Employee engagement has been the topic of several posts, including our previous one; and according to recent data, is on the priority list for most organizational leaders.
But it is less common to hear people speak in specific terms about the real, often hidden, costs associated with disengagement.
In a recent blog post, Conway Management Company shared data indicating that “disengaged employees create a negative and expensive ripple effect throughout an organization, and drive-up costs in five specific ways.”
- Higher turnover
- Lower productivity and profitability
- Little or no process improvement
- Higher pay
- Lost opportunities
Read the full article…