger is a global employee engagement expert who uses the Pyramid of Employee Engagement to help organizations and individuals achieve full engagement.