Headcount
25 Employees.
Costs associated with lack of engagement are a 'slow bleed'. Every day you fail to address it, you place profits, people and productivity at risk of leaving.
Get a quote today.
We understand the value proposition when it comes to investing in teams can be murky. That's why we've put together this example of an average CultureSmith client in an effort to add some clarity in respect to ROI.
We are on a mission to scale empathy in every workplace that exists in the markets we serve, and the last thing we want is confusion around money to stand in the way of delivering on that mission.
A Moderately Engaged culture experiences a 17% increase in Productivity vs a Moderately Disengaged one.*
For every 5% increase in Productivity an organization can expect to see a 3% increase in Revenue the subsequent year.**
*Source: State of The Global Workplace, Gallup, 2018
**Source: Trends in Global Employee Engagement, Aon Hewitt, 2017
63% of employees report lost time each year avoiding toxic coworker.*
The average number of days lost per worker per year currently sits at 11.6 days **
The move from a Moderately Disengaged Employee Base to a Moderately Engaged one results in a 41% decrease in absenteeism.***
*Source: Toxic Workers, HBR
**Source: Statistics Canada
***Source: State of The Global Workplace, Gallup, 2018
The replacement cost of an employee is between 6-9 months of that individual’s salary.*
The avg. turnover rate in Canada is 16%, the 4th highest globally.**
The move from a Moderately Disengaged Employee Base to a Moderately Engaged one results in a 59% decrease in Turnover .***
*Source: Society of Human Resource Management (SHRM), 2018
**Source: Canadian HR Reporter, 2018
***Source: State of The Global Workplace, Gallup, 2018
Let's apply the above statistics to a company with the following characteristics:
25 Employees.
Average Salary of $70k Annually.
Annual Revenue of $5mil.
However the we routinely deliver situational ROI that even further justifies the investment.
There is nothing quite like the confidence of knowing that your people are equipped to deal with any situation.
Book a Free Exploration Call and we will help tailor a plan that fits your budget and your needs.