14 May The Cost of a Disengaged Workplace
The Cost of a Disengaged Workplace
Hubb Consultants understands the employees are the backbone of any workspace.
Keeping your staff engaged and lively has remarkable effects on the businesses efficiency, productivity and prosperity; just as having a lack of engagement has its effects on the downfall of productivity. Are you noticing a lack of engagement and participation from a, or a few, staff members? If the answer is yes, it is time to be proactive and address the issue as your business is on the line.
What’s it costing you?
A non-engaged workforce refers to those who arrive to do their work, yet do not feel committed to achieving results. The cost of labour in Australia since the year 2000 has increased by a staggering 70% with the cost of employee disengagement estimated at roughly $70 billion AUD annually (Engineers Australia, 2016).
How to fix it.
Are you seeing this costing you?
The first step to avoid unnecessary costs and a spiralling down productivity chain is to simply talk to your employees. Having the discussion with them about the way they are feeling is essential in, not only protecting your business but retaining your staff by valuing them. Grasping a better understanding of the situation and their future within your company is key, as it prepares you to either make one small change or make one large change.
After having the conversation and gaining the knowledge and understanding of your employee’s mindset, if you feel as if there is something you can do – do it. Suggesting time off or providing counselling and training are common options suggested by Hubb Consultants. This shows your initiative as a business and that you care about the wellbeing of your staff.
Actively aligning the staff’s work with the outcomes of your organisation is a product of employee education. If your staff understands how their role, no matter how small it is, creates revenue and successfully achieves goals, they will feel more encouragement and more crucial to the company.
Another key method of facilitating an increase in employee engagement is by conducting ‘Employee Engagement Surveys.’ These surveys can be used as a tool for you to understand what areas your company is lacking in engagement and why it is a concern.
Hubb Consultants firmly believe in the importance of a well-engaged workplace. All workplaces must provide all their employees with an enjoyable environment to achieve business and personal goals. Hubb Consultants stand by the belief that providing staff with a compelling reason to stay, gives you the competitive edge.
Contact Hubb Consultants to find out how your business can create an engaging workplace.