Employees can make a difference in internalizing sustainability and translating high-level commitments from a corporate sustainability plan into action and results. Employees make far-reaching decisions impacting an organization's environment and social consequences on a daily basis. What is the evidence for employee engagement to further sustainability within organizations?
The post Employee Engagement Matters provides the following statistics as evidence for engagement:
• The Corporate Leadership Council reports that engaged organizations grew profits as much as three times faster than their competitors. Highly engaged organizations have 87% less staff turnover and 20% better performance than average.
• A global survey by Tower Perrins-ISR involving more than 664,000 employees in 50 companies found that the operating income of companies with engaged employees improved by 19% in one year, while it declined by 33% for companies with low levels of employee engagement.
• Fully engaged employees are 2.5 times more likely to exceed performance expectations than their disengaged colleagues.
• 59% of engaged employees say their job brings out their most creative ideas compared to only 3% for disengaged employees.
Corporate social responsibility
• Many factors, such as leadership, integrity, immediate management and fair treatment, influence employee engagement. However, increasing evidence shows that performance on sustainable development also plays part. For example, a survey by Ipsos Mori10 found that:
- 70% of employees with a favorable perception of their company’s community engagement plan to stay for the next 2 years. compared to 50% of those with a less favorable perception.
- 75% would recommend their company if they feel it is environmentally responsible, versus less than half if it is not.
- 47% of job-seekers are more likely to join and stay with a company that addresses social issues.
- 75% of employees who believe their employers pay enough attention to environmental protection and sustainable development reported higher levels of commitment.