According to Willis North America, employee disengagement costs U.S. employers $350 Billion per year in lost productivity. Research Works estimates the following index:
- Highly engaged employees: 20%
- Engaged employees: 15%
- Disengaged employees: 40%
- Actively disengaged employees: 25%
Prominent research shows that up to 58% of performance on the job is due to skills such as:
- Social Skills
These skills also regulate and predict personal success as well!
Emotional Intelligence, or EQ, is the ability to sense, understand, and effectively apply the power and acumen of emotions to facilitate higher levels of collaboration and productivity. Can your organization use more of this???
This is a take from the old saying that “people retire ON the job”, instead of “from the job.” Similarly, there is a great book titled, “I Quit… But Forgot to Tell You!”, by Terri Kabachnick.
The book is about disengaged workers and it outlines the cost to U.S companies… excess of $250 billion in 2002 numbers. Can anyone begin to guess what disengagement costs today?!
According to Kabachnick’s research:
Ever met folks who find something wrong with the sun shining? Or known someone who would pull a butterfly’s wing off just because they can?
There are just some people that – as my father would say- are simply put on Earth to show the rest of us how NOT to act.
If you have someone with “stinkin’ thinkin’” on your staff and if you don’t address the behavior, your employee turnover and employee productivity will suffer.
The cost of employee disengagement is extremely high, one study citing as much as $350 billion per year is lost due to disengagement. And the number one person credited with both high employee engagement as well as low employee engagement is…. drumroll… the manager.
Yes, the manager controls employee engagement. Quality Circles, Consultants, and Psychologists have said for years that you “cannot motivate others, you can only create the environment conducive to self-motivation. “ And I agree with this. Managers have the power to set the tone for a motivational environment or a non-motivational environment.
Some ways to accomplish this:
Greater Emotional Intelligence (EQ) enhances one’s life immensely. Our bodies and minds are energy systems. Have you ever walked into a room of people and felt hostility immediately? That’s energy. Have you been in the presence of someone who immediately makes you feel a strong sense of peace and serenity? That is energy. Have you walked into an empty room and felt peace? That’s lingering energy. What about an empty room that feels hostile? That is also lingering energy.
Let’s define EQ. Emotional intelligence is the ability to understand emotions, particularly one’s own emotions. “Know thyself”, proclaims the ancient Greek aphorism. Self-awareness and self-regulation are the first two tenets of EQ.
Some of the benefits of Higher Emotional Intelligence:
How sweet it is to get to a place of comfort and just coast. Really? Is it really sweet? Human beings are goal-oriented creatures. By nature, we need to stretch our minds and our bodies!
This does not mean we are intended to set the world on fire or never rest our minds. We are happier, however, when we are not standing in one place for too long.
Things to ponder…
Have you ever heard of the Tall Poppy Syndrome? The term is used mostly outside the U.S., primarily in the UK, New Zealand, Australia, and Canada. The term is derogatory in nature and refers to “cutting down” people who have higher social, economic, or political status. The reference dates back first to Livy’s (59 BCE) History of Rome, Book I which recounts the story of a Roman King symbolically sweeping a stick through his garden to chop off the heads of the tallest poppies growing in the garden. This was to symbolize a society that was leery of people who are deserving of genuine merit and positive attention. In other words, do not stand above the crowd!
Better yet, let’s turn that around. We have been looking at Maslow’s Hierarchy of Needs this week. One way for the CEO or company owner to make certain his or her company receives high marks from the customers is to make certain the company receives high marks from the employees! Simply stated… your employees will offer the same service and attitude that you mirror to them in their work.
There are many reasons a person may choose to work with an Executive Coach. Many Fortune 100 companies have implemented coaching programs and most companies have used executive coaching through an outsourced partner for at least one of their corporate leaders.
Some ways Corporate America utilizes Executive Coaching …