GE has recognised the need for stronger collaboration tools to boost its productivity, but what about the human element?
Global brand Gallup delivers analytics to help leaders and organisations solve their most pressing problems. Combining more than 80 years of experience with its global reach, Gallup knows more about the attitudes and behaviors of employees, customers, students and citizens than any other organisation in the world and subsequently they have been watching the German market with growing concern over the past few years.
Gallup conducted their questions over the course of 2014 and quizzed 2212 adults covering a span of blue collared workers to employees. Selected by random digit sampling across a range of ages and full time vs part time the shocking results show that less than one fifth are engaged and 15% are actively disengaged.
Gallup estimates that this number translates into costing the German economy between 73 billion and 95 billion in lost productivity per year with the actively disengaged group undermining the hard work that their actively engaged coworkers are attempting to achieve.
Gallup has been monitoring the situation within the German marketplace since 2001, their findings also included:
Absenteeism among actively disengaged workers costs the country 252 euros per day and the absenteeism rate is 132% higher – 8.8 days vs 3.8.
Only 7% of disengaged workers strongly agreed that they would recommend their company as a place of work to family and friends. So that’s 93% who are potentially talking negatively about their brands. This can be compared to 68% of engaged workers.
24% of actively disengaged employees would recommend their company’s products or services to a family member or friend compared to 82% of engaged workers.
So the loss of potential earnings becomes far, far greater than the already extortionately high loss of 95 billion.
Gallup then went on to question the employees on loyalty and retainability. When asked if they planned to be with the company three years from now, 81% of the actively engaged employees agreed that they would, compared to 33% of actively disengaged employees.
76% of engaged employees strongly agreed that they intended to remain with their current employer for their entire career, compared to that of 14% of actively disengaged workers.
When costs have shown that replacing an employee can be as high as 1.5 times the employees salary retention really is the desired outcome for any company.
Finally, 83% of engaged employees enjoyed their last week at work contrasted with 5% of disengaged employees.
What is the major positive thing that these stats prove? Anyone in the practice of human productivity world knows this to be true anyway – that any leader or company owner can improve the performance and productivity of its staff by ensuring engagement at work.
It’s obvious from the stats above that an employee’s attitude is critical to their productivity.
Creating the right environment for productivity backed up by the same company ethos that is displayed across the management team can inspire and motivate the workers but change needs to be effected at a grass roots human level for change to occur within the organisation. Germany, we are here if you need us.