Resource posted by: Ryan Scott
Created on: July 29, 2012
Even the fully employed are, most likely, not fully engaged in their work. In fact, a 2011 Gallup survey shows that some 71% of American workers are not engaged in their current positions, with 19% of the workforce "actively disengaged." These numbers come close to breaking records, so if employee engagement isn't something you're actively developing in yourcompany, you may be underestimating the high price of disengagement.
Replacing an employeecan set a company back more than three times the employee's annual salary, costing the overall economy more than $350 billion every year, according to a Gallup report. The same study showed that engagedorganizations have 3.9 times the earnings per share growth rate compared to organizations with lower engagement in their same industry. All of which explains why - according to The Economist - 84% of senior leaders report that disengaged employees are one of the three biggest threats facing their business.
The good news is that companies are discovering a surefire way to increase employee engagement: corporate volunteer programs. These programs allow employers to connect with their workforces by supporting charitable pursuits important to their employees.
How does workplace volunteering translate into better workplace engagement? In this report learn how employee volunteer programs increase employee engagement.