June 29, 2010

Why Input Ladder?

The Reality: Not Receiving Employee Feedback is Expensive

Lost productivity from disengaged employees costs the US economy approximately $370 BILLION each year. (Gallup)

According to a recent survey, nearly 70% of engaged employees have a good understanding of how to meet customer needs while less than 18% of non-engaged employees say the same. (Wright Management)

Nearly 78% of engaged employees would recommend their company’s products of services, compared to approximately 13% of disengaged employees. (Gallup)

According to a global sample of 60 companies and organizations, the Corporate Leadership Council (CLC) determined that over 80% of senior human resources (HR) professionals view employee engagement was a high priority for 2009. Private sector HR managers of senior levels state that the primary challenge they currently face involves employee engagement.

Nearly 86% of engaged employees say they very often feel happy at work, opposed to11% of the disengaged employees. Approximately 45% of engaged employees say they receive a great deal of their life happiness from work-related interactions, as opposed to 8% of disengaged employees. (Gallup)

A report from Accenture determined that less than half of all chief financial officers (CFOs) appear to understand the return on their investments in human capital. (Accenture)

Approximately 75% of managers and leaders have no plan or strategy for employee engagement despite that 90% of them say engagement impacts on business success. (ACCOR)

 And the list goes on and on…

Source: Human Resources Employee Engagement Statistics

CLICK HERE to learn how Input Ladder’s employee feedback software tools and customer engagement tools help companies and organizations improve profits, productivity and company culture.