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ARE YOUR
EMPLOYEES
HAPPY?
Studies show that Financial
incentives aren't enough to
make for highly productive
employees.
employee satisfaction rose 37% as a result of
initiatives—suggesting that financial incentives
aren't enough to make for highly productive
employees.
At Google,
WHAT’S THE
COST OF
HIGH
ATTRITION
RATE
?
Nearly 70 % of employees were not actively
engaged in their work. These employees cost
employers approximately $500 billion in lost
work, money, and time every year.
This isn’t just affecting large companies – small
companies and start-ups can acutely feel the
effects of disengaged employees.
Gallup’s state of the
American workplace
report for 2012 cited
a disturbing trend in
the workforce.
LET’S LOOK AT
BANK OF BARODA
PRODUCTIVITY
DID YOU KNOW ?
So assuming there is a
5% increase in
employee productivity,
the business per
employee can jump
84 lakhs per year
Total Business (in Crore) 9,57,808
Total Employees as 52021
on 31st March 2016
Business per Employee (in Crore) 16.8
*SOURCE: AUDITED ANNUAL REPORT BOB
BANK OF BARODA
Let us look at
the various
factors that
help in
increasing
employee
satisfaction,
effectiveness
and reducing
attrition
J&J’s leaders estimate that
wellness programs have
cumulatively saved the
company $250 million on
health care costs over the
past decade; from 2002 to
2008, the return was $2.71
for every dollar spent.
HEALTH FACTOR
A recent study by
economists at the University
of Warwick found that
Employees who were socially
more active , were happier
and it led to 12 % spike in
productivity, while unhappy
workers proved 10% less
productive.
Social Connect
In 2006, the accounting
firm Ernst & Young did an
internal study of its
employees and found that
for each additional 10 hours
of vacation employees
took, their year end
performance ratings from
supervisors (on a scale of
one to five) improved by
8%.
VACATIONS
The main goal of team-building
is to improve productivity and
motivation.. Experiential
activities are a proven tool to
help your people.
Team Building
LETS TAKE A
MINIMUM
APPROXIMATE
ANNUAL COST
FOR
INCREASING
EMPLOYEE
PRODUCTIVITY
Health & Fitness : Rs 65000- Rs 80,000/- (couple)
Social Outings and Special Occasions : Rs. 2,00,000/- (Family of 4)
Vacations (Domestic vacations 3-4,Family of 4) Rs. 2,50,000/-
Events : (2 -3 events, family of 4 ) Rs. 50,000/-
Total : Rs.5,80,000/-
Lets compare the cost on employee
investments individually and a Country Club
membership
COUNTRY CLUB MEMBERSHIP AT HALF THE
COST OF INVESTMENT IN EACH EMPLOYEE
AND YET DOUBLE THE PRODUCTIVITY
Lets take a minimum
approximate annual cost
for increasing employee
productivity
HEALTH & FITNESS RS 65000 - RS 80,000/-
(COUPLE)
FREE
FULL FAMILY
SOCIAL OUTINGS
Rs. 2,00,000/- (Family of 4)
Vacations
(Domestic vacations 3-4,Family of
Cost effective vacations at the
best tourist destinations
Rs. 2,50,000/-
(2 -3 events, family of 4 )
Rs. 50,000/-
Rs.5,80,000/- Annually
Free entry to all numerous
events/ festivals FULL FAMILY
Rs 1,50,000/- Lifetime
Unlimited
FULL FAMILY
EVENTS
TOTAL
Country Club
Rs.5,80,000/-Annually
Rs1,50,000/-Lifetime
1 L
2 L
3 L
4 L
5 L
6 L
SAVINGS TO YOUR COMPANY
§ Approximate Savings : Rs 4,30,000/-
per employee per year.
§ Nearly 75% savings on each employee
in the first year. From the 2nd year
nearly100% savings
1st Year
75% Save
2nd Year
100% Save
TO CONCLUDE
SMART COMPANIES RECOGINZE
THEIR EMPLOYEES AS THEIR
GREATEST ADVANTAGE.

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Employee effective bob

  • 2. Studies show that Financial incentives aren't enough to make for highly productive employees.
  • 3. employee satisfaction rose 37% as a result of initiatives—suggesting that financial incentives aren't enough to make for highly productive employees. At Google,
  • 5. Nearly 70 % of employees were not actively engaged in their work. These employees cost employers approximately $500 billion in lost work, money, and time every year. This isn’t just affecting large companies – small companies and start-ups can acutely feel the effects of disengaged employees. Gallup’s state of the American workplace report for 2012 cited a disturbing trend in the workforce.
  • 6. LET’S LOOK AT BANK OF BARODA PRODUCTIVITY
  • 7. DID YOU KNOW ? So assuming there is a 5% increase in employee productivity, the business per employee can jump 84 lakhs per year Total Business (in Crore) 9,57,808 Total Employees as 52021 on 31st March 2016 Business per Employee (in Crore) 16.8 *SOURCE: AUDITED ANNUAL REPORT BOB BANK OF BARODA
  • 8. Let us look at the various factors that help in increasing employee satisfaction, effectiveness and reducing attrition
  • 9. J&J’s leaders estimate that wellness programs have cumulatively saved the company $250 million on health care costs over the past decade; from 2002 to 2008, the return was $2.71 for every dollar spent. HEALTH FACTOR
  • 10. A recent study by economists at the University of Warwick found that Employees who were socially more active , were happier and it led to 12 % spike in productivity, while unhappy workers proved 10% less productive. Social Connect
  • 11. In 2006, the accounting firm Ernst & Young did an internal study of its employees and found that for each additional 10 hours of vacation employees took, their year end performance ratings from supervisors (on a scale of one to five) improved by 8%. VACATIONS
  • 12. The main goal of team-building is to improve productivity and motivation.. Experiential activities are a proven tool to help your people. Team Building
  • 13.
  • 14. LETS TAKE A MINIMUM APPROXIMATE ANNUAL COST FOR INCREASING EMPLOYEE PRODUCTIVITY
  • 15. Health & Fitness : Rs 65000- Rs 80,000/- (couple) Social Outings and Special Occasions : Rs. 2,00,000/- (Family of 4) Vacations (Domestic vacations 3-4,Family of 4) Rs. 2,50,000/- Events : (2 -3 events, family of 4 ) Rs. 50,000/- Total : Rs.5,80,000/-
  • 16. Lets compare the cost on employee investments individually and a Country Club membership COUNTRY CLUB MEMBERSHIP AT HALF THE COST OF INVESTMENT IN EACH EMPLOYEE AND YET DOUBLE THE PRODUCTIVITY
  • 17. Lets take a minimum approximate annual cost for increasing employee productivity
  • 18. HEALTH & FITNESS RS 65000 - RS 80,000/- (COUPLE) FREE FULL FAMILY SOCIAL OUTINGS Rs. 2,00,000/- (Family of 4) Vacations (Domestic vacations 3-4,Family of Cost effective vacations at the best tourist destinations Rs. 2,50,000/- (2 -3 events, family of 4 ) Rs. 50,000/- Rs.5,80,000/- Annually Free entry to all numerous events/ festivals FULL FAMILY Rs 1,50,000/- Lifetime Unlimited FULL FAMILY EVENTS TOTAL Country Club Rs.5,80,000/-Annually Rs1,50,000/-Lifetime 1 L 2 L 3 L 4 L 5 L 6 L
  • 19. SAVINGS TO YOUR COMPANY § Approximate Savings : Rs 4,30,000/- per employee per year. § Nearly 75% savings on each employee in the first year. From the 2nd year nearly100% savings 1st Year 75% Save 2nd Year 100% Save
  • 20. TO CONCLUDE SMART COMPANIES RECOGINZE THEIR EMPLOYEES AS THEIR GREATEST ADVANTAGE.