Disengaged employees are costly. A recent Deloitte report notes that organizations spend over $100 billion annually to improve employee engagement. Despite that, 87% of employees remain disengaged and cost U.S. companies $450 billion to $550 billion per year in lost productivity, according to Gallup.
It is important to note that disengaged employees are not necessarily poor performers—but they’re indifferent to their organization, less productive, and at risk of leaving the business. This means they are not giving their best effort or motivated to drive company performance. Traditional engagement improvement methods such as annual reviews are seemingly no longer breaking through, and companies need to find creative new ways to drive engagement.
