Employee Disengagement and RTO Policies
Money Lessons with Andrew Temte, PhD, CFA
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Show Notes
I talk a lot about employee engagement in this forum and about the costs/dangers of employee disengagement. According to a recent Gallup survey, for the full year 2023, only 33% of employees are ‘engaged’ in their work—a slight uptick from the previous year’s number of 32%. More importantly, the proportion of employees who are actively disengaged fell slightly to 16% from a 2022 high of 18%. While this represents a small year-over-year improvement, Gallup estimates that the impacts of active disengagement amount to $1.9 trillion of lost productivity in the US. Putting it into perspective, that’s a whopping 8% of US GDP. Just imagine the lift in economic growth, equity markets, trade, etc., that would accompany a significant reduction in active disengagement!
Learn more at www.andrewtemte.com.
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