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According to a Gallup report, an engaged workforce boosts profitability by a commendable 21%. On the flip side, disengaged employees cost firms a whopping $550 billion each year. Additionally, an organization may suffer from high absenteeism rates or high turnover due to disengagement. Hence, achieving and sustaining employee engagement should rank high on a company’s to-do list. But how do companies figure out if their employees are truly engaged?
Accurately measuring employee engagement can be a complex task. However, by utilizing the right metrics, companies can effectively gauge the sentiment of their workforce and pinpoint areas that require improvement. Employee engagement metrics serve as quantifiable indicators that translate employee satisfaction into tangible numbers, providing a benchmark for implementing meaningful changes in the workplace. Discover 10 key employee engagement metrics that organizations can leverage to assess staff morale and make data-driven decisions.
What is Employee Engagement?
Employee engagement indicates employees’ commitment and dedication to their work and the organization. A high-performing attitude, a positive outlook toward business growth, and active involvement in decision-making characterize an engaged workforce.
Engaged employees are concerned about their job roles, responsibilities, and the company’s performance. They feel that their efforts make a difference. Plenty of information
