HOW MUCH Does Employee Disengagement Cost?!?
ADP (the payroll giant) puts the cost of employee disengagement at an average of $2,634/year. That’s an average. If your more highly paid employees are checked out then the cost increases dramatically. Since the 2014 Gallup Poll revealed that 70% of employees are disengaged, it means your organization could be bleeding money — and not slowly!
Where do these costs come from?
- Low productivity
- Lower sales
- Missed opportunities
- More down time in terms of illness
- Increased use of medical and other employee benefits
- Damage to your brand as unhappy employees bad mouth your organization
To quote Sonny & Cher from their hit song “And the Beat Goes On.”
