Let’s look at some numbers…
You track inventories, sales and lead generation. Spending thousands on tools for analytics and programs for efficiency and growth on an annual basis. What systems do you have in place to know, support and grow the drivers of all those other metrics…YOUR PEOPLE.
According to Gallup’s 2013 State of the American Workplace report, only 30 percent of employees are committed to doing a good job and 50 percent are just putting in their time. The most troubling finding is that 20 percent actively damage their organization by negatively influencing coworkers, missing days and alienating customers.
The median number of days away from work as a result of anxiety, stress, and related disorders was 25 – substantially greater than the median of 6 for all nonfatal injury and illness cases (Bureau of Labor Statistics).
Job stress is estimated to cost U.S. industry more than $300 billion a year in absenteeism, turnover, diminished productivity and medical, legal and insurance costs (Psychologically Healthy Workplace Program Fact Sheet).
Thirty percent of employees polled said family and relationship issues were the most likely cause for taking a “mental health day,” defined as “taking a day off to recover and recharge” (ComPsych Corporation).
Productivity losses related to personal and family health problems cost U.S. employers $1,685 per employee a year, or $225.8 billion annually (Stewart, Ricci, Chee, & Morganstein).
Companies that invest more than average in employee training outperform the market by 45% and have returns that are 86% higher than those companies that spend less than average (Bassi, Ludwig, McMurrer, & Van Buren).