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Brief introduction to Employee Engagement

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  • * Stats from Terryberry
  • * Gallup Biannual Poll of Australian workers 2008
  • * Stats from Terryberry

    1. 1. Profitable PersonnelSpecialists in employee performance and selection www.profitablepersonnel.com (08) 9404 6027
    2. 2. What is employee engagement/ disengagement? “Engagement is defined as a positive, enthusiastic, and affective connection with work that motivates an employee to invest in getting the job done, not just “well” but “with excellence.” ** 21st Century Multi Generational Workforce
    3. 3. Why employees are not engaged ? Key performance indicators unclear  Work conditions not conducive to productivity Training/development not applicable  No career path  No voice or input into role/objectives
    4. 4. Employee disengagement means…  Reduced Profits  Higher Costs  Lower productivity  Reduced competitive advantage  Higher staff turnover  More sick days and stress leave
    5. 5. The cost of disengagement ……Disengagement iscosting Australiancompanies over$33 Billion a year ** Gallup Biannual Poll of Australian workers 2008
    6. 6. The cost of disengagement to you…… 21% of Australian employees are disengaged *That amounts to over 1/5 of your salary cost beingpaid to staff who are not working in the interest ofthe organisation * Gallup Biannual Poll of Australian workers 2008
    7. 7. The cost of disengagement to you……A disengaged employee costs a company $3400for every $10,000 of their salary per annum. That’s $20,400 in wasted salary for a $60,000 per year position
    8. 8. The cost of disengagement adds up……70% of disengaged staff will leave within a 12month period It costs between 30% and 150% of their salary to replace them (recruitment costs, training new staff, lost IP etc)
    9. 9. Employee Satisfaction and EngagementDrives Employee and Company Performance
    10. 10. Employee engagement means… 27% higher profits  50% higher sales  50% higher customer loyalty  38% above average productivity Disengagement means lost $$$* Reference from Terryberry
    11. 11. So how do you know if your staff are engaged?
    12. 12. Profitable Personnels uniqueEngagement Survey allows you to; 1. Identify who is engaged and who is not 2. Identify the causes of the disengagement 3. Identify the true costs of disengagement to your company by analysing profitability and performance ratio 4. Identifies the actions required to increase engagement, improve productivity and your profitability
    13. 13. The engagement survey helps by; 1. Allowing you to focus your attention on the areas that require change so you can get immediate result. 2. Allows you to focus your attention on the individuals who are disengaged and the ones who are potentially causing the disengagement with their behaviour, to reduce staff turnover 3. Identifies areas where productivity may be reduced, which is increasing your costs and reducing your profitability 4. Provides you with clear recommendations and an action plan that is followed will allow you to reduce your costs and increase productivity saving you $$$
    14. 14. What is Our Engagement Financial Audit?This is an audit that looks at your companyinformation and compares it to industry research andkey statistics to show you the potential cost of staffdisengagement on your business
    15. 15. What our clients say :What our clients say Since engaging PROFITABLE PERSONNEL services18 months ago, the profitability of my company has increased substantially. Profitable personnels professional and thorough service and continued monitoring of my employees has resulted in all staff being more engaged. We are now well above target to reach our goal of less than 10% staff turnover per annum, thanks to profitable personnel. Mike Ayris Managing director Downhole Surveys
    16. 16. “The survey validated objectively what I already know and allowed me to focus my energy on the areas and individuals that really needed improving” Carol Pearce General Manager Ferguson Seacabs
    17. 17. “In the end, all business operations can be reduced to three words: people, product and profits. Unless youve got a good team, you cant do much with the other two.” Lee Lacocca Contact Us Dean Keating Business Development Manager dean@profitablepersonnel.com.au Mobile: 0415 534204 ‘ “70% of businesses fail due to the owner not recognizing weaknesses in the business and not seeking help” Murray Priestly, The Business Autopilot programme