| Development
Is
your management team maximizing their performance? Are they
and the people that work for and with them fully engaged in
the success of your business?
In 2000 the Gallup Organization first reported
the proportion of engaged, not-engaged and actively not engaged
workers in the U.S. workforce. The results of the Gallup surveys
have been updated quarterly ever sense. The latest figures
show that, only 30% of the U.S. workforce consists of engaged
employees, over half, 54%, are not engaged and 16% are actively
not engaged.
Using
the most conservative scenarios, Gallup has calculated that
the cost to the U.S. economy of actively disengaged employees
is in the range of $254 to $363 billion annually. More specifically
the lost productivity cost of an actively disengaged employee
represents $3,400 per $10,000 of salary. For an employee who
earns $30,000, the cost is $10,200; if the salary is $50,000,
the cost is $17,000 and so on. At the
high salary level, the savings generated just through achieving
a zero disengagement condition would be more significant than
the savings generated by all other forms of cost reduction
efforts.
Statistics
published by The Corporate Leadership Council of the Corporate
Executive Board show that the cost of turnover for front line
employees is equal to 0.41 times salary; that of professional
associates is 1.77 times salary and that of managers is 2.44
times salary.
The above statistics are frightening. The
impact of your leadership team on their subordinates and the
subsequent impact on your customers will determine your bottom
line and perhaps your survival.
The Martin
Team can help you maximize your people performance. In addition
to our, world class, assessment tools discussed in the Assessment
section, we can provide you with outstanding training and
development solutions. We are partnered with 360 solutions
and The Center for Organizational Design. These two excellent
companies provide us with state of the art research and materials
that allow us to provide you with training and development
solutions that will have a strong and positive impact on the
performance of your team.
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