Gallup’s Post

Gallup's recent report reveals that unhappy workers could reduce global GDP by up to 9%, or $8.9 trillion. Only 23% of employees feel engaged at work, underscoring the importance of prioritizing employee well-being and morale. Interestingly, although the U.S. and Canada lead in engagement levels, they are also ranked second among employees experiencing daily stress. Prioritizing employee well-being isn't just ethical—it's essential for economic success. Let's create workplaces where employees can thrive. #EmployeeEngagement #WorkplaceWellbeing #GlobalEconomy #Leadership #Productivity

“In practical terms, let’s consider a corporation with an annual revenue of $5 million. Based on the industry average, their investment in leadership development could range from $50,000 to $250,000 per year.”https://lnkd.in/g6u8h-aH Now multiply that by the number of corporations in the United States, and you get billions yearly. Yet, the engagement figures above have been the same for multiple decades. What can be drawn from comparing the cost of leadership development to the impact leadership development has had on employee engagement over decades? What are your thoughts? That has led me to recommend a leadership paradigm shift, the Renaissance Leadership Odyssey. If you would like to know more, please message me directly for a discussion. Vic

What is the cost of disengagement to your organization?

62% of employees globally are “not engaged”. Not those who complain, openly voice dissatisfaction and actively challenge the status quo , but “quiet quitters” who spend week after week living with “whatever” and “it is what it is” 🤷 attitude. Whilst the former’s active engagement, albeit disruptive, shows a desire for improvement and is often a catalyst for positive change, the latter perpetuate a culture of mediocrity, where disengagement becomes normalised and accepted. Even more importantly, feeling like passive victims of the circumstances, not standing up for our beliefs and not living our values is the bleak fate no one deserves. Let’s keep reminding each other to live authentically, knowing we’ve done everything possible to live our best lives with purpose, meaning, passion and joy. #Gallup #careerdevelopment #LivingAuthentically #employeeengagement #ProfessionalIntegrity #NoRegrets #CareerCoaching

#BreakingNews: Australian employees’ intent to stay with their employer increased to 37.8 per cent from 35.4 per cent in Q3 of 2023, while overall business confidence increased for the first time in 2023 to reach 43.1 per cent, according to a Gartner survey. https://hubs.la/Q02lhhld0 #EmployeeRetention #WorkplaceSatisfaction #EmployeeEngagement

Since 2021, the ADP Research Institute has surveyed workers around the world to learn about their on-the-job experiences. Responses from nearly 35,000 workers in 18 countries give us a unique perspective on how change is affecting people in the workplace, data we publish in our annual People at Work report. This year, we illuminate the world’s journey through monumental change: A deep economic downturn, soaring inflation, and the rise of remote and hybrid work. Get the full People at Work report at www.ADPRI.org.

Globally mobile employees are positive about their jobs and workplaces. In our recent Vitality Study, 44% describe their work well-being as “excellent” or “very good,” up from 40% in 2022. And they are receptive to employers’ efforts to boost well-being. Organizations have an opportunity to enhance employees’ vitality to retain top performers abroad. Read more about the globally mobile workforce here: https://upl.inc/bdspik   #CignaHealthcare #GlobalWorkerProductivity #GlobalWorkerSupport #JobSatisfaction