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Creating a Culture of High Performing Teams
High performing teams exceed their goals!
In this white paper, with insights drawn from Dale Carnegie’s global research study on teamwork, we share key influences that separate high-performing teams from others. We discuss what differentiates high performers and show you 7 ways to help transform your team's performance.
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9 Strategies to Increase Employee Engagement
The Great Resignation was not just a passing fad. Workers demand more—such as better work/life balance—from their employers. And they are heading out the door to find it if their current business won’t provide it. If you want to succeed, you need to increase your employee retention and engagement strategies.
Why Worry About Employee Retention?
Employee turnover is costly and disruptive to businesses. Turnover rates average from below 20% in sectors such as consulting, manufacturing, and financial services up to above 30% turnover for retail and eCommerce.
And all those exits can impact your bottom line. There are direct costs, such as recruiting and onboarding. These can cost employers several thousand dollars for an hourly employee, up to multiple times the full salary of executives. In addition, there are intangible costs, such as lost productivity from a new employee needing to learn or lost knowledge and training that leave with an employee.
Employee exits also demoralize remaining employees, change the work environment, and influence workplace culture. If you’re not actively retaining employees, then you could find yourself with a blank roster sooner than you realize.
4 Ways Managers Can Influence and Reduce Workplace Anxiety
The world is becoming more and more stressed. And it’s this anxiety that leads to disengaged (or worse, disappearing) employees. It’s true; has fallen for the first time in over a decade.
According to Gallup, in 2020, 36% of employees surveyed said they were engaged, and 14% were actively disengaged. By late 2021, those numbers had changed to only 34% engaged employees and 16% actively disengaged employees. One major reason for this trend—increased workplace anxiety and stress.
Is Anxiety at Work a Problem?
Short answer—yes. Gallup’s State of the Global Workforce report shows that 44% of employees experienced high stress at work in 2021, beating out the COVID-19 2020 high of 43% and rising significantly from the 33% recorded in 2014. Employees are more stressed than ever, so they’re protecting their physical and mental well-being by seeking out workplace cultures that align with a healthy, happy, and less-stressed lifestyle.
In fact, according to a Deloitte study, 68% percent of employees and 81% of executives said that they would choose better well-being over career advancement. This all leads to the ongoing “Great Resignation.” If businesses want to keep their employees happy and healthy, they need to address workplace anxiety and stress.
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