Are you curious about the state of employee engagement at small businesses? Then look no further. I’ve collected, curated and vetted a list of up-to-date statistics below. Keep reading for the top small business employee engagement statistics.
17 Small Business Employee Engagement Statistics
Finding talent is a problem for 56% of owners.
Businesses that have high employee engagement enjoy 17% higher productivity.
Higher productivity from engaged employees results in a 21% increase in profits for businesses with high employee engagement.
Businesses in the top 25% of employee experience enjoy around 200% higher return on investment.
An increase in employee engagement can increase employee retention rates by up to 87%.
Companies with initiatives to improve their customer experience see employee engagement increase by 20%, on average.
High levels of positive employee experience increase the level of discretionary effort by 100%.
Companies with engaged employees outperform the competition by 147%.
15% of global employees are engaged in their work, with 18% of employees actively disengaged.
Engaged teams achieve 17% higher productivity, 21% greater profitability, and 10% higher customer ratings.
Highly engaged employees are 41% less likely to be absent from work.
Highly engaged teams experience a 59% lower turnover.
Highly engaged business teams record 40% fewer quality incidents.
When business teams are highly engaged, there are 70% fewer safety incidents.
A 1,000% increase in errors has been found amongst disengaged employees versus engaged employees.
Only 5% of employees meet the Talent, Engagement, and Tenure (TET) trifecta that has been proven to boost productivity.
Employees are 6x more likely to be engaged in a job where they are utilizing their strengths every day.
I hope these stats helped you understand the current state of employee engagement at small businesses, and highlighted some areas of opportunity for your business.
If you want to go even deeper you should read my posts on winning the war for staff during a talent shortage, investing in employee satisfaction and how to stop your best employees from leaving.
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