Employee Engagement for Small and Midsize Businesses

As Your Business Grows, So Does the Need for Engagement

Small and Midsize Businesses (SMBs) face unique challenges in terms of employee engagement. Studies show 36% of small and midsize employees are actively engaged in their organizations versus only 29% in larger businesses. However, with more dynamic needs and fewer resources than larger organizations, SMBs must get creative in their efforts to maintain that higher level of employee engagement.

This is especially important given the current state of employee engagement in the workforce: 

  • More than half of the U.S. Workforce is searching for a new job or watching openings
  • Only 13% of employees strongly agree the leadership of their organization communicates effectively with the rest of the organization
  • 37% of engaged employees are looking for jobs, while 73% of disengaged employees are looking to leave
  • 53% of employees say having a greater work=life balance and better personal well-being is very important
  • Only 12% of employees strongly agree their organization does a great job of on boarding new employees.
  • Only 23% of employees strongly agree their manager provides meaningful feedback.

While profitability is the key function of any organizations, cash flow is the lifeblood of small to midsize organizations. Small and Midsize Businesses simply cannot afford to have employees that are not emotionally connected to the mission and values of the company.  The direct correlation between increased employee engagement and key business outcomes such as productivity and turnover prove to be invaluable for small to midsize organizations whose already slim budgets and resources are being stretched.  

In order to develop a strong team that is purpose-driven, Small and Midsize Businesses must foster a culture of engagement and recognition that resonates throughout all aspects of the company. By investing in the development of employees and recognizing those that live the mission of the organization, you will be able to build high-performance teams that thrive.

When companies create a true Culture of Engagement and Recognition, amazing things happen. When compared to companies with low levels of engagement, those with high levels of engagement experience, on average:

  • 41% Lower absenteeism
  • 24% lower turnover (high turnover industries)
  • 59% lower turnover (low turnover industries)
  • 28% less shrinkage
  • 70% fewer employee safety incidents
  • 58% fewer patient safety incidents
  • 40% fewer quality incidents (defects)
  • 17% higher productivity
  • 20% higher sales
  • 21% higher profitability

If you're interested in how C.A. Short Company can help your company create a Culture of Engagement and Recognition. 

New Call-to-action

Request a Complimentary Consultation!