Noel Grima
A substantial amount of employees in Malta can be classified as Disconnected, ie detached from the company's aims, focus and commitment.
This is the result of a survey to be unveiled at this year's FHRD conference that is being held today.
In Malta the 2015 HR Pulse Survey carried out by FHRD and PwC found that a focus on employee engagement is still far from being realised ...
- 40% of the organisations interviewed do not measure employee engagement at all
- Of those who do measure engagement 84% use employee surveys, however 36% of action points developed for improvement are not monitored
- 35% have no management development programme
- 37 % reported having no coaching and mentoring systems in place
- 44% of organisations report managing employee engagement as one of their top three priorities in the next 12 months, along with retaining key talent (56%), and creating a high performance culture (44%)
Meanwhile, in the big wide world out there
- US businesses lose around $550 billion each year due to disengaged employees (Gallup, American Workforce Report, 2013)
- Across industries, 10% to 15% of the global workforce can be categorized as Disconnected-with low levels of engagement and a high likelihood to exit the organisation. What's more, only two in five employees express a strong intent to work for their current employer for at least another year (PwC's research).
- employees most committed to their organisations put in 57 % more effort on the job - and are 87 % less likely to resign - than employees who consider themselves disengaged (study conducted by the Corporate Executive Board)
- When employees see positive, ongoing management of employee engagement, they are 20% more engaged than those with no focus.
The number of employees choosing training and development is three times higher than those choosing a cash bonus (PwC Engaging Your Pivotal Talent Study)