{"id":259,"date":"2016-03-24T20:08:01","date_gmt":"2016-03-24T20:08:01","guid":{"rendered":"https:\/\/www.esopmarketplace.com\/esopblog\/?p=259"},"modified":"2016-03-24T20:08:01","modified_gmt":"2016-03-24T20:08:01","slug":"employee-engagement-boosts-the-bottom-line","status":"publish","type":"post","link":"https:\/\/www.esopmarketplace.com\/esopblog\/2016\/03\/employee-engagement-boosts-the-bottom-line\/","title":{"rendered":"Employee Engagement Boosts the Bottom Line"},"content":{"rendered":"<p>Here&#8217;s a quick test. Crumble a piece of paper and toss it in the hallway. Then watch and wait. How many people walk by it before someone picks it up? That&#8217;s your ownership culture barometer.<\/p>\n<p>When consultants speak of &#8220;building an ownership culture&#8221; in ESOP companies, what they really mean is employee engagement.<\/p>\n<p>Do your employees care about the place they work? Employee engagement is the commitment that individuals have to their company. It&#8217;s the belief that the company is on the right track, that it values my contributions, and that my work makes a difference.<\/p>\n<p>Whether you call it ownership or engagement, the result is the same: employees who care go the extra mile. They create tangible value for the business. Take a look at the research data:<\/p>\n<ul>\n<li>Fully engaged employees return 135% of their salary in value\u2013Center for Talent Retention<\/li>\n<li>Moving from low to high engagement can result in a 21% increase in performance\u2014Corporate Executive Board<\/li>\n<li>Business units in top quartile of engagement outperform those in bottom quartile:\n<ul>\n<li>50% higher in productivity<\/li>\n<li>44% higher in profitability<\/li>\n<li>50% higher in customer satisfaction \u2014Gallup<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>I think this quote from Simon Sinek underlines the opportunity for ESOP companies: &#8220;When people are financially invested, they want a return. When people are emotionally invested, they want to contribute.&#8221;<\/p>\n<p>For more, visit the <a href=\"http:\/\/nesteggcommunications.com\/blog\/\">Nest Egg Communications blog<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a quick test. Crumble a piece of paper and toss it in the hallway. Then watch and wait. How many people walk by it before someone picks it up? That&#8217;s your ownership culture barometer. When consultants speak of &#8220;building an ownership culture&#8221; in ESOP companies, what they really mean is employee engagement. Do your [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[88,87,89],"_links":{"self":[{"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/posts\/259"}],"collection":[{"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/comments?post=259"}],"version-history":[{"count":1,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/posts\/259\/revisions"}],"predecessor-version":[{"id":260,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/posts\/259\/revisions\/260"}],"wp:attachment":[{"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/media?parent=259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/categories?post=259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esopmarketplace.com\/esopblog\/wp-json\/wp\/v2\/tags?post=259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}