Understanding Employee Engagement - a podcast by Eric Guy

from 2023-10-23T00:00

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In this week’s episode, Chief Victory Officer, Eric Guy, delves into the intricacies of employee engagement and offers valuable insights on retaining your top performers.

Takeaways:
- Engagement extends beyond mere workplace satisfaction; it encompasses a profound emotional commitment to the company and its objectives.
- Engaged individuals exhibit emotional dedication to the company’s vision, fostering a sense of psychological ownership.
- Companies with engaged employees experience a 6% higher net profit margin, 22% increased productivity, and a 22% boost in profitability.
- 98% of CEOs overlook engagement data, neglecting its importance.
- If you want people to stay engaged, you must put them in positions where they are going to flourish.
- Employees should be matched behaviorally to positions that align with their core traits and strengths.
- Treat people the way they need to be treated for maximum productivity and efficiency.
- Disengaged managers contribute to a staggering annual cost of $90 billion in the United States.
- Employee turnover exacts a hefty price, causing an annual loss of $11 billion.

Quotes:

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“Take the initiative to pour into your people, and your people will pour back.”
- “Your people won’t be engaged through osmosis.”
- “People don’t quit their job, they quit their boss."
- “Treat people the way they need to be treated for maximum productivity and efficiency.”

MAKE THIS YOUR BEST DAY YET!

Further episodes of Your Best Day Yet

Further podcasts by Eric Guy

Website of Eric Guy