Employee engagement and recognition strategies have grown in importance for HR leads as a critical strategy for the management of employees and a major tool to boost motivation, happiness, commitment and outcomes.
 
But despite all of the positive articles you may have read about the benefits of such an approach, you may still not be 100% sure that a specific engagement program will work in your business or will deliver those tangible benefits that are claimed they can deliver.

So, if you're one of those people, here are 10 stats based on research and studies which show just how powerful a successful employee engagement and recognition strategy can be.

A systemic problem

A study by CBI found that just 12% of the businesses it quizzed reported that they were happy with the current levels of employee engagement within their organisation.

A greater work ethic

According to a study by One4all, two in five workers they questioned said they’d actively look to work harder in their current job if they were happier with their current role and place of work.

Feedback matters

Towers Watson found that employees who receive regular feedback from their employers are more than twice as engaged as employees who receive little to no feedback at all.

A recruitment question

Nearly half of businesses quizzed in another CBI study said they believed higher levels of employee engagement would improve their ability to retain employees, with 36% saying it would also benefit their recruitment efforts.

A greater purpose

Work for Good uncovered that a massive 93% of employees working for nonprofits were actively engaged in their work, triple the average employee engagement rate in the US.

Vision alignment

Staff who are offered a range of easily-accessible work benefits tend to be more aligned with an organisation’s overall vision and values. According to Thomsons Online Benefits, 80% of those who felt they had a good variety of benefits identified strongly with business values, compared to just 40% who don’t.  

Not just a ‘millennial problem’

Modern Survey found that engagement levels are consistent across every working generation.

Business leaders agree

Some 90% of business heads agree that a social employee engagement strategy will positively benefit their businesses success moving forward says research by ACCOR.

Action lethargy

Despite the above, ACCOR also found that just one in four business leaders actually have an engagement strategy in place.

Missing out

What you probably care about most; Kenexa found that organisations that created highly-engaged workforces enjoyed twice the annual net income compared to companies with low employee engagement rates.