Disgruntled employees cost US companies an estimated $1.9 trillion in lost productivity last year, according to research from Gallup that puts a price tag on workplace unhappiness.
That eye-popping figure stems from more Americans feeling detached from their employers in the aftermath of the pandemic. A measure of engagement from Gallup’s surveys had been steadily rising for a decade, but peaked in 2020. The disruption of the past few years reduced satisfaction in the workplace, with more employees saying they don’t clearly know what’s expected of them — a symptom that reduces engagement.
The stakes are high for companies because an engaged workforce increases productivity and that helps boost sales and profit. Connecting better with staff also ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.