Here are 20 company culture stats that you need to know:
#1: 64% of all employees do not feel they have a strong work culture
#2: 49% of all employees are not satisfied with their direct supervisor (that’s 1 out of every 2 employees for those of you who are keeping score at home…)
#3: Companies with engaged employees outperform those without them by up to 202%
#4: More than 1 in 4 employees do not have the appropriate tools to be successful in their jobs
#5: Peers and camaraderie are the #1 reason employees go the extra mile, not money
#6: 71% of employees are not fully engaged
#7: Only 21% of employees feel strongly valued at work
#8: 87% of the global workforce is disengaged
#9: There’s 2.5x more revenue for companies with engaged employees versus competitors with low engagement levels.
#10: $11 billion is lost annually due to employee turnover
#11: 75% of people don’t quit their jobs; they quit their bosses.
#12: Highly engaged employees are 87% less likely to leave the company they work for than their counterparts
#13: Only 12% of employees leave their job for more money elsewhere
#14: Turnover at companies with a poor culture is 48%
#15: Turnover at companies with a great culture is just 14%
#16: Happy workers are 12% more productive than the average worker and unhappy workers are 10% less productive
#17: 63% of employees are not engaged at work and 24% are actively disengaged, leaving just 13% engaged in the work they’re doing
#18: Unhappy employees take 15 more sick days each year than the average worker
#19: Low engagement results in a 33% decrease in operating income and an 11% decrease in earnings growth
#20: High engagement, however, results in a 19% increase in operating income and a 28% increase in earnings growth
So to sum it up, a company’s culture is responsible for a huge amount of its successes and failures.
If you’re ready to start making a cultural change for good in your company, make sure you reach out.
All data sourced from TruPath.
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