It39s expensive to replace workers who quit so remember to keep them happy so they don39t want to look for other jobs

Infographic: The Importance of Team Building

Aug. 6, 2013
$550 billion: That is the cost of lost productivity thanks to disengaged employees. If you build your team, you’ll build your business.

Having your own space at work has its advantages: We all want that corner office, right? But research suggests that consistently working alone lowers morale and affects overall work ethic. Research also finds that 70 percent of employees feel they are not engaged in their jobs and nearly 20 percent said they emotionally “checked out” last year. Could they have checked out because fewer than 30 percent of employees say they are involved in important decisions that impact their work and workplace?

Employers need to connect with employees and encourage them, as well as remind them that they are important assets to the company. Remember, it costs the equivalent of one-fifth of an employee’s annual salary to replace him, so keep him  happy!

This infographic from Bolt Insurance offers some team-building tips.

About the Author

Sandy Smith

Sandy Smith is the former content director of EHS Today, and is currently the EHSQ content & community lead at Intelex Technologies Inc. She has written about occupational safety and health and environmental issues since 1990.

Sponsored Recommendations

Navigating ESG Risk in Your Supply Chain

Sept. 26, 2024
Discover the role of ESG in supply chains, from reducing carbon footprints to complying with new regulations and enhancing long-term business value.

Understanding ESG Risks in the Supply Chain

Sept. 26, 2024
Understand the critical role of ESG in supply chains, the risks for hiring companies, and the competitive edge suppliers gain by prioritizing sustainability.

Best Practices for Managing Subcontractor Risk

Sept. 26, 2024
Discover how to effectively manage subcontractor risk with unified strategies, enhanced oversight, and clear communication for consistent safety and compliance.

Building a Culture of Support: Suicide Prevention and Mental Health in the Workplace

Sept. 26, 2024
Find best practices for setting up an organizational culture that promotes positive mental health and suicide prevention.

Voice your opinion!

To join the conversation, and become an exclusive member of EHS Today, create an account today!