Businesses that prioritize morale and actively foster a company culture enjoy higher productivity, less turnover, and lower absenteeism.
According to Gallup’s 2017 State of the American Workplace report, only 33 percent of American workers are engaged in the workplace. The best-managed companies have an engagement rate of 70 percent, but these companies are the exception, rather than the norm.
Companies that prioritize employee engagement are more profitable and enjoy less staff turnover. That’s why it’s important to have a proactive plan in place for building and sustaining team morale and creating a rich, inclusive company culture that will then foster employee engagement. This starts with a company’s mission and values.
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