Your employees are disengaged. Here’s how to turn it around.

Intersection

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Five Fifty
Five Fifty
Image description: An image of an office worker standing inside an open elevator. The five floors of the building are indicated by a series of five emojis above the elevator doors. The emojis represent a satisfaction spectrum, with expressions ranging from a frown emoji on the far left to a smiling emoji on the far right. The worker is currently on the ground level of the building, represented by the frown emoji, but the elevator’s “up” call button is lit, and the worker looks upward, anticipating an ascent to higher levels of satisfaction. End of image description.

Employee disengagement is costing companies—to the tune of $90 million in lost productivity annually. Prioritizing six factors can help recapture some of that potential lost value, say McKinsey senior partner Aaron De Smet and coauthors. To learn more about how to keep your employees engaged, check out the latest edition of the Five Fifty.

Image description: A bar chart shows the top 6 factors that affect employees’ satisfaction and commitment levels, according to new McKinsey research. The 6 factors are as follows: inadequate total compensation, lack of meaningful work, lack of workplace flexibility, lack of career development and advancement, unreliable and unsupportive people at work, and unsafe workplace environment. Prioritizing these 6 factors could help companies annually save more than 60% (or an estimated $56 million) of the $90 million of potential lost value from employee disengagement. End of image description.

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by "McKinsey Quarterly Five Fifty" <publishing@email.mckinsey.com> - 04:40 - 23 Apr 2024